Analysis of the last 25 years' of global lubricants demand shows a relatively flat market - with a tip towards China and India, but energy demand is set to soar from now until 2050.
Tag: Middle East
The API is set to review the standards development process following the nine year development period for the lastest GF-6 spec. But the approved spec could now roll-out faster than expected across EMEA.
Tata partners with Valvoline Cummins for exclusive product range, while Saudi Aramco and Hyundai Heavy Industries subsidiaries announce a deal to give Aramco broader downstream growth.
Ford and Baidu collaborate further in technology and connectivity in China.
Saudi Arabia could see 60,000 new vehicle sales per year with the removal of the ban on women drivers.
New research from Transparency shows that products from regional lubes makers will increase pressure on an auto lubes market set to be worth $79bn by 2024.
2016 proved significant for geo-politics, the lubricants industry and OATS itself.
The popularity of smartphones will drive internet usage in the region, says Global Web Index
The global additives market grew by 1% last year, according to consultancy group Kline
With sanctions lifted, German truck makers are looking to take back market share from China