Chinas Ministry of Commerce granted GTS Chemical Holdingsa license to sell lubricants internationally, and the Chinese lubes manufacturer will export U.S. $180,000 worth of industrial lubricants and engine oils to Tanzania in March. Asia-Pacific was the largest metalworking fluids market in 2015 with over 40 percent of worldwide demand according to a recent study from United States-basedGrand View Research Inc.The region is expected to expand at a 4.4 percent compound annual growth rate to 2022.