Volume 2 Issue 10
Oronite Inks Entry to China
March 17, 2015Chevron Oronite announced last week that it will build an additive manufacturing plant in Ningbo, Zhejiang Province, by 2019.
Hilditch Tanks Up on Base Oils
March 17, 2015Graincorp this month officially opened a liquid terminals facility near Sydney, with base oils distributor Hilditch Pty leasing all 10 of the 1,250 cubic meter storage tanks.
Gazprom to Blend in China
March 17, 2015Russias Gazpromneft-Lubricants plans to establish distribution channels in China this year and to build a production facility there by 2019, the company told Lube Report Asia.
New Questions Arise on Pandacans Fate
March 17, 2015In November, the Supreme Court of the Philippines took decisive action to end a 14-year dispute over the existence of Pandacan Oil Depot. Less than four months later, the depots fate is once again in doubt.
Briefly Noted
March 10, 2015Sinopecsubsidiary Great Wall Lubricants will share more information with long-term partner, Chinese automobile manufacturer Chery International, to increase supply chain effectiveness and strengthen its Made In China branding. A recent IHS Energy report forecast that machinery production in China will expand 6.9 percent this year – the slowest growth rate since 2012.