Volume 7 Issue 44
Goodyear Enters India Lube Market
October 28, 2020Goodyear announced Wednesday that it reached an agreement for an India-based company to manufacture and market automotive lubricants in the country under the tire giant’s brand name.
Earnings Rise for S-Oil, Dip for SK
October 28, 2020S-Oil reported a strong increase in operating income for its base oil business, while SK Lubricants posted lower operating profit, for the quarter ending Sept. 30.
Hin Leong on Sales Block
October 28, 2020Troubled oil trader and lubricants producer Hin Leong Trading Pte. has apparently been put up for sale, based on notices placed in local media earlier this month.
From Other Editions of Lube Report
October 28, 2020API Ballots Contentious Definition
Briefly Noted
October 28, 2020Thai Oil Group announced that Wanida Boonpiraks will succeed Pattaralada Sa-Ngasang in the position of chief financial officer as of Jan. 1, 2021. The state-owned company operates a base oil plant with 5,100 barrels per day of API Group I production capacity in Si Racha, Thailand.