Idemitsu to Add New Lube Plant in Indonesia
Japan's Idemitsu Kosan will set up a new lubricant plant next year in western Java, Indonesia, the company said. read more
August 3, 2018
Volume 5 Issue 31
Slow Auto Sales Curb Vietnam’s Lube Growth
Vietnam’s declining automotive sales may hinder lubricant market growth. To stay competitive, patience to develop a reliable lubricant distribution network is key, said an official from Vilube in Singapore. read more
Earnings Wrap-up: Castrol India, Balmer Lawrie
Castrol India reported double digit profit growth, and first quarter operating profit for Balmer Lawrie jumped, each for the quarter ending June 30. read more
From Other Editions of Lube Report
Suppliers Sued Over 303 Tractor Fluids
Publisher’s Note: Lubricants Industry Factbook
Editors at Lube Report’s sister publication, Lubes’n’Greases magazine, have just capped off a decade of producing our yearly Lubricants Industry Factbook. The 10th edition of this valuable guide is packed with eye-opening information about lubricant industry trends, statistics and standards. read more
Briefly Noted
Connell Bros. began marketing and distributing Songwon's lubricant and fuel additives throughout China this month, having already been the company’s exclusive distributor in India. Malaysian Prime Minister Mahathir Bin Mohamad named Datuk Ahmad Nizam Salleh as the new chairman of the state-owned oil and gas company Petroliam Nasional Bhd on Aug. 2. Ahmad Nizam has held various positions at the company since 1981.