Volume 3 Issue 40
Inter Lubric Showcases Cutthroat Market
October 4, 2016An industry trade show in southern China last month brought thousands of participants under one roof. Among finished lube marketers in attendance, one theme resonated unanimously: in coming years, Chinas cutthroat market will favor quality brands over impostors more than ever.
Chinese Blender Expands in Tianjin
October 4, 2016Daqing-based Lihon Lubricant received approval from the municipal government of Tianjin to build a 100,000 tons per year blending facility. The 90 million plant is scheduled to open in June 2017 and will target the domestic market.
More Light Vehicles Expected in Asia
October 4, 2016Greater China and Southeast Asia are projected to account for almost 68 percent of global growth in light-duty vehicle populations between this year and 2023, according to analysis by IHS Markit.
Sri Lankas Lube Consumption Grows
October 4, 2016Sri Lankas annual demand for finished lubricants grew 6.8 percent in 2015 to almost 58 million kiloliters, accounting for sales revenue of around 23.5 million Lanka rupees (U.S. $161,000).
Briefly Noted
October 4, 2016Hindustan Petroleum Corp. announced a deal to supply factory and replacement fill engine oils, transmissions fluids, greases and other fluids for passenger cars manufactured by Tata Motors. Honda Motors joint venture in Pakistan, Honda Atlas Cars Pakistan, announced the launch in that market of an API SN 0W-20 engine oil formulated by Idemitsu Lube and contract blended by Total Parco Pakistan.