Volume 8 Issue 20
Royal Dutch Shell has accelerated its timeline for reducing the crude oil throughput capacity of its refinery on Singapore’s Pulau Bukom island. That reduction – which the company has said would cause the closing of the refinery’s base oil plant – is now due to be completed in July.
South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oil business, all recorded much higher profits for the quarter ending March 31, compared to the same period in 2020.
Greases can offer advantages over gear oils in helping to prevent wear of precision reducers – known as RV reducers or robot joints – an official from a Chinese lubricant supplier said during an online conference last month.