Volume 5 Issue 31

SSY Base Oil Shipping Report

It may be summer, but a tiny improvement in demand has been registered in the markets in the United States and Asia, and even the European domestic market this week.-by Adrian Brown

Idemitsu to Add New Lube Plant in Indonesia

Japan's Idemitsu Kosan will set up a new lubricant plant next year in western Java, Indonesia, the company said.

Slow Auto Sales Curb Vietnams Lube Growth

Vietnams declining automotive sales may hinder lubricant market growth. To stay competitive, patience to develop a reliable lubricant distribution network is key, said an official from Vilube in Singapore.

Earnings Wrap-up: Castrol India, Balmer Lawrie

Castrol India reported double digit profit growth, and first quarter operating profit for Balmer Lawrie jumped, each for the quarter ending June 30.

Publishers Note: Lubricants Industry Factbook

Editors at Lube Reports sister publication, LubesnGreases magazine, have just capped off a decade of producing our yearly Lubricants Industry Factbook. The 10th edition of this valuable guide is packed with eye-opening information about lubricant industry trends, statistics and standards.

From Other Editions of Lube Report

Briefly Noted

Connell Bros. began marketing and distributing Songwons lubricant and fuel additives throughout China this month, having already been the companys exclusive distributor in India. Malaysian Prime Minister Mahathir Bin Mohamad named Datuk Ahmad Nizam Salleh as the new chairman of the state-owned oil and gas company Petroliam Nasional Bhd on Aug. 2. Ahmad Nizam has held various positions at the company since 1981.