Home September 22, 2015

September 22, 2015

Volume 2 Issue 38

Indonesian Four-wheel Market Heats Up

With some predicting lubricant consumption in Indonesia will continue to decline, suppliers are vying to grab sales volume by introducing niche 10W engine oils for four-wheel vehicles.

Synthetic Base Stocks Flow From Asia

Compared to Europe and North America, the Asia-Pacific region does not consume much synthetic base stock, but it produces a growing and broadening volume of them, according to LubesnGreases 2015 Global Nonconventional Base Stock Guide.

Handi Enters Finished Lubes Market

Hainan Handi Sunshine Petrochemical Ltd., one of Chinas leading independent base oils suppliers, announced Sept. 14 that it has entered the finished lubricant market.

Tianhe Auditor Resigns

Tianhe Chemicals reported Thursday that the auditor of its 2014 financial results resigned after failing to reach a resolution with directors over questions about last years finances.

Pertamina Makes More Viscosity Modifiers

Pertamina has expanded its production of viscosity modifiers to a second location - this one at its plant in East Java, Indonesia.

ExMo Expands Plant for Mobil 1

ExxonMobil announced last week that it will expand its lubricant blending plant in Singapore to allow production of Mobil 1 engine oils.

Base Oil Reports

purple world americas

Asian Base Oil Price Report

Market uncertainties and a bearish outlook are keeping base oil participants in Asia away from the trading scene, resulting in muted activity.- by Gabriela Wheeler
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