Volume 2 Issue 35
GTS Expands Blend Plant
September 1, 2015GTS Chemical this month completed an expansion of its blending plant in Shandong province, China, intended to assist the growth of its fledgling lubricant business.
New JASO Diesel Wear Test Adopted
September 1, 2015The Japanese Society of Automotive Engineers has adopted a valve train wear test for diesel engine oils that ends reliance on a test motor no longer in circulation and reference oils that were also running out.
Lanka IOC Wants Bigger Slice of Pie
September 1, 2015Lanka IOC said it expects to increase its share of the Sri Lanka engine oil market from 17 percent to 23 percent by building more fuel stations. The independently operating Indian Oil Corp. subsidiary also plans to export lubes to Southeast Asia.
Chevron NZ Sale Draws Complaints
September 1, 2015Two competitors have filed objections to Z Energys planned takeover of Chevron New Zealand, which sells Caltex branded fuels and lubricants.
Briefly Noted
September 1, 2015AP Oil Singapore will distribute lubricants in China through its newly incorporated subsidiary, AP Oil Singapore (Chongqing) Ltd., a 51-49 joint venture between it and Chongqing New Era Lubricant Co. In a recent report on global isostearic acid demand, Persistence Market Research Ltd. found that by 2020, the Asia Pacific region will have the highest demand for the fatty acid used in metalworking fluid additives and biolubricants.