Volume 1 Issue 53
China, India Lead Growth in Energy Demand
January 6, 2015Asia-Pacifics energy demand in 2040 will jump 61 percent from what it was in 2010, according to a recent ExxonMobil report.
Malaysia Promotes Biolubricants
January 6, 2015Industry observers say biolubricants are unlikely to take off in Asia unless governments provide incentives or mandates for their use. Malaysia appears be taking steps to do just that.
Gazprom Enters Indonesia, Taiwan
January 6, 2015Russia's Gazprom Neft Lubricants expanded its presence in Southeast Asia by signing a memorandum of cooperation and a supply deal with key Taiwanese and Indonesian companies.
Briefly Noted
January 6, 2015South Korean refiner Hyundai Oilbank named automotive aftermarket parts supplier A-MAP to carry its X-Teer-branded automotive lubricants in member nations of the Gulf Cooperation Council – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Odfjell Nangang Terminals (Tianjin), a subsidiary of Norway’sOdfjell announced an April 1 target date for the opening of a 137,000 cubic meter terminal for base oil, fuel, methanol and mixed aromatics at Tianjin, China.