Volume 2 Issue 44
Tianhe Builds Additive Plants
November 3, 2015Tianhe Chemicals is in the midst of building two lubricant additive factories that it plans to open next year, in Dubai and Singapore.
GTS, Gulf Revenues Rocket, MJL Results Mixed
November 3, 2015Revenue for GTS Chemicals lubricant division spiked 59 percent for the first nine months of 2015, while Bangladeshi MJL reported a 10 percent drop in third quarter earnings. Gulf Oil Lubricants India Ltd. had jumps in both profit and revenue in its second quarter.
Expiration of Dexos1 Licenses Postponed
November 3, 2015General Motors advised last month that it will postpone the expiration of existing Dexos1 engine oil licenses until Dec. 31, 2016 because it is taking longer than expected to approve licenses for the next generation of the specification.
Tongyi Sale Closes
November 3, 2015Shell announced yesterday that it has closed on the sale of its 75 percent stake in Tongyi Lubricants to Carlyle Group and Huos Group.
Foam Control Gets New Tools
November 3, 2015Foam in manufacturing and technical processes can be good or bad. In some cases it is helpful, but in others - such as metalworking - it interferes with efficient operation and must be avoided or at least controlled.