Volume 11 Issue 9
Japan Lube Production Down, Sales Up
March 1, 2024Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to data released yesterday by a government agency.
SI Enters Manufacturing Agreement in China
March 1, 2024SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical Co. – a move allowing the American chemical company to close one of its own factories in China.
Hi-Tech Lubricants Earnings Rise
March 1, 2024Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment net sales for the quarter ending Dec. 31.
From Other Editions of Lube Report
March 1, 2024U.S. Base Oils Dominate Latin America
Briefly Noted
March 1, 2024London, United Kingdom-based Gulf Oil International Ltd. announced a partnership with OTO Pakistan (Private) Ltd. in the Pakistan market. OTO is a conglomerate in retail fuel stations and independent chain of convenient stores, and it will be a brand license partner for the marketing, distribution and sale of Gulf lubricants and fluid products in the market.