Volume 6 Issue 2

SSY Base Oil Shipping Report

The first week of 2019 has been unexceptional in terms of new business, but allowances must be made for the remnants of the holiday season. Competitive freights can be secured in all regions for prompt loading, at least until cargo volumes pick up over the next week or two.-by Adrian Brown

Flat China Automobile Sales Expected in 2019

Chinas automaker association forecasted flat vehicle sales for 2019, an outcome that would be expected to hamper motor oil sales.

Upgrade of Cilacap Refinery Delayed

An upgrade of Indonesias base-oil-producing Cilacap refinery has been delayed due to ongoing negotiations for the formation of a joint venture between Pertamina and Saudi Aramco.

Korean Biocides Acts Impact on Lubes Unclear

South Korea's new Act on Safety Control of Consumer Chemical Products and Biocides regulation took effect Jan. 1. Industry sources disagree about whether it sets requirements for lubricants containing biocidal ingredients.

From Other Editions of Lube Report

Briefly Noted

Easa Saleh Al Gurg Group will distribute lubricants in the United Arab Emirates for Malaysia’s Petronas Lubricants Internationalunder an agreement announced Jan. 6. Chinese law enforcement authorities uncovered and seized more than 3 million (U.S. $442,000) worth of counterfeit Kluber Lubrication-branded products and packages in the Guangdong province.