Volume 6 Issue 9

SSY Base Oil Shipping Report

Demand for vessel space in the primary hubs of the United States Gulf, Europe and Asia can be described as steady, but falls short of the levels of business that are usually associated with the end of February.-by Adrian Brown

Shandong to Phase Out Older Trucks

Shandong province aims by 2020 to replace all local diesel vehicles that don't comply with emissions standards newer than China 3 - which was adopted in 2005 - according to a policy issued Feb. 9.

Vietnamese Lube Spec Unlikely to Impact Quality

Vietnams implementation of a mandatory national lubricant standard last December may reduce the availability of low quality recycled lubricants, but overall lubricant quality in the market is expected to remain unchanged, industry insiders told Lube Report.

Profits Down for Chevron Lanka

Chevron Lubricants Lanka PLC reported a 51 percent drop in profit year over year to 267.1 million Sri Lankan rupees (U.S. $1.5 million) in its fourth quarter, and a 22 percent decline in full-year profit to just under Rs 2 billion.

From Other Editions of Lube Report

Briefly Noted

Quaker Chemical Corp. opened its metalworking fluids and rolling oils manufacturing facility in Dahej, India, on Feb. 28. Sinopec‘s Great Wall Lubricants will provide Guangzhou taxis and public transport with lubricants, including engine oil and transmission oil, under a one-year contract.