Volume 3 Issue 13
Study: Korean Genuine Oils Worse, Costlier
March 29, 2016A study found that genuine passenger car engine oils in Korea tested more poorly than products branded by oil marketers, even though the genuine oils cost up to 30 percent more.
Marketers Phasing Out Energy Conserving
March 29, 2016Engine oil marketers in the Asia-Pacific region are making changes to inventories in response to the American Petroleum Institutes decision to cease licensing API SL and SM gasoline engine oil categories with its Energy Conserving designation.
Gulf Hitches Brand to Manchester United
March 29, 2016Most marketers would agree its not easy to expose a lubricants brand to 4.7 billion people, but Gulf Oil says it can potentially accomplish that by sponsoring the worlds most popular sports team, Manchester United.
Tianhe Reports Increased Additive Sales
March 29, 2016Tianhe Chemicals Groups lubricant additive business posted a slight increase in revenue in 2015, the company reported last week. It also advised that it will miss a deadline for filing audited financial results as well as its annual report.
Briefly Noted
March 29, 2016The Malaysian Investment Development Authoritys deputy CEO encouraged manufacturers at a conference last week to invest more in the development of biolubricants and ethoxylates. Infineum International Ltd. – which has lubricant additive production units in China and Singapore – appointed Trevor Russell as its new CEO effective July 1.