Volume 4 Issue 32
Lubes Vie for Attention at Car Supermarket
August 8, 2017On a recent Friday afternoon in the downtown district of Jiangsu provinces capital city, Nanjing, several customers strolled through Chinese retailer Suning Commerce Groups first auto supermarket," without realizing that the new type of store offered numerous options for buying lubricants.
Indonesias Federal Oil Consolidates Production
August 8, 2017Indonesian lubricant blender PT Federal Karyatama opened a plant this month that will replace its two existing factories, CEO Patrick Adhiatmadja told Lube Report Asia.
Savitas Profit Climbs on Higher Sales
August 8, 2017Indias Savita Oil Technologies Ltd., a supplier of transformer oils, white oils, lubricants and other products, reported that first quarter net profit grew nearly 16 percent as revenue and other income increased.
Fire Shuts Indian Blending Plant
August 8, 2017A fire at an Atma Lubricants & Specialities Ltd. manufacturing unit in southern Indias Andhra Pradesh state last Wednesday was quickly contained. It caused no injuries but destroyed raw materials and equipment.
Publishers Note: Lubricants Industry Factbook
August 8, 2017Editors at Lube Report Asia's sister publication, LubesnGreases magazine, have just put the finishing touches on our yearly Lubricants Industry Factbook. The 2017-2018 edition of this valuable guide is packed with eye-opening information about lubricant industry trends, statistics and standards.
Briefly Noted
August 8, 2017A partnership between Max Energy Co. and Shell Brands International AG will bring a network of Max Energy Myanmar-operated, Shell-branded fuels and lubes retail sites to Myanmar. U.S. biotech company Verdezyne Inc. last week broke ground on a factory in Iskandar, Malaysia, that will produce renewable dodeconedoic acids that can be used in lubricant formulations by early 2019. Korea Shell Oil Co. will supply engine oils to Kumho Tires in an agreement that also includes cross-marketing each others products. Chevron Lubricants has restructured its Asia Pacific operations into a Greater China division and a unit focused on Southeast Asia, Japan, Australia and the Indian subcontinent.