Home June 28, 2016

June 28, 2016

Volume 3 Issue 26

Sinopec Upgrades Maoming Plant

The base oil plant at Sinopecs refinery in Maoming, China, has completed an expansion and upgrade that gives it capacity of 400,000 metric tons per year, including 300,000 t/y of API Group III. The oil and gas giant called it the first plant to make Group III using Chinese wax isomerization technology.

Asia Dominated 2015 Grease Production

More than half of all grease produced during 2015 was made in the Asia-Pacific region, according to the National Lubricating Grease Institutes Grease Production Survey Report, which was released last week.

Chinese Exports Lag Despite Rule Relaxation

Exports of Chinese lubricants have yet to take off, despite a relaxation of rules earlier this year. Suppliers cite a variety of reasons for choosing to remain focused on the domestic market.

Hascol Builds Blend Plant

Hascol Petroleum, which claims to be one of the fastest-growing oil products suppliers in Pakistan, plans to open a lube and grease blending plant in Karachi. The company is the exclusive distributor in Pakistan for Fuchs Petrolub SE, of Germany.

Malaysia Delays B10 Implementation

Amid concerns about biodiesel compatibility with motor vehicle engines in Malaysia, the countrys Ministry of Plantation Industries and Commodities agreed to phase in implementation of its B10 biodiesel program and to consult further with automakers, the ministry said in a June 20 statement.

Briefly Noted

P&S Market Research found that in 2015,the Asia-Pacific region - and China and India, in particular - held 41 percent of the $567 million global pour point depressant market, and the regions demand will expand at a compound annual growth rate of 3.8 percent through 2022.Shell Lubricants India named former chief marketing officer Mansi Madan Tripathy managing director effective Aug. 1 following Nitin Prasads promotion to chairman of Shell in India.

Base Oil Reports

purple world americas

Asia Base Oil Price Report

It appeared to be a transitional week in the Asian base oils market, with developments partly thwarted by concerns over the results of the Brexit referendum, the start of summer holidays, and the Ramadan observance in several countries. - by Gabriela Wheeler

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