August 2, 2016
Volume 3 Issue 31
Indonesia'sPertamina Lubricants, after acquiring Thai lubricant blenderAmaco Production Co.in December 2014, last week officially incorporated the entity asPertamina Lubricant Thailand Ltd.at an event in Bangkok. Increased construction spending and growing automotive industries in Indonesia, India and China are driving regional growth of the alpha olefins market, which is expanding at a compound annual growth rate of 5.8 percent in the next six years in Asia, the fastest-growing market worldwide, Grand View Researchreported. Pakistans Oil and Gas Regulatory Authority approved the registration of Hi-Tech Lubricants Lahore blending plant for commercial production through July 21, 2017.