Trends & Studies
Reported lubricating grease production was up in China and Southeast Asia, and down in India and Japan, according to a survey by the United States-based National Lubricating Grease Institute.
April sales of lubricating oil and grease in Australia fell 7 percent year on year to 25.6 million liters, according an Australian government agency’s petroleum statistics report.
An increasing number of vehicles in China are equipped to transmit information about their operations across the internet, and this is expected to impact the supply chain of lubricants, an industry analyst told Lube Report recently.
Registrations of new passenger cars, trucks and buses fell 45 percent in May, compared to a year earlier, according to data released June 6 by the Japan Automobile Manufacturers Association.
Russia’s Sakhalin region is preparing to convert much of its vehicle parc to run on compressed natural gas, a zero-emission alternative fuel, an industry event heard recently. Engines powered by natural gas or liquid propane require specially formulated engine oils.
Japan’s base oil production for April fell 20 percent compared to the same month last year, according to data recently released by the country’s Ministry of Economy, Trade and Industry.
Base oil production in China has largely returned to normal levels, but demand in other parts of the world is still down significantly because of the Covid-19 pandemic and may not recover much until late in the year, according to industry insiders and an analyst speaking at a webinar Wednesday.
Registrations for sales of new passenger cars, trucks and buses fell 29 percent in April, compared to a year earlier, according to data released on May 18 by the Japan Automobile Manufacturers Association.
Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sales of motor vehicles and motorcycles.
Covid-19 pandemic lockdowns in Asia have resulted in increased demand for food-grade lubricants, industry insiders said.