Chinese additives maker Kangtai Lubricant Additives Co. started construction in June on a 50,000 metric tons per year additive manufacturing plant in Jinzhou city, Liaoning province, where the company is based.
Chinese fuel supplier Bohui canceled plans to build an API Group II base oil plant but has built a facility that produces paraffin wax, according to a company prospectus. The company was recently approved to go public on the ChiNext startup board of the Shenzhen Stock Exchange.
Pertamina disclosed last week that Saudi Aramco has withdrawn from discussions about a plan to jointly expand the Indonesian energy company’s refinery in Cilacap, Indonesia.
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.