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Suppliers Brace for Indian Tax Reform

India will become a common market after it implements its Goods and Services Tax system in July, and lubricant suppliers anticipate a complex transition process with both pros and cons. Read More

Hyundai Fined for Lube Policies

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A competition regulator imposed a penalty of 870 million rupees (U.S. $13.5 million) on South Korean automaker Hyundai Motor Co.’s Indian unit for antitrust practices, including controlling dealers’ prices and choices of lubricants. Read More

SE Asia Infrastructure Projects Abound

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Infrastructure construction is booming in Southeast Asia – particularly in Thailand and Vietnam – and new Asian lube suppliers are positioned to secure market share if they enter the market with clear direction, according to an industry observer. Read More

Bazaar Drives HPCL’s Lube Sales

Hindustan Petroleum Corp. Ltd.’s lube sales jumped approximately 9 percent in the fiscal year, thanks to its focus on the bazaar segment and strong brand equity in the industrial segment. The firm said it is India’s best-performing lube marketer. Read More

Briefly Noted

Shell Lubricants picked family-run Tyreline to distribute for it in New Zealand.  Pakistan State Oil will supply all Pakistan Railways' 3,100 metric tons of lubricants for the next five years.  Emirates National Oil Co. chose Winspec Marine to sell its marine lubricants in Singapore.  Songwon Industrial Co. opened a pilot plant in Panoli, India, capable of producing samples of chemicals from all its business units, including lubricants additives.