Volume 5 Issue 39

SSY Base Oil Shipping Report

The volume of trade around the globe remains disappointingly slow, with none of the main trading areas in the Americas, Asia or Europe faring particularly well at the moment.-by Adrian Brown

Upbeat Outlook for PAO in India

The Indian polyalphaolefin market is expected to grow in the coming years as demand for synthetic base oils increases, driven by environmental mandates as well as consumer trends for better fuel economy and lower cost of ownership, an industry insider said at a conference in Mumbai last month.

Tianhe Faces Potential Delisting

Tianhe Chemicals Group faces potential delisting from the Hong Kong Stock Exchange in 10 months if it does not file overdue earnings reports and meet other regulator requirements, according to a recent filing by the company.

OEMs Eye Genuine Oil to Aid Growth

Original equipment manufacturers in India will continue to launch genuine engine oil products in the market - as Maruti Suzuki and Tata Motors have done - to diversify their portfolio and boost growth, thereby putting pressure on traditional lube suppliers, industry experts said.

From Other Editions of Lube Report

Briefly Noted

Ancon, Peru-based lubricants and greases manufacturerVistonywill construct a new facility in Geelong, Australia. The facility will serve as the companys headquarters for operations in Australia and New Zealand starting early next year. The National Company Law Appellate Tribunal finedHyundai Motor IndiaRs 87 crore (U.S. $12 million) for allegedly enacting unfair business practices regarding discounts for passenger cars.