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October 5, 2018

Volume 5 Issue 40

Indonesia Announces Lube Standard

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Lubricants sold in Indonesia will be required to comply with a new national standard beginning Sept. 11, 2019, according to a regulation published last month by the country’s Ministry of Industry. read more

Hi-Tech Annual Profit Rises Marginally

Pakistan’s Hi-Tech Lubricants Ltd. reported a marginal increase in its annual profit as the impact of higher sales was offset by a surge in expenses, finance costs and taxes. read more

Briefly Noted

Shell Lubricants India renewed a partnership with BMW to remain the automaker’s only recommended supplier for aftermarket engine oils in India until 2022.  Pakistan Federal Minister for Railways Sheikh Rasheed Ahmed announced 15 Pakistani engine oil depots will be audited in an effort to save expenses as the country expands its rail network.