Japan’s Idemitsu Kosan sealed an agreement Tuesday to acquire Showa Shell Sekiyu K.K. setting April 1, 2019, as the effective date for combining the nation’s second- and fourth-largest lubricant suppliers. read more
October 19, 2018
Volume 5 Issue 42
Singapore’s National Additive Manufacturing Innovation Center will join international standards organization ASTM International as a strategic partner to ASTM’s Additive Manufacturing Center of Excellence. NAMIC will coordinate the center’s research and development efforts in the Asia-Pacific region and invest up to SG$2 million (U.S. $1.45 million) within the first two years of the partnership. British Petroleum began construction of a new lubricant blending plant in Tianjin, China, this week. At a cost of 1.5 billion yuan (U.S. $214 million), it is BP’s single largest investment in a lubricant plant globally.