Volume 7 Issue 52

After Mergers, Japan Market Diversifies

Japanese industry has a reputation for being dominated by large domestic companies, but in the past few years, shares of the nation’s lubricant market have been shifting to foreign and medium-sized suppliers.

Chemical Supplier Buying Control of Kangtai

Rianlon Corp., a Tianjin, China-based chemical company, will buy over 90% of the shares in Kangtai Lubricant Additives Co., a major Chinese lubricant additives supplier based in Jinzhou, Liaoning province.

2020: Busy Beyond Pandemic

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of other significant happenings, from a healthy list of capital projects to preparations for new environmental regulations.

From Other Editions of Lube Report

More Imports Forecast for Brazil

EPA Criticized for Marine Lubrication Proposal

Galp Refinery Closing in 2021

Briefly Noted

Japanese lubricants manufacturer Idemitsu announced its partnership with Indian Kawasaki Motors to manufacture its indigenously researched and tested Kawasaki Genuine Oil for all Kawasaki motorcycles in India.