Volume 5 Issue 29
SSY Base Oil Shipping ReportJuly 20, 2018
There has been a tiny improvement in cargo volumes out of the United States this week, Asian markets are mostly unchanged, and Europe is now starting to slow down.-by Adrian Brown
Lubes Industry Faces New TariffsJuly 20, 2018
The trade war between China and the United States is on, and the lubricants industry is caught up in it, along with many others. Analysts say some companies are affected more than others, and that many are trying to navigate the new seascape in order to minimize financial impacts.
Japan Leads in OEM Genuine Oil ConsumptionJuly 20, 2018
Use of genuine engine oils varies greatly across the Asia-Pacific region, analysts said during a recent industry conference, with operators of Japanese vehicles more likely to use automaker-branded oils.
Indian Oil Sees Lube Growth OpportunityJuly 20, 2018
Indian Oil Corp. Ltd., one of the key players in Indias lubricants market, is upbeat about prospects there, expecting continued growth spurred by demand for automobiles and expanding industrial and construction activity.
From Other Editions of Lube ReportJuly 20, 2018
Briefly NotedJuly 20, 2018
GP Global agreed to manufacture and market Cepsa-branded lubricants in India. The agreement marks Cepsas first venture into manufacturing its lubricants outside of Spain after the company approved GP Globals Mumbai facility. Patrick McCloud will take over as chief executive and managing director of Chevron Lubricants Lanka PLC effective Sept. 1. He will take over for Kishu Gomes, who resigned from the position in May. Lanxess India appointed Neelanjan Banerjee as its country representative and managing director effective Sept. 1. Banerjee will take on the new task while remaining as head of the Advanced Industrial Intermediates business unit.