Lube Report 15 April 2014

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April 15, 2014

Volume 1 Issue 15

Balmer Lawrie Shakes off Dust By H.P. Nadkarni • April 15, 2014 Balmer Lawrie & Co., India’s grand old grease company, is trying to shake off some dust. In the midst of a multi-plant plan to expand its production capacity, the 146-year-old company is also aiming to become a bigger player in the market for lubricating oils. Read More Fuchs Builds Plant in Australia By Tim Sullivan • April 15, 2014 Fuchs Petrolub announced that its Australian subsidiary will build a lubricant blending plant in Beresfield, New South Wales, Australia, to replace an existing facility in Wickham. Officials said the new plant will be larger and will be in a better location. Read More South Korea Moves to Euro 6 By Jeongmae Choi • April 15, 2014 South Korea's lubricant market is reacting to more stringent diesel vehicle emission limits that are being phased in this year and next with higher quality engine oils. Read More Sinopec Partners with Huashun on Oil-Air Lubes By Ying Huang • April 15, 2014 Sinopec Lubricants became a recommended supplier of oil-air lubricating oil for Yantai Huashun Machinery Engineering Equipment’s oil-air centralized lubrication system products. Read More Briefly Noted April 15, 2014 Revenue growth from machinery production in China dipped to 1.8 percent in 2012 due to over-capacity, according to market research firm IHS Technology. The market research firm predicts a rebound to growth rates of 8-10 percent in coming years. U.S.-based BioBlend has selected Indonesian firm National Energy Solutions to distribute its bio-based industrial lubricants in Indonesia. Read More Lubes'n'Greases Classic A New Model for Metalworking Fluids By Richard Beercheck • April 15, 2014 Conventional theories about metalworking fluids state that they react chemically with the surfaces of metal workpieces during the short time that the two are in contact. These reactions supposedly form metal chlorinate, metal sulfide or metal phosphor layers that are more easily removed by the machine tool. Researchers at a German supplier of metalworking fluids challenged that model. Read More Base Oil Reports Asia Base Oil Price Report With healthy demand and firm crude oil and feedstock costs continuing to exert upward pressure on base oil prices in Asia, it appears that prices are poised to move up.– by Gabriela Wheeler Read More