Volume 5 Issue 34
SSY Base Oil Shipping ReportAugust 24, 2018
It has been slow for much of the week in the Americas, especially for base oils. Europe has had an occasional burst of base oil movement, mainly within the Mediterranean, and Asia has been generally dull, with mainly small base oil cargoes and a few movements to India and the Middle East Gulf.-by Adrian Brown
Hyundai Shell Expands Base Oil PlantAugust 24, 2018
Hyundai Shell Base Oil, a joint venture between Hyundai Oilbank and Shell, announced last week that it is completing a 250,000 metric tons per year expansion at its API Group II base oil plant in Daesan, South Korea.
Australians Upbeat About GrowthAugust 24, 2018
Australian lubricant suppliers are unusually buoyant these days, talking about a pick-up in sales and demand in a market thats been in the doldrums for several years.
Solutions, Rather Than Products, Pushed for ChinaAugust 24, 2018
As the quality of lubricants in China continues to rise, competition among suppliers - especially of industrial lubes - is intensifying and pushing companies to offer value-added products or services, industry insiders said at an event last week in Xian, Shaanxi province.
From Other Editions of Lube ReportAugust 24, 2018
Briefly NotedAugust 24, 2018
The Myanmar government will begin quality checks on fuel and lubricating oils imported into the country before they are allowed to be sold starting in September, according to news group Eleven Myanmar. The MyanmaPetroleum Products Enterprise will be in charge of the inspections. SK Lubricants and Spanish soccer team FC Barcelona agreed to a three-year regional partnership deal on Monday. The South Korean company becomes the teams official lubricants partner and may use the teams logo and images of players in promotional material across South Korea, China, Russia, Thailand and Vietnam.