The lubricating oil additives market is set to rise by more than $2bn by 2026 according to a new report, potentially driven by increasing demand for renewable energy. Asia Pacific is the fastest growing additives market globally.
BP has entered a joint venture to boost its retail presences across three Chinese provinces as Shell looks to automation technology to help its retail across the region.
Chinese oil giant Sinopec claims its products will meet the latest emissions standards and announces a major refinery expansion programme
CNOOC and Lopal use digital marketing to help promote new engine oils
BASF, Afton and Fuchs are investing in growth across the region
Premier lubes brand Castrol markets Hysol SL 35 XBB fluid in China
British additives leader expands operations in a key market
Lubes marketers stockpiling National IV grade lubes should be prepared
Fuelled by rising demand from the APAC region, global marine lubes will reach 2.9kt in 2022
The Anglo-Dutch major is betting big on population and vehicle growth in the region