Volume 6 Issue 13
SSY Base Oil Shipping ReportMarch 29, 2019
The United States market is on stand-by mode during the American Fuel and Petrochemical Manufacturers International Petrochemical Conference in San Antonio, Texas. In Europe, there have been many more freight inquiries, and Asia too saw a small upwards shift in demand.-by Adrian Brown
Vehicle Sales, Lube Quality Rise in ASEANMarch 29, 2019
As automobile sales continue to grow among Southeast Asia countries, synthetic lubricants formulated with polyalphaolefin and other higher quality base stocks are expected to increase their market share, an analyst at Frost & Sullivan told Lube Report.
Three Firms Fined Over Tianhe IPOMarch 29, 2019
Hong Kongs Securities and Futures Commission fined UBS, Morgan Stanley and Merrill Lynch this month for inadequate due diligence in the 2014 initial public offering of Tianhe Chemicals Group Ltd.
In China, Demand Weakens, Channels ShiftMarch 29, 2019
At a trade show in Beijing, China, for automotive aftermarket products, lubricant companies and industry analysts discussed how to survive declining oil consumption and shifting distribution channels.
From Other Editions of Lube ReportMarch 29, 2019
Briefly NotedMarch 29, 2019
Pilipinas Shell will supply Autokid Truck Solutions with a range of lubricants after the two companies signed an agreement last week. Pertamina will open 10,000 new Pertashop retail fuel stations, which supply Pertamina lubricants products, in Indonesia.