March 25, 2014
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Volume 1 Issue 12
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By Tim
Sullivan • March 25, 2014
Engine oils in Asia tend
to lag behind oils from Europe and the Americas in their ability to
prevent deposits around piston ring belts, while Asian and European
oils lag those from the Americas in terms of fuel efficiency.
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By Tim
Sullivan • March 25, 2014
Having the world's largest
automobile market as their home creates opportunities for Chinese car
and truck makers. But they also face big challenges, according to one
observer, who says domestic independents need to reduce air emissions
and improve their global business structures.
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By
K.Venkateshwar Rao • March 25, 2014
India recently announced a
new schedule of mandates to raise the fuel efficiency of passenger cars
over the next eight years. Observers say the rules will compel
automakers to invest in new technologies and should help spur use of
higher quality lubricants.
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March 25,
2014
Seoul-based chemical
trader ISU
Exachem Co. has been appointed export agency for the Hyundai Oilbank-Shell
joint venture that is building an API Group II base oil plant in
Daesan, South Korea. Exachem will be responsible for developing the 60
neutral and 150N market. Chevron
Sri Lanka is building a U.S. $15 million blending plant
in Sapugaskanda, Sri Lanka, to replace its existing facility in
Kolonnawa. Glander
International Bunkering, U.A.E., announced that Euwyn Tan
joined its Singapore office as a bunker and lubricant trader.
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Base Oil Reports
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Asia Base Oil Price Report
There
appear to be conflicting currents affecting base oil prices in Asia,
with the low-viscosity grades exposed to upward pressure and the
high-vis cuts seeing some softening. – by Gabriela Wheeler
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