Volume 2 Issue 37
Thai Market Primed to Grow Again
September 15, 2015Thailand's lubricant market shrank slightly in 2014 but is poised to resume growing thanks to continued expansion of its auto manufacturing industry, Kline & Co. consultants said.
Malaysian Oleo Firm Buys Germany's Cremer
September 15, 2015Malaysian oleochemicals company IOI Group agreed last week to purchase Germanys Cremer Oleo GmbH for 89.4 million (U.S. $101.3 million).
Lu'an-Naco Opens CTL PAO Plant
September 15, 2015Naco Synthetics and Chinese coal company Luan Group opened a polyalphaolefin plant late last month, a Shanxi province facility that uses coal-to-liquids feedstock.
Aussies Develop Real-time Oil Sensor
September 15, 2015Scientists at Australias Edith Cowan University have developed a real-time sensor to detect when an engine oil has degraded and needs changing.
Briefly Noted
September 15, 2015Despite the Society of Indian Automobile Manufacturers plea for an extension to comply with Euro V and Euro VI fuel emission standards, Indias government said the October implementation for Euro IV-equivalent standards withstands. Indonesian state-owned oil company Pertamina will provide SAE 0W-40 and 10W-60 lubricants for Lamborghini Automobiles motorsport events and sales at 129 dealers worldwide. Total Lubrifiants signed a high-performance lubricants aftermarket supply agreement with Indias Tata Motors.