Volume 4 Issue 48

SK Considers IPO Again

SK Innovation is once again mulling a public stock offering for its lubricants subsidiary, SK Lubricants, the company said in a regulatory filing last week.

India Advances BS-VI Fuel Norms for Delhi

India will introduce stricter vehicle emissions standards in the Delhi metro area in April 2018 instead of in 2020.

Mitsui Eyes Expansion

Japans Mitsui Chemicals Inc. plans to expand capacity for its Lucant-branded polymer lubricant additives, the company told Lube Report Asia recently.

SK Sets Bold Goals in China

SK Lubricants is aiming to strengthen its presence in China through a business alliance with global tire giant Michelin and a network of branded auto workshops.

Briefly Noted

Total Australia was awarded a three-year contract to supply lubricants to mining giant Thiess Pty Ltd.throughout Australia, Indonesia, Mongolia, Chile and Canada.ExxonMobil Chemical Co. appointed Seoul-based BLS Syn Inc. the sole distributor of its API Group IV and Group V synthetic base stocks portfolio in Korea. Chevron Lubricants Lanka Plc will partner withUnited Tractor & Equipment Pvt. (UTE)to sell the United States’ Donaldson brand of filtration parts and systems through its retail network.