Volume 5 Issue 11
SSY Base Oil Shipping ReportMarch 16, 2018
Europe enjoyed a reasonably active week, and the United States is not a bad place for a ship to be seeking employment either. Asian markets, however, are still not fully functioning after the lunar holidays.-by Adrian Brown
Beware Base Oil Hot SpotsMarch 16, 2018
Half of the worlds base oil production units are within hot spots that for various reasons are susceptible to a level of conflict or instability that could cause supply disruptions with global implications similar to those in 2017, an expert warned at an industry event here last month.
Pakistani Base Oil Plant ExpandsMarch 16, 2018
National Refinery Ltd. plans to boost the production capacity of its base oil plant in Pakistan and has contracted a Chinese company to do the work.
India Remains Bright Spot for LubesMarch 16, 2018
The global lubricants industry is passing through a phase of little to no growth, but India remains a bright spot due to its steadily growing demand that offers opportunities despite the markets complexities, industry insiders said at a conference in Mumbai.
From Other Editions of Lube ReportMarch 16, 2018
Briefly NotedMarch 16, 2018
Shells subsidiary in Indonesia, PT Shell Indonesia, agreed to supply lubricants to PT Euroasiatic Jaya, distributor in the country of GE Jenbachergas engines. Shell will supply engine oils used in Type 4 and Type 6 Jenbacher engines.Italmatch Chemicals acquired Chinese phosphonates producer Jiayou Chemical from Ecolab Inc. last week. The companys phosphates are used as corrosion inhibitors in lubricants and water treatment.