Volume 6 Issue 35
SSY Base Oil Shipping Report
August 30, 2019There has been a bit more movement in all regions this week. Rates are however generally flat owing to the large amount of vessel space that still must be covered through the first half of September.-by Adrian Brown
Chinese Lube Brands Grow in Number
August 30, 2019China is likely to churn out more lubricant brands before potential consolidation of the industry, even amid a lack of growth, said experts at an event held in Xi'an, China, earlier this month.
Sri Lanka Demand Shrank in 2018
August 30, 2019Lubricant demand volumes in Sri Lanka shrank 0.3 percent in 2018, while the sales value of those products rose 3.1 percent, according to a market report released recently by the industrys regulator, the Public Utilities Commission of Sri Lanka.
Barriers Impede EV Uptake in India
August 30, 2019Amid worries over pollution and climate change, India is trying to speed the uptake of electric vehicles, but penetration of those vehicles is still lagging due to various challenges, an expert told an industry conference in Mumbai, India, last month.
From Other Editions of Lube Report
August 30, 2019Briefly Noted
August 30, 2019PetroChina reported Thursday that its lubricant sales declined 15.5 percent during the first half of 2019, compared to the same period of 2018. The government-owned energy company, one of the largest lube suppliers in China, did not disclose the amount of those sales.