Volume 10 Issue 8
Lopal Forms Pact with SAIC-GM-Wuling
February 24, 2023Lopal Technology Co. announced last week that it has reached a framework agreement with electric automaker SAIC-GM-Wuling to develop and recycle EV batteries and that it intends to supply batteries and lubricants to the joint venture.
Dongfeng Castrol JV Plant Starts Production
February 24, 2023The Dongfeng Castrol Oil Products Co. Ltd. joint venture announced early last month the first batch trial lubricants production at its 170,000 metric tons per year blending plant in Wuhan, China, as the last step before formal production at the site.
Bangladeshi Blenders’ Profits Rise
February 24, 2023Bangladeshi lubricant blenders MJL Bangladesh, Lube-rref and Eastern Lubricants Blenders all reported strong increases in profits and sales for the quarter ending Dec. 31, which was the second quarter of the fiscal year for each company.
From Other Editions of Lube Report
February 24, 2023Lubrizol Partners to Make Separations Membranes
Briefly Noted
February 24, 2023In January, India’s two-wheeler sales increased 5% to 1.2 million, its passenger vehicle sales rose 17% to 298,093 and its three-wheeler sales jumped 103% to 48,903, compared to results in the same month last year, according to data released by the Society of Indian Automobile Manufacturers.