Volume 2 Issue 38
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.
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.
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 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 has expanded its production of viscosity modifiers to a second location - this one at its plant in East Java, Indonesia.
ExxonMobil announced last week that it will expand its lubricant blending plant in Singapore to allow production of Mobil 1 engine oils.