China on track to consume 7.6m tons of lubes in 2014
Despite slowing GDP growth China still set to reach lubes consumption targets
Despite slowing GDP growth China still set to reach lubes consumption targets
The dutch major may be looking to divest its Chinese lubes stake
Chinese lubes company is expanding its presence across Asia
Despite healthy economic data, production is actually sliding in China\n
Chinese shipping giant sees an opportunity in the French lubes producer\n
Chinese lubes producer promotes its brand during the APEC summit \n
OATS COO, Richard Carney, examines the current challenges faced the lubricants industry and explains why OATS' earlFUSiON platform is designed to help the lubes industry meet future information needs.
Oil refineries are the largest market for additives and the industry is responding to regulation and the changing supply of raw materials.
New research predicts independent lubricants manufacturers' market will reach US$8.5bn by 2019.
The third quarter results for 2014 are mainly neutral or positive, despite falling oil prices, although BP has seen a fall in earnings.