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May 25, 2018

Volume 5 Issue 21

Shenhua, Naco Form Research Center JV

China Shenhua and Shanghai Naco Synthetics last week commemorated the opening of a joint venture research center designed to develop coal-to-liquids and gas-to-liquids lubricants technology. read more

Entering India’s Crowded Automotive Segment

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Entering into India’s automotive lubricant market may seem like a no-brainer due to the country’s position as one of the globe’s largest markets, but the vast number of already established players can impede success, said an industry insider at an event in Mumbai last month. read more

Tianqi to Buy Stake in SQM

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In a deal that would strengthen ties between two of the world’s largest lithium suppliers, Nutrien Ltd. agreed last week to sell a 24-percent stake in Chile’s SQM to Tianqi Lithium Corp. read more

Briefly Noted

Mumbai-based Savita Oil Technologies Ltd. re-launched its Savsol brand lubricants into the Indian market. As part of the re-launch, the oils will be in new packaging.  Chevron Lubricants Lanka Plc.’s CEO and managing director Kishu Gomes resigned Wednesday, effective immediately. Rochna Kaul, general manager of the company’s Asia and Pakistan region, has been appointed to fill the role in an acting capacity.