Volume 9 Issue 39
SI Adds Antioxidant Capacity in India
September 30, 2022Additives manufacturer SI Group is expanding production capacity at its Rasal, India, factory for antioxidants used in lubricants and greases, and will use the facility to make its first aminic antioxidants. The expansion will increase capacity by several thousand tons, according to the company.
2-wheeler Lube Growth Forecast for Asia
September 30, 2022Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 2021 – led by India, Indonesia and China – and will experience the highest volumetric growth in such demand out to 2026, consultancy Kline & Co. projected.
Hindustan Lube Sales Fell in 2021-22
September 30, 2022Hindustan Petroleum Corp. Ltd. reported that its lubricant sales declined 12% in fiscal year 2021-2022 as it dealt with constraints that included availability of product supplies pursuant to a planned turnaround at its base oil plant in Mumbai.
Briefly Noted
September 30, 2022Thai Oil Group, which has a base oil business, recently appointed Noppadon Pinsupha director, risk management committee member and acting CEO and president. He succeeds Wirat Uanarumit, who resigned due to retirement effective today.