Volume 5 Issue 47
SSY Base Oil Shipping ReportNovember 23, 2018
The gradual tightening of space out of the United States continues this week, and Europe looks a little busier too. Asia, however, is slower in parts, and the customary year-end build-up is missing.-by Adrian Brown
Petronas to Begin Production at Indian PlantNovember 23, 2018
Malaysias Petronas Lubricants International will begin production at its lubricant blending plant in India by the end of this year, the company told Lube Report.
China's Naphthenic Supply GrowsNovember 23, 2018
China is projected to be the second-largest producer of naphthenic oils this year with 35 percent of global naphthenic oil production, and market growth is expected to continue, an industry insider said last week at the first ICIS Asian Industrial Lubricants Conference in Singapore.
Net Profit Down for Gulf Oil IndiaNovember 23, 2018
Gulf Oil Lubricants India Ltd. reported a decline in net profit for its second quarter ending Sept. 30, compared to the same period a year earlier.
From Other Editions of Lube ReportNovember 23, 2018
Briefly NotedNovember 23, 2018
ExxonMobil and China Merchants Group signed a cooperation agreement through which the former will supply a range of marine lubricant products and services. China National Petroleums Kunlun Lubricant brand will be renamed Kunlun Lubrication, as the brand expands to become an integrated solutions provider in addition to product manufacturer.