Diesel sales giving way to gasoline due to rising consumer class
Industrial diesel sales slump as Chinese consumer class uses more gasoline
Industrial diesel sales slump as Chinese consumer class uses more gasoline
The new Sinapore facility will leave Afton in a prime position to service expanding markets
The company's 75% holding will go to a US private equity firm and Tongyi's founder
The US major is stopping operations at its lubricants blending plant after a major explosion
Fuchs has acquired Sweden-based company Statoil Fuel & Retail Lubricants from Couche-Tard Luxembourg.
Tide Water Oil, an associate of Andrew Yule group, is considering the African markets for its lubricants manufactured under Veedol brand.
Oil majors show continued drop in figures for second quarter 2015 with only Fuchs and Phillips 66 bucking the trend.
SK Innovation has scrapped a plan to list its lubricant-making affiliate because its financial health has improved.
Despite slumping markets, China has approved the independent producers IPO\n
Asia Pacific and Latin America will be key drivers for lubricants growth, especially in recycled lubes according to the latest reports.\n