Volume 11 Issue 2

Richful Announces Project Delays

Richful Lube Additive Co. last month announced delays for two major projects – the upgrading of a lubricant additives plant and construction of a new research center – from the end of 2023 to the end of 2025.

Eastern Lubricants Suffers Big Drop in Profits

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales for the quarter ending Dec. 31, which is the second quarter of its fiscal year.

Lubes’n’Greases January Issue Available

The January issue explores some of the most prominent trends affecting the lubricants industry. Discover how the rise of electric vehicles will alter PCMO demand, why automotive lubricants are shifting toward synthetic base stocks as well as how growing emphasis on sustainability and other factors will guide the industry through the new year. Plus, find out how current market dynamics are shaping the distribution segment.

New Vehicle, Motorcycle Sales Rise in Japan

Japan’s registrations for sales of new passenger cars, trucks and buses rose 14% in 2023, while registrations for sales of new motorcycles increased 4%, according to data released recently by the Japan Automobile Manufacturers Association.

From Other Editions of Lube Report

Agreement Aims to Restart Curacao Refinery

Russia Consumes Range of Engine Oil Vis Grades

Nynas, Stena Link to Recycle Transformer Fluid

Briefly Noted

Chevron (Thailand) Co., which manufactures and distributes lubricants, last month appointed Santisak Thaipat chairman and general manager.