Xeriant, Inc., a new aerospace technology holding company, announced that it has been working with its strategic alliance partner, Xeriant Europe s.r.o., to launch a line of next-generation eco-friendly metal conditioners and lubricants under the brand names XERI-MC and XERI-L, which are in the process of being sold worldwide under an exclusive licensing agreement. Initial…
Photo courtesy of Martin Midstream Partners Martin Midstream Partners L.P. announced the sale of certain assets used in connection with the Mega Lubricants shore-based terminals business to John W. Stone Oil Distributor, LLC for USD22.4 million. “The announcement today reflects our continued emphasis on debt reduction through the sale of non-core assets allowing MMLP to…
ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has launched a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of ADNOC VOYAGER vehicle engine oils is the UAE’s first to meet the needs of the latest engine technologies. VOYAGER Star Plus HB, is designed specifically for…
Infineum, a global leader of fuel and lubricant additives, held a ceremony with the Zhangjiagang Free Trade Zone on 8 January 2020 to mark the signing of the letter of intent to begin its integrated manufacturing base phase II project in Zhangjiagang, Jiangsu province. Infineum Zhangjiagang plant first began production in March 2016, as the…
Conference background With the opening up of China in recent years and the successful convening of the China International Import Expo 2018, more and more imported lubricant brands are attracted to enter the Chinese market. These imported lubricant brands have different brand awareness and market share in the domestic market due to the different time…
Analysis on the proportion of China’s total import of base oil I/II/III in 2018 With the continuous improvement of lubricating oil consumption level in China’s market, the demand and supply ratio of base oil type I/II/III are changing quietly. From the earliest when class I dominated the market to the present when class II hydrogenation…