Three lubricant industry associations in the United States petitioned India’s government last week to approve the export of castor oil derivatives stuck at India ports as part of a national lockdown to combat the Covid-19 pandemic.
Matching the proper grease formulations to the right applications in automotive engines and drivelines can help conserve energy, an expert said at an industry event in Indore, India.
Attempting to ease the impact of growing competition for lithium, India expanded a government performance standard for greases to cover other types of thickener chemicals, a government official said at an industry event earlier this month.
United Arab Emirates-based GP Global said it plans to invest Rs 100 crore (Rs 1 billion or U.S. $14 million) to build a greenfield lubricant blending plant in western India.
Lithium grease thickeners still make up the majority of the global market because of their lower cost, but demand for products made with calcium sulfonate thickeners is expected to grow because of their better performance in industries such as mining, industry insiders said at a conference in Singapore.
Production volumes of high performance lithium complex and polyurea grease are growing to meet market needs, an industry insider said at a conference in Singapore.
Chinas Customs Tariff Commission of the State Council yesterday announced a trial program to exclude 16 types of U.S. products - including grease and certain types of lubricants, base oils and surfactants - from retaliatory tariffs.
Japans domestic lubricant sales volumes fell by more than 10 percent in 2018, but exports increased by 30 percent, according to data released recently by the countrys Ministry of Economy, Trade and Industry.
Lubricating grease production in China appears to have continued its decline in 2018, according to the National Lubricating Grease Institutes yearly survey, which was released this week. Meanwhile, Japan, India and Pacific and Southeast Asian countries saw increases in their production for the year.