Volume 5 Issue 29
SSY Base Oil Shipping Report
July 20, 2018There has been a tiny improvement in cargo volumes out of the United States this week, Asian markets are mostly unchanged, and Europe is now starting to slow down.-by Adrian Brown
Lubes Industry Faces New Tariffs
July 20, 2018The trade war between China and the United States is on, and the lubricants industry is caught up in it, along with many others. Analysts say some companies are affected more than others, and that many are trying to navigate the new seascape in order to minimize financial impacts.
Japan Leads in OEM Genuine Oil Consumption
July 20, 2018Use of genuine engine oils varies greatly across the Asia-Pacific region, analysts said during a recent industry conference, with operators of Japanese vehicles more likely to use automaker-branded oils.
Indian Oil Sees Lube Growth Opportunity
July 20, 2018Indian Oil Corp. Ltd., one of the key players in Indias lubricants market, is upbeat about prospects there, expecting continued growth spurred by demand for automobiles and expanding industrial and construction activity.
From Other Editions of Lube Report
July 20, 2018Briefly Noted
July 20, 2018GP Global agreed to manufacture and market Cepsa-branded lubricants in India. The agreement marks Cepsas first venture into manufacturing its lubricants outside of Spain after the company approved GP Globals Mumbai facility. Patrick McCloud will take over as chief executive and managing director of Chevron Lubricants Lanka PLC effective Sept. 1. He will take over for Kishu Gomes, who resigned from the position in May. Lanxess India appointed Neelanjan Banerjee as its country representative and managing director effective Sept. 1. Banerjee will take on the new task while remaining as head of the Advanced Industrial Intermediates business unit.