Speciality additives market to grow in China
Increasingly stringent emissions regulations in emerging markets will be a boon for producers
Increasingly stringent emissions regulations in emerging markets will be a boon for producers
Lubes demand peaked in 2012 and the industry adapting to less favourable conditions
Group I base oils lose share to Group II as production capabilities improve
Tougher emissions standards are having an effect on China's OEMs
Smaller lubes producers will no longer have to go through the Big Three as output surges
The two energy majors are deepening their cooperation in China
The Indonesian lubes major is continuing its expansion across the Asia Pacific region
The Chinese major may part with $3bn to purchase a controlling stake in the plant from Dragon Aromatics\n
China's developing economy may soon surpass the US in specialist machine lubricants consumption, but new Euro metal laws could have significant impact on metalworking fluids. \n
Foreign and domestic majors are increasing their presence in the port town\n