Volume 2 Issue 39

Tide Water Opposes Standard Greases Takeover

Mumbai-based Standard Greases & Specialities last week announced a takeover bid for Tide Water Oil Co. (India) Ltd., but Tide Waters promoter said it would oppose the initiative.

Scale Hampers Rerefining in China

China has over 400 facilities capable of recycling used lubricants, but many are small and dont produce base oils, according to a Chinese rerefiner who said the countrys waste oil management system needs standardization.

Kline: Industrial Lubes Boom in Asia

Asia-Pacific is the largest regional market for industrial oils and greases and will experience the highest growth in demand for turbine and circulating oils over the next five years, according to a report from Kline & Co.

Taiwan Firm Loses Red Bull Trademark Case

Taiwans Intellectual Property Court ruled in favor of Austrian energy drink manufacturer Red Bull AGs trademark infringement claim against lube supplier Ding Oil, preventing the Taiwanese company from using Red Bulls logo and packaging design.

Castrol to Move Mumbai R&D Center

Castrol India Ltd. has decided to permanently close its Wadala, Mumbai research and development center and move its activities to a new location.

Briefly Noted

PT Pertamina Lubricants opened a warehouse in Balikpapan, Indonesia, aimed at bolstering its supply in East Kalimantan province, in northeastern Borneo. Fox Lubricants, which is based in Guangdong province, China, agreed to supply automotive lubricants to automakerFAW Group.