Volume 6 Issue 40
SSY Base Oil Shipping Report
October 4, 2019The U.S. Gulf has been slightly busier, which has eliminated a large part of the additional space. European markets have been chugging along reasonably satisfactorily. Asia looks quieter because of all the public holidays.-by Adrian Brown
Repsol, United Global Form JV
October 4, 2019Spains Repsol will begin blending lubricants in Southeast Asia through a joint venture with United Global Ltd., after acquiring a 40 percent stake in its Singapore-based lubricant manufacturer United Oil Co., the companies announced on Sept. 30.
Another India Base Oil Refiner to Upgrade
October 4, 2019Bharat Petroleum Corp. Ltd. has contracted Chevron Lummus Global to provide technology that will be used to add API Group II or III capacity to its base oil plant in Mumbai.
Association to Tackle Green Standard
October 4, 2019The Shanghai Lubricant Trade Association is organizing a new committee whose first priority will be to set up standards for so-called environmentally friendly lubes.
From Other Editions of Lube Report
October 4, 2019Briefly Noted
October 4, 2019Indonesian lubricant blender PT Federal Karyatama, acquired by ExxonMobil in 2018, will manufacture Mobil-brand lubricants beginning next year. Mexican company Global Nano Additives opened commercial offices in China to begin operations in the Chinese industrial lubricants market.