Volume 2 Issue 9
Two Light Grades Added to J300
March 3, 2015SAE International has stretched the lower boundaries of engine oil viscosity categories, adding two new grades - SAE 8 and SAE 12 - to SAE J300, the Engine Oil Viscosity Grade Classification System.
Sea Oil Ventures into E&P
March 3, 2015Thai marine fuels and lubes supplier Sea Oil PCL bought a 50 percent stake last month in the local subsidiary of a Canadian oil exploration business.
Profits Up for Moresco, China Rerun
March 3, 2015Moresco Corp. and China Rerun Chemical Group reported gains in profits - Moresco for its third quarter, Rerun for its 2014 fiscal year. Castrol India saw its profits dip in 2014, despite an increase in sales revenue.
Tianhe Develops Chinese R&D Center
March 3, 2015Tianhe Chemicals recently opened a 6,000 square meter additives research and development facility in Jinzhou, China.
Toyo Drilube Expands in Indochina
March 3, 2015Japans Toyo Drilube will expand its facility in Vietnam in April and consolidate its two facilities in Thailand by June 2016, the company told Lube Report Asia.
Correction
March 3, 2015An article in last weeks issue incorrectly described the scheduled timeframe for the opening of a new research and development center in Bengaluru. It is due to open during the second quarter. The same article misidentified the location of a lubricant additive blending plant that Tianhe Chemicals plans to open this year. That plant will be located in Dubai, United Arab Emirates.