Global additives to reach $8.2bn by 2015, US also set to grow
The global petroleum additives market is set to reach $8.2bn within the next five years, with US demand also increasing, according to new reports.
The global petroleum additives market is set to reach $8.2bn within the next five years, with US demand also increasing, according to new reports.
Trade unions Venezuela have backed the government's decision to nationalis a major lubes and chemical company.
An alliance between Baker Hughes and Intertek is set to enhance cargo treatment additives services, while Chevron Oranite has appointed Azelis as its Euro distributor
Sri Lanka is looking to double its oil imports to meet demand.
Shell have topped the global finished lubes market for the fourth consecutive year according to Kline.
Valvoline has repackaged its EMEA motor oil products.
Scotland-based Cairn Energy has discovered oil off the coast of Greenland, although the scale is yet to be determined
ExxonMobil will continue as GM's US lubes supplier for the next five years as Mobil1 gains global DEXOS licence, but Chevron and CITGO will not go for dexos licences.
Afton Chemicals is set to launch a new PCMO to exceed the imminent GF-5 and Dexos standards
ExxonMobil have signed a multi-year branded lubes deal with Caterpillar and an exclusive deal with Camping World