Volume 7 Issue 33
China 6 Standard Offers Group III Opening
August 14, 2020China started to implement 6a, the first phase of the China 6 emission standards, on July 1 for light-duty vehicles nationwide. Lube suppliers are formulating compliant products, often using API Group III base oils, which will also be suitable for the latest engine models.
Japanese Lubricant Market Remains Soft
August 14, 2020Japan’s lubricant market remains soft as domestic vehicle sales continue to slow down, according to data released recently by the Ministry of Economy, Trade and Industry.
Profits Up for GS Caltex, Hyundai Shell Base Oil
August 14, 2020Base Oil refiners GS Caltex and Hyundai Shell Base Oil both posted increases in operating profit and drops in sales for the first quarter, compared to results in 2019’s second quarter.
From Other Editions of Lube Report
August 14, 2020Dexos1 Gen 3 Tests Available Sept. 1
Briefly Noted
August 14, 2020Japan’s Eneos Holdings Inc. reported in its financial results on Aug. 12 that its energy segment posted 660,000 kiloliters (594,000 metric tons) in lubricants and specialties sales volume for the first quarter of 2020, down 6 percent from 2019’s first quarter.