Wednesday, 16 April 2014

Lube Report 15 April 2014

April 15, 2014
Volume 1 Issue 15

Lube Report

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.

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.

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.

Sinopec Lubricants became a recommended supplier of oil-air lubricating oil for Yantai Huashun Machinery Engineering Equipment’s oil-air centralized lubrication system products.

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.

Lubes'n'Greases Classic
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.

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

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