Volume 5 Issue 40

SSY Base Oil Shipping Report

Markets all over the world are rather dreary. Asias excuse is the mid-autumn festival in China and other local holidays, but Europe and the United States have no such pretext.-by Adrian Brown

Indonesia Announces Lube Standard

Lubricants sold in Indonesia will be required to comply with a new national standard beginning Sept. 11, 2019, according to a regulation published last month by the countrys Ministry of Industry.

Hydrodec Pulls Plug on Australia

Hydrodec Group plans to exit Australia, birthplace of the technology that it uses to rerefine used electrical transformer fluids.

Hi-Tech Annual Profit Rises Marginally

Pakistans Hi-Tech Lubricants Ltd. reported a marginal increase in its annual profit as the impact of higher sales was offset by a surge in expenses, finance costs and taxes.

From Other Editions of Lube Report

Briefly Noted

Shell Lubricants India renewed a partnership with BMW to remain the automakers only recommended supplier for aftermarket engine oils in India until 2022. Pakistan Federal Minister for Railways Sheikh Rasheed Ahmed announced 15 Pakistani engine oil depots will be audited in an effort to save expenses as the country expands its rail network.