Volume 5 Issue 6

Asia Expected to Use SN Plus

North America may be the home of API, but the organizations next engine oil category, API SN Plus, should also spread to other regions, according to industry insiders. Officials from two lubricant additive companies told Lube Report it only makes sense since small displacement, direct injected and turbocharged engines are also common in Asia-Pacific.

Taiwans CPC Breaks Ground in Vietnam

Taiwanese state-owned petroleum company CPC Corp. began construction of an automotive lubricant blending plant in southern Vietnam this month after a delay of more than a year, the company confirmed.

Asias Bright Stock Demand Dimming

Asia-Pacific accounts for nearly half of demand, but consumption in the region is expected to decrease in line with global trends, Kline & Co. consultants said in a recent webinar.

Profits Up for Gulf, Savita; Down for Chevron Lanka

Gulf Oil Lubricants India and Savita Oil Technologies posted increased profits and revenues for the quarter ending Dec. 31 of last year, while Chevron Lubricants Lanka reported decreased operating profit and revenue for the quarter and full year.

From Other Editions of Lube Report

Briefly Noted

Switzerland-based lubricants manufacturer Motorex Australia announced a partnership with Husqvarna Motorcycles Australia, an Austria-based motorcycle manufacturer, becoming Motorex Husqvarnas exclusive first-fill supplier. Husqvarna will also recommend the use of Motorex products from the lubricant manufacturers Motoline product line for servicing purposes. BP Castrol and Renault Sport Racing will collaborate on developing advanced mobility solutions and new technologies as an extension of their already established supply relationship. Through this deal, BP will now work with the Renault-Nissan-Mitsubishi Alliance.