Volume 6 Issue 43

SSY Base Oil Shipping Report

The meteoric rise in clean petroleum freight that occurred last week was not replicated in the chemical shipping market. However, there has been sustained demand in all regions and on some routes freights have moved up, albeit cautiously.-by Adrian Brown

Indonesia Standard Takes Effect

An Indonesian mandate for lubricants to meet the countrys new national SNI standard took effect last month, but some companies may still be waiting for approvals, industry insiders told Lube Report.

Profits Up for Castrol India, Down for Hi-Tech

Castrol India Ltd. reported a substantial increase in profit for the quarter ending Sept. 30, while Pakistans Hi-Tech Lubricants Ltd. posted a steep decline in annual profit for the fiscal year ending June 30.

Sinopec Increases Sales in Australia

Sinopec reported last week that its lubricant sales in Australia were up more than 30 percent through the first nine months of 2019, compared to the same period of 2018.

From Other Editions of Lube Report

Briefly Noted

Amanda Fleming joined Viva Energy Australia this month as chief people and technology officer. The company supplies Shell lubricants and fuels in Australia through a network of more than 1,250 service stations across the country.