Indias tractor market is the worlds largest, and some analysts say it will continue expanding at healthy rates for the foreseeable future, bringing tractor lube demand along with it.

Operating performances of South Korean lubricant businesses have improved lately, helping them regain their luster in stock listings.

Australia will continue to support oil recycling through its consumer-funded rebate program after vetoing a proposal to cut benefits.

BASF and Sinopec will build a neopentylglycol plant at their joint venture petrochemicals complex in Nanjing, China. NPG is used as a building block in the production of polyester resins for lubricants and other applications.

British packaging manufacturer RPC Group agreed to buy Hong Kong-based Ace Corp. Holdings Ltd., a manufacturer of injection mold tools and components. RPG, which supplies packaging for lubricants, said the deal gives it a platform for growth in Asia