Home June 24, 2014

June 24, 2014

Volume 1 Issue 25

Internationals Rule Aussie Mining Lubes

Australias mining industry is a pillar of the countrys economy and a major consumer of lubricants. But domestic lube suppliers arent extracting much profit from it. Quite the opposite, in fact.

Chongqing Xiandai Buys Packaging Supplier

Many Chinese lubricant suppliers have begun taking tips on marketing from their Western counterparts. Now some are doing the same in the area of packaging.

Key Manila Depot Slated to Close

An oil depot which supplies nearly all of the lubricants consumed in the Philippines is set to be closed in January 2016.

Tianhe IPO Fetches H.K. $1.80 Per Share

Tianhe Chemicals confirmed last week that its June 12 stock offering on the Hong Kong Stock Exchange brought a price of H.K. $1.80 (U.S. 23 cents) per share, raising an estimated U.S. $654 million.

Process Oils: Pulled in All Directions

Demand for process oils should grow at healthy rates in coming years thanks to rising consumption by a wide range of industries, an industry insider said. The question is whether supply can keep pace.

Base Oil Reports

purple world americas

Asia Base Oil Price Report

Despite its typical summer slowdown in demand, the Asian base oil market is seeing conditions tighten in the API Group I segment due to planned and unplanned supply disruptions.-by Gabriela Wheeler
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