Volume 2 Issue 20

SK Files For IPO

SK Lubricants filed documents last week seeking eligibility to conduct an initial public stock offering.

Castrol India, GTS Post Big Gains

Castrol India and GTS Chemicals lubricant business both reported big jumps in profits for the quarter ended March 31, while Chevron Lubricants Lanka and Apar Industries oil and lubricants segment suffered setbacks.

Industrial Lubes Feed Amer's Growth

Southern Chinas Amer Lubricant Technology Co. has seen its business grow at an annual clip of 20 percent and is now building its third blending plant - all while focusing on the markets industrial segment.

Oxidation: Tough Challenge for Heavy-duty Oils

With commercial vehicle demand booming, especially in developing nations, the Asia-Pacific region needs better quality heavy-duty engine oils that can handle extreme conditions and fight oxidation, said Afton Chemical.

Briefly Noted

Chinese state-owned Sinopec Lubricant Co. will supply grease to and develop compressor oils with German compressor manufacturer Burckhardt Compression. Shell China ramped up its partnership with Xiamen Xgma Machinery Co. to supply not just exactor oils, but all of Xgmas lubricants.