ExxonMobil is upgrading its lubricant blending plant in Tianjin, China, in response to projected long-term demand growth from Chinese customers, the company confirmed to Lube Report. The plant, which started operating in 1997, underwent a major expansion in 2014.

BASF announced on Tuesday it will invest an undisclosed amount to build a neopentyl glycol plant with 80,000 metric tons per year capacity at its new petrochemical complex in Zhangjiang, China – its third such plant there.

The October issue of Lubes’n’Greases magazine features a special report on additives. One article discusses potential threats that the European Union Green Deal poses to the chemicals and lubricants industries, while the second examines evolving needs in lubes for anti-oxidant performance.

Moresco Corp. reported an 11% increase in sales revenue for its specialty lubricants segment and a 4% decline in sales for its synthetic lubricants segment for the six-month period ended Aug. 31. Specialty products experiencing demand recovery in Japan included pump oils, hydraulic fluids and cutting fluids