Chevron Oronite announced yesterday that it will install carboxylate capacity at its lubricant additive plant in Singapore.

Asia accounted for 40 percent of the globe's U.S. $8.8 billion in demand for metalworking fluids in 2013, Frost & Sullivan concluded in a recent analysis.

Indonesias state-owned Pertamina Lubricants has acquired 75 percent of Thai blender Amaco Production Co., an Amaco official told Lube Report Asia.

Japans Mitsui & Co. Ltd. will invest U.S. $44 million in Malaysian-owned oleochemical manufacturer Taiko Palm-Oleo (Zhangjiagang) Co. Ltd., located in Jiangsu Province, China.

Chinas central government yesterday announced another round of tax increases for lubricants and other petroleum products - the third such increase in less than two months.