Volume 11 Issue 23
China, Taiwan Lock Horns Over Tariffs
June 7, 2024In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports of 134 categories of products from Taiwan, including lubricating base oils.
PSP Receives Capital Infusion
June 7, 2024PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on promoting development in key segments of Southeast Asian industry.
Profits Rise for MJL Bangladesh
June 7, 2024MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref (Bangladesh) Ltd.’s net profits slumped in the quarter ended March 31.
From Other Editions of Lube Report
June 7, 2024Cerilon Starts Engineering GTL Plant
Briefly Noted
June 7, 2024Sales of new automobiles in Japan fell to 312,406 in May, a 4% decline from 326,731 in the same month last year, according to data released by the Japan Automobile Manufacturers Association.