Volume 7 Issue 2

IMO 2020 Changes Shipping Rules

The International Maritime Organizations IMO 2020 regulation was implemented at the start of the year, heralding big changes in the fuels used by ship operators and the lubricants that protect their engines.

Handi Mulls Hong Kong IPO

Hainan Handi Sunshine Petrochemical Co. is in talks to prepare an initial public stock offering on the Hong Kong Stock Exchange, aiming to raise funds to develop a finished lubricant business, according to a senior manager at the company.

Lube Association Forms in Australia

The newly created Australian Lubricant Association plans to set up processes to verify labels and standardization of lube products sold in Australia, while also providing technical assistance to members and developing training programs.

From Other Editions of Lube Report

Briefly Noted

Japans JXTG Nippon Oil & Energy Corp. established a lubricants sales entity, JX Nippon Oil and Energy Philippines Corp., which began business operations this month in the Philippines. JXTG set up its representative office in Manila in May 2016.