Volume 9 Issue 14
Eneos to Make Lubes with Biobased Base Oils
April 8, 2022Japan’s Eneos Corp. plans to produce biobased lubricants and greases made with its proprietary base oils derived from vegetables by 2023, the company announced yesterday.
Eastern Lubricants’ Earnings Fall
April 8, 2022Bangladesh’s Eastern Lubricants Blenders Ltd. reported steep drops in profit and revenue for the quarter ending Dec. 31 last year, which is the second quarter of its fiscal year 2021-2022.
Renewables to Drive China’s Carbon Reduction
April 8, 2022An increase in renewable power in China to support the country’s strong growth in electrification is expected to be key to decarbonizing the country’s energy system, according to BP’s 2022 Energy Outlook.
From Other Editions of Lube Report
April 8, 2022U.S. Base Oil Production Declines
Briefly Noted
April 8, 2022In the first quarter, 9.3 million vehicles were newly registered in China, including 6.6 million automobiles and 2.7 million motorcycles, according to statistics released by the country’s Ministry of Public Security.