Volume 3 Issue 24
China Continues to Hone Base Oil Capacity
June 14, 2016With fresh plants springing up to make high-grade products, China has boosted its total mineral base oil capacity to over 8.3 million metric tons per year - nearly double what the country could make 10 years ago, according to data published this month by LubesnGreases magazine.
Malaysia, Thailand Drink Up Synthetics
June 14, 2016Demand for synthetic lubes is growing in Malaysia and Thailand due to the rising popularity, and evolving lubrications needs of Japanese vehicles and equipment, industry experts said at an industry conference last month.
Industry Responds to Growing Halal Demand
June 14, 2016The Asia-Pacific regions market for halal-certified products is booming, observers say, and that could lead to an increase in demand for halal food-grade lubricants.
Apar, GTS, Balmer Record Upticks
June 14, 2016Indian lube suppliers Apar Industries and Balmer Lawrie both recorded strong margins despite weaker revenue, while Chinas GTS Chemical Holdings revenue was on the upswing, all for the quarter-ended March 31.
Briefly Noted
June 14, 2016Singapore-based Inventure International and Mazzoni LB S.p.A. formed a joint venture to commercialize technology that processes by-product lipids from vegetable oil refineries into oleochemicals that can be used to make lubricants and other products. Tata Hitachi Construction Machinery Co. named ExxonMobil authorized supplier of lubricants for its excavation and construction equipment.
Publisher's Note
June 14, 2016Lubes’n’Greaseshas launched its new website, LubesnGreases.com, a continuously updated, centralized portal offering a wealth of new and updated features. In addition to essential news content, the portal has a glossary of industry terms and acronyms, includes links to professional organizations, shows dates and details for industry events, and provides access to Lubes’n’Greases’expanded and enhancedLubricants Industry Directoryand more.