Lubrizol and Lanxess are amongst the latest lubes and additive suppliers to announce new product as the industry faces the challenge of rising development costs to meet the low-viscocity trend.
The Chinese major may part with $3bn to purchase a controlling stake in the plant from Dragon Aromatics
Wärtsilä has developed propulsion systems which are compatible with environmentally acceptable lubricants (EALs). Meanwhile BP & Sinopec sign Singapore marine JV.
Despite slow GDP growth, the company is seeing an increase in high-quality lubes demand
The limited liability company is part of Sinopec Group’s marketing arm reorganisation
30 years of OATS has seen plenty of change in the global and Chinese lubricants markets. Now China's oil majors are under pressure from smaller domestic producers and larger overseas competitors. 2014 is a time of convergence both nationally and internationally.
According to Sinopec analysts China’s oil industry is outpacing even steel
China's high-quality lubricants production is on the rise as the country's vehicle market and performance levels increases. Can local producers make the most of the trend?
Sinopec is China's highest earning business again in 2011 with $402bn revenues
Argentina surprised the oil and finance world by 'nationalising' YPF, scuppering a potential Sinopec deal and is now looking to Brazil's Petrobras for production investment
Rise in crude costs forces government action to hike prices for gasoline and diesel.
China's analysts are taking a long, comparative look at growth predictions against reality as China's economy starts to slow, the drive for quality lubes continues but domestic automakers fail to perform.
Sinopec has begun operations at one of China's largest oil reserve bases in Hebei Province.
Labelling and chemicals lead the news this month, ups and downs for BASF, China's Sinopec revealed its global ambitions for the lubricants market and why grease is good for the bottom line.
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