Volume 7 Issue 13
India Copes with Coronavirus
March 26, 2020Castrol India and Gulf Oil Lubricants India each temporarily closed its lubricant plants as the government tries to stop the spread of the deadly coronavirus in the world’s third-largest lubricant market.
Stock Exchange Hears Tianhe Appeal
March 26, 2020Tianhe Chemicals Group is scheduled to appear before a Hong Kong Stock Exchange disciplinary board today to appeal its delisting after the company’s prolonged suspension for failing to meet exchange requirements.
Valvoline Restarts China Plant Project
March 26, 2020Valvoline Inc. has resumed construction of a lubricants plant in Zhangjiang, China, after suspending the project in February amidst the country’s coronavirus outbreak.
Briefly Noted
March 26, 2020China-based Lubricant manufacturer Jiangsu Lopal Tech Co. announced it loaded and shipped products including diesel engine oil, gear oil and grease to Karachi, Pakistan, on March 19 as a step in its internationalization strategy.