Volume 1 Issue 4

Counterfeiting: On the Rise in Asia?

Sales of counterfeit engine oils are becoming a more attractive crime in Asia as the region shifts toward higher quality lubes, industry insiders say.

BP, Caltex Will Sever J.V.

BP and Caltex will sever their Australian joint venture, the Australasian Lubricant Manufacturing Co., which supplies nearly half of the country's lubricant demand.

Gulf Demerger Goes to Vote

An Indian court has scheduled a meeting Thursday for stockholders of Gulf Oil Corp. Ltd. to consider managements proposal to spin off its lubricant business.

Motorbike Retailer Builds Blend Plant

Indonesian motorcycle retailer PT Mitra Pinasthika Mulia plans to use proceeds from a recent stock offering to build a new blending plant for its lubricant arm, PT Federal Karyatama.

Recycling Plant Opens in Malaysia

Hiap Huat Holdings opened its third and largest waste oil recycling plant last week. Located in Pulau Indah, Malaysia, the plant has the capacity to make 15,000 metric tons per year of recycled base oil.