Bio & Synthetics
Investments in oleochemicals projects in Malaysia have more than doubled during the first five months of 2014, the Malaysian Investment Development Authority recently disclosed.
Asia-Pacifics demand for fully synthetic lubricants and semi-synthetic lubricants will grow at average annual rates of nearly 8 percent and more than 4 percent, respectively, through 2023, consulting firm Kline & Co. predicts.
Elevance Renewable Sciences announced plans for a biorefinery in Sabah, Malaysia, in collaboration with Genting Plantations Berhad.
Synthetic esters are enjoying healthy demand growth, according to a Croda official, especially for lubricant applications that require high technical performance or low environmental impact.