Volume 6 Issue 45
SSY Base Oil Shipping ReportNovember 8, 2019
Certain routes in the United States, Asia and Middle East are showing tangible signs of increased demand, yet there are other routes in those regions that are decidedly flat. Europe has yet to see any real change.-by Adrian Brown
Nicca Adds Fluorine Plant in South KoreaNovember 8, 2019
Nicca Chemical plans to re-enter the lubricant market with the completion of its new fluorine plant in South Korea, increasing its production capacity by 30 percent, the company told Lube Report.
Perstorp Builds Penta Plant in IndiaNovember 8, 2019
Perstorp began construction of a world-scale pentaerythritol production plant in Gujarat, India, in October, to improve its ability to meet demand for the chemical - used in synthetic lubricants, antioxidants and coatings - especially in Asian markets.
Results Down for Hi-Tech, Up for Savita, AparNovember 8, 2019
Pakistans Hi-Tech Lubricants reported a steeper net loss, while Indias Savita Oil and Apar Industries each reported higher net profit for the quarter ending Sept. 30, compared to results in the same period last year.
Tianhe Trading Remains SuspendedNovember 8, 2019
Tianhe Chemicals Groups trading privileges on the Hong Kong Stock Exchange will remain suspended until further notice, the company announced Wednesday, as it awaits a decision on a potential delisting.