Latin America could offer rich pickings for synth lubes
As the Latin American car parc modernises, there's plenty of opportunities for high performance lube producers, according to Lube Report's conference summary
As the Latin American car parc modernises, there's plenty of opportunities for high performance lube producers, according to Lube Report's conference summary
Almost all oil majors are reporting increased sales and profits.
Saudi Arabia could see 60,000 new vehicle sales per year with the removal of the ban on women drivers.
Hurricane Harvey halted around 25% of all US oil production and supply as it swept across Texas. Hurricane Irma added insult to injury.
The French oil major is set to reveal a new motorcycle lube made in India for the domestic market as it increases its Technical Centre output. Meanwhile, Petronas is investing in a grab for Indian market share
The UK has followed France in setting 2040 as the date to go all electric and China is considering the same, but the oil industry remains unconcerned.
New auto sales in the US are continuing to decline, which could have a longer-term impact onthe lubes sector.
Transparency Market Research predicts Independent Lubricant Manufacturers Market set to reach nearly US$9.5bn by 2025
Misleading labelling and confusion over ATF specifications have been revealed in the Petroleum Quality Institute of America's Automatic Transmission Fluid Survey.
The latest research shows motor lubes demand is set to grow as Daimler announces a new Russian factory and the used car market flourishes.