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Bio & Synthetics

Indonesia May See Shift to Synthetic PCMOs

As Indonesias automotive parc continues its forecasted path to over a million units this year, observers say that preference will trend toward synthetic passenger car motor oils.

Synthetics Forecast to Lead Asia-Pacifics Lube Growth

Asia-Pacific's synthetic lubricants demand will expand at a compound annual rate of more than 6 percent to 2020, with Japan and South Korea leading the region in market penetration, according to consultancy Kline & Co. Semi-synthetics' CAGR is expected to be nearly 9 percent.

Group III Dominates India Synlubes

Demand for synthetic base stocks in India is growing, but the markets price consciousness means that most of the volume increases in coming years will be for API Group III base stocks, officials from Hindustan Petroleum Corp. Ltd. told an industry conference here last week.

Perstorp Considers Penta Plant in India

Perstorp announced recently that it may build a world-scale pentaerythritol factory in India to better position itself to supply the chemical for lubricants, coatings and other markets in Asia.

Biodegradables Still Marginal in China

Biodegradable base stocks have yet to gain much popularity in China, but a growing number of companies are making investments and positioning their businesses in hopes of future demand.

Green Cars a Boon for Indie Workshops?

As warranties expire on the first waves of Indonesia's low-cost green cars, independent automobile workshops are likely to see significant growth in their oil change business, according to Ipsos Business Consulting.

Synthetic Base Stocks Flow From Asia

Compared to Europe and North America, the Asia-Pacific region does not consume much synthetic base stock, but it produces a growing and broadening volume of them, according to LubesnGreases 2015 Global Nonconventional Base Stock Guide.

Lu’an-Naco Opens CTL PAO Plant

Naco Synthetics and Chinese coal company Luan Group opened a polyalphaolefin plant late last month, a Shanxi province facility that uses coal-to-liquids feedstock.

Malaysian Oleo Firm Buys Germany’s Cremer

Malaysian oleochemicals company IOI Group agreed last week to purchase Germanys Cremer Oleo GmbH for 89.4 million (U.S. $101.3 million).

Malaysia’s Emery Bullish on Biolubes

Malaysias Emery Oleochemicals plans to expand its biolubricant business globally with partnerships, acquisitions and expansion of existing sites in Malaysia and Germany, the company told Lube Report Asia.

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