Volume 6 Issue 19
SSY Base Oil Shipping Report
May 10, 2019U.S. markets have sped up a little. European coastal markets are reasonably active, whereas deep-sea routes are slow. In contrast, Asian coastal markets are sluggish, but busy on long-haul.-by Adrian Brown
Nulon Deal Was Departure for Fuchs
May 10, 2019The takeover of Australian retail automotive brand Nulon by Fuchs Petrolub SE signals more than just a consolidation among Australian lubricant blenders; its a rare step by Fuchs into a retail market.
India Two-Wheeler Lube Outlook Called Positive
May 10, 2019Indias demand for two-wheeler lubricants should remain strong in coming years even as electric models begin to penetrate the market, a motorcycle manufacturer representative told a recent industry conference, thanks to the enormous number of units powered by internal combustion engine.
Moresco Opens Plant in India
May 10, 2019Japans specialty lubricant manufacturer Moresco Corp. will begin operations at its new lubricant plant in India in June in an effort to expand its overseas market share amid a slowdown in the global economy.
From Other Editions of Lube Report
May 10, 2019Briefly Noted
May 10, 2019Beijing-basedJingdongandFlowServe Lubricantsentered into an agreement to jointly develop Jingdong’s Jing’an brand of lubricants.