Volume 2 Issue 14

Chinese Market Group II/III Technology

Chevron Lummus Global and ExxonMobil have had a near corner on the business of providing technologies needed to refine API Group II and III base stocks. Now China's big oil companies are trying to break into that business.

Petronas Eyes Expansion in China

Malaysias Petronas Lubricants International recently opened a new research and development center in China and launched several new products for domestic and global markets.

Aussie Car Bailout Boosts Lubes

Australia announced last month that it would not scrap an automotive bailout fund as previously planned, eliciting sighs of relief from automakers and lubricants companies alike.

Kamei Buys Marine Lube Supplier

Japans Kamei Corp. purchased Lee Huat Yap Kee Pte, of Singapore, March 27, an acquisition that gives it entry into the marine lubricant and base oils markets.

Briefly Noted

Shell Lubricants India has launched a new Rimula-branded 10W-30 diesel engine oil exclusively for Tata Motors commercial vehicles. Chevron named Caltex Australia exclusive distributor of its Talcor brand of industrial lubricants in Australia.