OEMs tending towards low viscosity fluids
Regulations will force OEMs to keep up with higher performing fluids
Published 28-Jun-2011
Regulations will force OEMs to keep up with higher performing fluids
Statistics for March 2011 show China's lubes output continuing to grow.
Forecasts from Sinolub predict a steady rise in the growth of the Chinese lubes market over the next three years.
The biofuels market could supply almost one third of the transport industry's needs by 2050 according to IEA forecasts.
Growth in the Indian lubes market will be driven by the automotive sector but won't be "huge" according to Castrol India's COO.