Volume 2 Issue 37
Thailand'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 oleochemicals company IOI Group agreed last week to purchase Germanys Cremer Oleo GmbH for 89.4 million (U.S. $101.3 million).
Naco Synthetics and Chinese coal company Luan Group opened a polyalphaolefin plant late last month, a Shanxi province facility that uses coal-to-liquids feedstock.
Scientists at Australias Edith Cowan University have developed a real-time sensor to detect when an engine oil has degraded and needs changing.