Home March 30, 2018

March 30, 2018

Volume 5 Issue 13

Lubes Adjust to China's Changing Car Market

With Chinas passenger car parc set to continue revving through the next five years, experts at an industry event last month said that diversified routes to market, strong brand reputation and improving formulations are keys for market share growth.

India Plans Used Lube Oil Collection Centers

Indias state-run oil marketing companies plan to set up used lubricating oil centers across the country with an aim of making collection efficient in the burgeoning market.

Tianhe Earnings Dipped

Tianhe Chemicals Group reported yesterday that the gross profit for its lubricant additives segment decreased 7.2 percent in 2017 due to a drop in sales of additive components.

Fuchs Plant Set to Open in 2019

Fuchs Petrolub plans to start operation of its 36 million (U.S. $44.3 million) lubricants blending plant in Wujiang, a Suzhou district in Chinas Jiangsu province, in 2019, the German company said in its 2017 annual report.

Base Oil Reports

purple world americas

Asia Base Oil Price Report

Tight conditions continued to be reported in the Asian base oils market, with a number of plants undergoing turnarounds and others lined up to shut down in coming weeks.-by Gabriela Wheeler
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