Volume 7 Issue 48
Sinopec, University Partner on Research Center
November 27, 2020Sinopec lube business arm Great Wall and Tsinghua University’s Tianjin Research Institute for Advanced Equipment formed a joint research center in Tianjin to develop lubricant formulations.
Sri Lanka’s First Grease Plant Almost Built
November 27, 2020Lanka IOC said recently that it expects to complete construction of Sri Lanka’s first grease plant by the end of this year and that the 3,000 metric tons per year facility will be big enough to supply all of the country’s demand.
Profits Up for GS Caltex, Thai Oil
November 27, 2020South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.
From Other Editions of Lube Report
November 27, 2020Brazil Base Oil Output Recovering
Briefly Noted
November 27, 2020According to the China Association of Automobile Manufacturers, vehicle sales from January to October – compared with the same period in 2019 – were up 13% in East China at 109,000, up 4% in North China at 35,000, down 6% in Central and South China at 56,800, down 10% in Southwest China at 31,000, down 13% in Northwest China at 16,300 and down 33% in Northeast China at 10,700.