Volume 11 Issue 21
Kluber Expands India Lubes Plant
May 24, 2024Kluber Lubrication announced it will expand its factory in Mysore, India, to increase the amount of specialty lubricants that it makes locally and to help address supply chain challenges in the region.
Oronite to Boost China Output
May 24, 2024Chevron Oronite announced Wednesday its final investment decision to expand its lubricant additive facility in Ningbo, in China’s Zhejiang province, saying it anticipates growing demand in that market.
Profit Up at PSP, Down at Lanka IOC
May 24, 2024Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue for the quarter ended March 31, citing increased sales volumes and better margins.
From Other Editions of Lube Report
May 24, 2024More Work Needed on Sustainability Standards
Briefly Noted
May 24, 2024Sales of new automobiles in Japan decreased to 310,346 in April, an 11% decline from 349,592 in the same month last year, according to data released by the Japan Automobile Manufacturers Association.