Volume 1 Issue 38
Asia-Pacific Leads in Marine Lubes
September 23, 2014Asia-Pacific accounted for more than half of the 2.1 million ton total of global marine lubricant demand in 2013, consultancy Kline & Co. estimated, and is projected to account for close to 60 percent in 2023.
Slower Growth Forecast for Chinese Auto Sales
September 23, 2014Expansion of Chinas vehicle population will probably continue to slow, but the market still has room for significant growth, an industry insider told a recent lubricants conference.
Federal Karyatama Consolidates Blend Ops
September 23, 2014Indonesias PT Federal Karyatama (FKT) will consolidate and relocate its two blending plants in East Jakarta to one new plant in western Java by 2017, the company told Lube Report Asia.
Beiersdorf of China Wins Trademark Fight
September 23, 2014The World Intellectual Property Organization dismissed a claim by skin care products supplier Beiersdorf AG that a Chinese lube marketer infringed on its trademark through use of the name Beiersdorf.
ExxonMobil Builds Singapore Grease Plant
September 23, 2014ExxonMobil announced Friday that it is building a grease plant at its site in Jurong, Singapore. The company did not disclose the new facilitys capacity but said it is scheduled to begin operating by 2016.