Volume 3 Issue 16
ExxonMobil Doubles Capacity in TaicangApril 19, 2016
ExxonMobil announced last week the completion of an expansion at its lubricants blending facility in Taicang, China, a response to long-term growth that the company foresees in the countrys lubricant market. http://lngpublishing.admin.iproduction.com/Images/list_options_properties_bg.gif
Fuchs Expands in AustraliaApril 19, 2016
Fuchs Petrolub AG has announced it is expanding two production facilities in Australia, bucking the trend of rival lube and grease makers to move offshore. The company's Australian subsidiary is expanding its grease plant in Melbourne and will construct a blending plant Beresfield to replace an existing facility in nearby Wickham.
Gulfs Chennai Project Moving ForwardApril 19, 2016
Gulf Oil Lubricants India Ltd.s plan to build a blending plant at Chennai, India, is moving ahead once again and is on track to open by late 2017, company officials have said.
Bangladesh, Sri Lanka, Nepal Hailed for GrowthApril 19, 2016
Indias lubricant market attracts much attention because of trends for size and quality. But several of its neighbors - Bangladesh, Sri Lanka and Nepal - are also growing at attractive rates, an industry insider told a conference here this month.
Briefly NotedApril 19, 2016
Petronas Lubricants InternationalCEO Giuseppe D’Arrigo said the Malaysian company might conduct an initial public stock offering in the future, though it has no immediate plans, news outlets reported. Within the past year, Shell Marine Products added 70 ports in 14 countries to the network of sites where it offers marine lubricants. In Asia that included ports in Japan, Taiwan, India and South Korea.