Volume 4 Issue 41

CNPC Aims Big in Additives

CNPC has begun supplying a variety of lubricants-related products, including lube additives, in a bid to gain new clients and fight for market share.

Regional Players Lead Commercial Segment

Foreign companies supply the largest portion of consumer lubricants in China, and domestic oil majors hold sway over the industrial segment. Yet independent domestic companies collectively hold the largest slice of the commercial segment.

KLK Expands Esters Capacity

Malaysias KLK Oleo Sdn increased its ester production capacity by 40 percent with the completion of a new plant in Klang, Malaysia.

Singaporean Oil Broker to Blend in Oman

Trescorp Alliance Pte., a Singaporean trader of oil and petroleum products, plans to establish a lubricant park in Sohar Port, Oman, a company official told Lube Report Asia last week.

Briefly Noted

Aviall Services Inc. has been selected to distribute ExxonMobil aviation lubricants in Australia and New Zealand. Seven Islands Shipping Ltd. filed for a Rs 450 crore initial public offering on the Securities and Exchange Board of India. The Mumbai-based logistics firm trades petroleum products including white oils and lubricants.