Volume 7 Issue 47
Singapore to Mandate Packaging Cuts
November 20, 2020Singapore’s government has approved rules that will require businesses, including lubricant blenders and importers to reduce the amount of packaging they use and recycle what they continue to use.
Mitsui Completes Additives Plant
November 20, 2020Mitsui Chemicals Inc. announced last week that it has finished building a plant that will make synthetic hydrocarbon fluids that it markets under the Lucant brand name – primarily as viscosity modifiers in lubricants.
Profits Up for Tide Water, GP; Down for MJL
November 20, 2020For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in profits, while MJL Bangladesh Ltd. posted a steep decline.
From Other Editions of Lube Report
November 20, 2020Industry Anticipates Change Under Biden
Briefly Noted
November 20, 2020Indonesia’s PT Pertamina Lubricants aims to penetrate Australia’s lubricants market – especially transportation and mining segments in the Victoria and Western Australia regions – through a memorandum of understanding signed with HLT Australia Pty. Ltd. and Berdi Australia Pty. Ltd. HLT Australia is an Australian importing company, and Berdi Australia is an Indonesian export aggregator company that brings micro, small and medium enterprises’ products to Australia.