Volume 1 Issue 23
Technology Lifts Grease Sales
June 10, 2014Frost & Sullivan estimated the global industrial grease market will reach U.S. $1.8 billion revenue in 2019, up from $1.2 billion in 2012, with technological improvements and customized grease systems creating opportunities for market participants in a wider range of industries.
Sanyo Builds VII Plant in China
June 10, 2014Japans Sanyo Chemical Industries Ltd. will build a plant in Jiangsu Province, China, with capacity to produce 5,000 tons per year of viscosity index improvers.
Central Asia's First Rerefinery Rises
June 10, 2014Prista Recycling expects to stream base oil at its rerefinery in Uzbekistan by October, the Bulgarian company told Lube Report Asia.
Sales Down at Sah
June 10, 2014Sah Petroleums Ltd. saw its sales revenue decline by 3.1 percent in the fiscal year ended March 31. Still, the Mumbai-based lubricant and process oil supplier was able to climb out of the red thanks to lower finance costs.
Packaging Lines Require Planning
June 10, 2014Blending operations are the core of every lubricant manufacturing plant, but after oils and greases are made, they must be put into containers that will carry them to end users. This is where packaging comes in.
Correction
June 10, 2014An article in last weeks issue mistakenly said Naco Lubrication Co. Ltd. in Shanghai, China, produces TPPT (triphenyl thiophosphate). That antiwear agent is made by Novitas Chem Solutions, which represents Nacos synthetic products in North America.