Volume 11 Issue 24

China Offers Opportunities for PAO

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportunities in applications like cooling for data centers and electric vehicle engines, speakers said at a lubricants industry summit held in Shanghai.

Petronas, Iceotope Tie Up for Coolants

Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for data centers, becoming the latest lube company aligning with an equipment maker for an entrée into the developing new market.

Hi-Tech Lubricants Lowers Loss

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine months ended March 31, despite a drop in sales revenues.

From Other Editions of Lube Report

U.S. Engine Oil Exports Up, Imports Down

Saneg Targets Group I to Europe

Spain Rerefining Rate Dipped in 2023

Briefly Noted

Castrol India Ltd. appointed Kedar Lele as managing director, effective Nov. 1, for a five-year period. He will succeed Sandeep Sangwan, who will remain managing director through Oct. 31 and then depart for another role within BP.