Volume 6 Issue 27
July looks to be a promising month for the U.S. Gulf, and the over-supply of ships has eased a little in Europe, but trade remains very flat in the Asian markets.-by Adrian Brown
Diesel engine oils of obsolete API CF-4 service category and below still dominate Asias major commercial vehicle markets - China, India and Indonesia - a Lubrizol marketing official said at the ICIS Base Oils & Lubricants conference in Singapore last week.
Japans domestic lubricant sales volumes fell by more than 10 percent in 2018, but exports increased by 30 percent, according to data released recently by the countrys Ministry of Economy, Trade and Industry.
Balmer Lawrie & Co. opened a new industrial packaging plant that manufactures steel drums last month in Vadodara, in the Indian state of Gujarat, to serve a growing market for 210-liter mild steel drums in the countrys western region. Customer segments for its drums include lubricants, transformer oil and additives.