Volume 1 Issue 35
Investments in oleochemicals projects in Malaysia have more than doubled during the first five months of 2014, the Malaysian Investment Development Authority recently disclosed.
Lubricants sales have dropped approximately 40 percent in north and central India, partly due to monsoon flooding during July and August, according to regional lube dealers.
Lukoil said it will halt construction of its blending plant in Kazakhstan due to the countrys restrictions on base oil imports and lubricant exports.
Prized for their use in medicinal applications and increasingly impacted by regulatory standards, white oils are facing declining production in Europe, according to Simon Lawford of SIP Ltd. He predicts these high-value process oils will see manufacturing shift to the Far East in coming years.