Volume 3 Issue 1

Scooter Oils Gain Traction in India

The market for lubricants for two-wheelers in India is undergoing refinement as suppliers launch engine oils formulated specifically for scooters.

Aussie Manufacturing Shows Life

The Australian manufacturing sector is showing some signs of life, and thats good news for the nations industrial lubricant suppliers, which have endured years of deterioration in the sector.

Stock Surge Hinders Tide Water Takeover

The head of Tide Water Oil said last week that a surge in the companys stock price had helped it avoid a hostile takeover by Standard Greases and Specialities.

Briefly Noted

Tianhe Chemicals revised rules for its audit committee. The Hong Kong Stock Exchange requested some modifications as a condition for resuming listing of the companys stock, which was suspended last year for failure to file financial results. Gulf Oil Marine, of Hong Kong, appointed Simon Whitford executive director for Europe and Africa and named Peter Deegan global technical director.