Volume 3 Issue 14
Savita to Centralize in Silvassa
April 5, 2016Savita Oil will soon complete a consolidation project that moves all of its lubricant manufacturing and storage operations to one facility in Silvassa, India, where it will double existing production capacity.
Petron Gaining Ground in Malaysia
April 5, 2016Filipino oil giant Petron said its lubes sales in Malaysia grew by double digits last year thanks to marketing at its service stations and increased brand recognition, which it hopes to continue developing as it expands more this year.
Sinopec to Make Grease for High-tech Applications
April 5, 2016Sinopec said it will start developing lubes and greases for use in high-tech industries such as robotics, high-speed railways, and wind power generation.
Pertamina, Garuda Run Joint Promo
April 5, 2016Indonesias state-owned Pertamina Lubricants said it hopes its cross-promotional campaign with national airline Garuda Indonesia will result in greater awareness of its lube brands.
Briefly Noted
April 5, 2016After passing Europe in 2013 to become the largest regional consumer of marine lubricants, Asia-Pacific is forecast to see its demand grow at a cumulative annual rate of 4.1 percent through 2020, compared to a global rate of 2.5 percent, according to Transparency Market Research. Dutch speciality chemicals and lubricants supplierIMCD N.V.opened an office in Tokyo, Japan, and named Shunsaku Kubo managing director of IMCD Japan.