Volume 2 Issue 43
Idemitsu Doubles Capacity in TianjinOctober 27, 2015
Idemitsu Kosan Co. has completed an expansion that increases the capacity of its Tianjin, China, lubricant blending plant to 110,000 metric tons per year, making it the companys largest.
Castrol Expands in ChinaOctober 27, 2015
Castrol has begun an expansion of its lubricant blending plant in the Eastern China port city of Taicang.
SK Profit Up, Sales DownOctober 27, 2015
SK Lubricants' third quarter sales dropped 5 percent year over year, but its operating profit rose 13 percent as weaker crude oil prices yielded better base oil margins.
Hazmat Grace Period Ends in South KoreaOctober 27, 2015
South Koreas grace period for companies that failed to perform a mandated assessment of chemicals they supply will expire Nov. 21.
Briefly NotedOctober 27, 2015
Four Asian companies were among the worlds 10 largest lubricant suppliers in 2014, according to Fuchs Petrolubs Apu Gosalia, who told the ICIS Middle East Base Oils and Lubricants Conference in Dubai that PetroChina, Sinopec, Idemitsu Kosan and Petronas ranked sixth, seventh, eighth and 10th, respectively. Indian Oil Corp. and Tata Motors jointly launched a range of co-branded Servo engine oils for Tata commercial vehicles.