Volume 3 Issue 41
Indonesian Energy Boom Beckons Lube Suppliers
October 11, 2016Suppliers expect an increase in demand for power plant lubricants in eastern Indonesia thanks to the governments call for an additional 35 gigawatts of power capacity there by 2019.
KH Neochem Lists in Japan
October 11, 2016KH NeoChem, a Japanese producer of specialty chemicals such as fatty acids, esters and feedstocks for niche lubricants, will be listed tomorrow on the Tokyo Stock Exchange.
The Growing Use of Group II Base Oils
October 11, 2016Base stocks are crucial components of all finished lubricants. With the base stock percentage of a finished lubricant ranging from 80 to 90 percent, the selection of base stocks is key. These essential ingredients are not commodities and their impact ....
Pertamina, Repsol Partner on TDAEs
October 11, 2016Pertamina and Repsol announced yesterday that they will cooperate to build a unit that produces treated distillate aromatic extracts at Pertaminas fuel refinery in Cilacap, Indonesia. The plant will have capacity to make 60,000 metric tons per year of aromatic extracts, primarily to be marketed as rubber process oils in Southeast Asia.
Petronas Defends Racing Sponsorship
October 11, 2016Fuel and lubricant marketers spend millions of dollars sponsoring competitive racing teams. Observers sometimes question whether the benefits are worth the time and money invested in such deals, but the number of companies engaged in them implies that they believe the return is good.
Briefly Noted
October 11, 2016Chinas Ministry of Environmental Protection announced that guidelines expected later this year would require companies using more than 10 kilograms per year of a new chemical to register the substance with the government. A MarketsandMarkets report identified Asia-Pacific as having the busiest ports worldwide, and noted that increasing trade activities and infrastructure developments make it the fastest-growing marine lubricants market through 2021. A partnership between ExxonMobil and global sports and media enterprise National Basketball Association will see Mobil 1 promoted extensively in China through the organizations presence there.
Publisher's Letter
October 11, 2016I am very pleased to announce that Joe Beeton has been appointed editor of Lube Report Asia, our online newsletter covering the lubricants industry in Asia. Joe has been with our company for three and a half years, has worked on all of our publications and quickly developed a thorough grasp of our industry. Holder of a bachelors of English degree from George Mason University, he has been assistant editor of Lube Report Asia since its launch in January 2014 and has a sure handle on the issues of greatest interest in the dynamic and diverse markets that the newsletter covers. We look to Lube Report Asia continuing to progress under his leadership. Joe replaces Tim Sullivan, who is assuming an expanded role in which he will work on all four of our magazines and newsletters.
–Howard Briskin, Publisher