Home December 20, 2019

December 20, 2019

Volume 6 Issue 51

ExxonMobil Mulls Lube Plant in India

The worlds second-largest lubricant supplier is considering building a blending plant in the worlds third-largest market, according to an executive in the industry.

Banerjee: Growth, Technical Challenges Ahead

Balmer Lawrie & Co.s Sreejit Banerjee sees opportunity for volume growth for Indias lubricant suppliers but challenges, too, due to regulations and rising performance demands.

Wind Turbine Growth Continues in China

China is a key driver of increasing installed wind turbine capacity, which is expected to help boost demand for wind energy lubricants, an industry insider said at a conference in Singapore last month.

Briefly Noted

Pertamina Lubricants began construction of its lubricants technology center in Jakarta, Indonesia.

Base Oil Reports

purple world americas

Asia Base Oil Price Report

As the year comes to an end, oversupply and soft demand continued to afflict the base oils market in Asia. While these fundamentals exerted downward pressure on pricing, spot indications remained fairly stable, partly due to efforts by suppliers to hold on to current indications and partially because of climbing crude oil prices.-by Gabriela Wheeler
click me