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August 16, 2019

Volume 6 Issue 33

Japanese Lube Demand Forecasted to Fall

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Japan’s lubricant demand for full-year 2019 is expected to fall by 1.4 percent to 1.4 million metric tons, according to a recent press release by the Petroleum Association of Japan. read more

Results Mixed for Indian Companies

Balmer Lawrie reported a decrease in operating profit, Tide Water Oil posted a decline in standalone net profit and net profit was up for both Maximus International and Continental Petroleum, while Chevron Lubricants Lanka experienced a drop in profit, each for the quarter ending June 30. read more

Briefly Noted

Shell Lubricants India and Honda announced a partnership last week in which Shell will unveil a new range of lubricants made exclusively for Honda two-wheelers.