Volume 7 Issue 24

Tianhe Delisted from Stock Exchange

Tianhe Chemicals Group’s listing on the Hong Kong Stock Exchange was cancelled Thursday after a review panel late last month upheld a previous decision to boot the company for failing to meet its requirements.

Sakhalin Keen on Natural Gas Transit

Russia’s Sakhalin region is preparing to convert much of its vehicle parc to run on compressed natural gas, a zero-emission alternative fuel, an industry event heard recently. Engines powered by natural gas or liquid propane require specially formulated engine oils.

Japan’s Vehicle Sales Down in May

Registrations of new passenger cars, trucks and buses fell 45 percent in May, compared to a year earlier, according to data released June 6 by the Japan Automobile Manufacturers Association.

From Other Editions of Lube Report

Slow Recovery Forecast for U.S.

Lube Demand Drops in Brazil

Ukraine Duty Draws Criticism

Briefly Noted

Shell Lubricants partnered with Pitstop, a Bengaluru, India-based start-up, to enable zero-contact doorstep servicing of vehicles for consumers. The initiative consists of 500 operational vans and will generate employment for mechanics across 20 cities, including Delhi-NCR, Bangalore, Mumbai, Pune and Hyderabad. Michael Chong joined Emery Oleochemicals‘ bio-lubricants commercial team as a regional sales manager, based in Telok Panglima Garang, Malaysia.