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April 27, 2018

Volume 5 Issue 17

New Hubs Pressure Base Stock Suppliers

As new base oil production hubs emerge, the industry’s supply base is diversifying, disrupting established trade flows and intensifying competition among suppliers, particularly in the Asia-Pacific region, an expert said at an industry event in Mumbai last week. read more

Association Offers Pocketbook Programs

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When the Tianjin Lubes and Greases Association formed just over a year ago, officials decided that traditional programs of industrial associations – training programs, serving as an information clearinghouse and promoting member companies – is no longer enough to attract members. read more

Japan’s Base Oil Exports Dropped in 2017

Japan’s base oil export volumes plunged 24 percent last year as production and domestic sales fell and imports continued to increase, according to initial figures released by the country’s Ministry of Economy, Trade and Industry. read more

Briefly Noted

ExxonMobil and China’s Zoomlion jointly released an engine oil earlier this week. Additionally, Exxon will provide a comprehensive range of industrial oil, diesel engine oil and lube services for Zoomlion’s construction and agricultural machinery.  Formula One has named Petronas as its first regional sponsor, naming the Malaysian oil company as its official fuel and lubes partner in China, Italy and Mexico.