Volume 6 Issue 15

SSY Base Oil Shipping Report

Adrian Brown is away. His column will reappear in the April 19 edition of Lube Report Asia.

Petronas Plans to Double Group III Supply

Petronas aims to double its supply of API Group III base oils within four years, a top official with its international lubricants arm said recently, specifying that the additional 300,000 tons per year would be all or mostly Group III+.

Tianhes 2018 Profits Plunge

Tianhe Chemicals Group reported steep drops in both revenue and gross profit for its lubricant additives segment in 2018, chalking up the decline to increased foreign competition.

Adnoc Sees Opportunity in India Emissions Regs

Abu Dhabi National Oil Co. plans to start marketing synthetic lubricants in India, claiming the country's move to stricter vehicle emissions standards next year will spur demand for high-performance passenger car engine oils.

From Other Editions of Lube Report

Briefly Noted

CEO Keith Mullin announced his retirement from Hong Kong-based Gulf Oil Marine. David Price will take his place effective May 14. Xiamen, China-basedXiamen Sinolook Oil Co. agreed to distribute base oils for Abu Dhabi National Oil Co., which is based in the United Arab Emirates.Cosco Marine Energy, a Shanghai-based shipping company, agreed to continue an agreement with ExxonMobil Aviation involving lubricant procurement, chartering and spot business.