Volume 11 Issue 6
SKF Builds Equipment Factories in China
February 9, 2024SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, last month. It is one of several equipment factories that the company is developing in China.
Profits Down at SK, S-Oil
February 9, 2024Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubricants businesses, while Hyundai Shell Base Oil reported increased operating profit for the fourth quarter and full year.
Lubes’n’Greases February Issue Available
February 9, 2024Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil demand in Brazil as well as how a Dutch startup is producing fatty acids from food waste.
Southeast Asia Auto Sales Dipped in 2023
February 9, 2024Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, according to Asean Automotive Federation data.
From Other Editions of Lube Report
February 9, 2024November Bump for U.S. Base Oil Exports
Briefly Noted
February 9, 2024ExxonMobil announced the opening of a lubricant test laboratory in Singapore to augment its Mobil Serv Lubricant Analysis service.