Volume 7 Issue 42
BASF Expands Esters Plant in China
October 16, 2020BASF said Monday that it will almost double synthetic ester base stocks production capacity at its Jinshan, China, site in response to rising demand for high-performance lubricants that address sustainability trends in the Asia-Pacific region.
Indian Oil Plans Gujarat Base Oil Plant
October 16, 2020Indian Oil Corp. Ltd. plans to construct a 235,000 metric ton per year base oil plant at its Gujarat, India, refinery as part of a petrochemical and lube integration project.
SK Makes Group III from Plastics
October 16, 2020SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted from waste plastics. The announcement marks another step in industry efforts to recycle plastics into value-added products.
From Other Editions of Lube Report
October 16, 2020Equity Firm Buys Warren Distribution
Briefly Noted
October 16, 2020The Asean Automotive Federation reported that automotive sales in the Association of Southeast Asian Nations declined to 207,411 in August, down 27% from a year earlier, and to 1.4 million year-to-date through August, down 38% from the same period of 2019. Sales of motorcycles and scooters fell to 305,470 in August, an 8% decline, and to 2 million year-to-date through August, a 26% decrease.