Volume 2 Issue 22

Asian Oils Generate More Phosphorus

Off-the-shelf samples of SAE 0W-20 and 5W-30 engine oils in Asia have been found to generate higher levels of phosphorus emissions than their counterparts in the Americas, according to a United States-based testing company.

Profits Up for Gulf, Down for Rerun

Rebounded Indian auto sales helped Gulf Oil Lubricants India Ltd. post a 13.6 percent improvement in profits, while China Rerun Chemical reported a 50 percent decline blamed on intensifying competition in China.

FKT Begins Building New Blending Plant

Indonesias PT Federal Karyatama started construction last week on a 100 million liters per year blending plant in western Java that will involve an investment of approximately Rupiah 275 billion (U.S. $23 million).

Vietnam Mandates Used Oil Collection

The Vietnamese government announced rules that will mandate the collection and disposal of used lubricants beginning July 1, 2016.

Briefly Noted

Reporting its full-year earnings, Indian Oil Corp., Indias leading lubricant supplier, said its Servo brands market share rose 0.6 percent in 2014, with sales up 2.3 percent. Sinopec Ltd. sold 80,000 metric tons of base oils internationally in 2014 for a total of 730,000 tons, the Chinese state-owned oil company said at Enmores China Lubricants Market Focus conference in Shanghai in April.