GP Petroleums Ltd. and Gulf Oil Lubricants India Ltd. announced the reopening of blending plants in India, after receiving permission from local authorities to operate under guidelines in accordance with Covid-19 safety precautions.
Southwest Dingsheng Energy plans to build a base oil rerefinery in Xi Feng County, Guizhou province. A local government environmental assessment was recently completed for the 60,000 metric tons per year API Group I plant, which will cost about ¥159.8 million (U.S. $22.6 million).
Valvoline Inc. has resumed construction of a lubricants plant in Zhangjiang, China, after suspending the project in February amidst the country’s coronavirus outbreak.
Incheon, South Korea-based bearing manufacturer SGO said it will invest more than $4.5 million to set up bearing production facilities at a site in India. Some of those bearings are oilless and use solid lubricants.
As Europeans consider regulating the presence of two categories of mineral hydrocarbons in food, some palm oil producers in Southeast Asia are turning to food-grade lubricants in an effort to maintain access to the market.
India’s government invited bids to buy its almost 53 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that is one of the country’s largest lubricant suppliers and one of four domestic base oil producers.
Shell Indonesia will double production capacity at its lubricant blending plant in Marunda Centre, north of Jakarta, to 300 million liters per year, the company announced yesterday.
An Indonesian blending plant partly owned by Repsol will begin producing the companys lubricants by April. The Spanish company plans to expand the plant and to sell those products in regional and local markets, a company spokesman told Lube Report.
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.