Volume 5 Issue 7
SSY Base Oil Shipping ReportFebruary 16, 2018
It feels like the U.S. market is treading water currently, with only a minimal amount of fixing taking place. Europe is performing reasonably well, but Asia is rapidly decelerating just before the New Year.-by Adrian Brown
Cycle Sales Down in Asean, Vehicles UpFebruary 16, 2018
In 2017 sales for passenger vehicles and commercial vehicles among Asean countries increased 5 percent to 3.3 million units, while two-wheel vehicle sales dropped 0.4 percent to 9.5 million, according to statistics released recently by the Asean Automotive Federation.
Profits up in India, PakistanFebruary 16, 2018
Continental Petroleums, Hi-Tech Lubricants, Balmer Lawrie, Tide Water Oil and Castrol India each reported higher profits for the quarter ended Dec. 31, compared to the same period a year earlier.
Japanese Supplier Expands OverseasFebruary 16, 2018
Japanese lube manufacturer Suzuki Kikoh Co. established a joint venture with a local firm in Thailand to expand its industrial lubricant market in Asia, the director of the company told Lube Report.
From Other Editions of Lube ReportFebruary 16, 2018
Briefly NotedFebruary 16, 2018
Seaoil Philippines Inc. launched a branded lubricants servicing center, known as LubeServ, at its Dau, Pampanga, station in the Philippines. Lubeserv offers oil changes and other automotive services, and the company plans to open four more locations this year. Idemitsu Kosan told Lube Report that, contary to reports in December, it does not have plans to build a second lubricants blending plant in Vietnam in the foreseeable future.