Volume 11 Issue 8

Perstorp Opens Penta Plant in India

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, which is used in synthetic lubricants, antioxidants and coatings.

Castrol India Posts Jump in Profits

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profits for several other Indian companies in the lubricants industry.

Auto Sales Rose in India in 2023

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, according to the Society of Indian Automobile Manufacturers.

From Other Editions of Lube Report

Venezuelan Rebound Draws Interest

Uzbek Company Buys Italian Blender

Chevron: Industry Faces Uncertain Times

Briefly Noted

India’s GP Petroleums Ltd. entered into a distributorship agreement with M/s. Noor Trading, Bangladesh effective Feb. 1 for marketing, advertising, promotion, import, distribution supply and sale of Repsol products – manufactured and marketed by GP Petroleums under license from Repsol Lubricants and Specialties of Spain – in Bangladesh.