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PETRONAS Signs Supply Agreement With Maruti Suzuki for Customized "Genuine" Motor Oil
Malaysia's national oil company PETRONAS has tied up with India's largest car maker Maruti Suzuki India Ltd to supply customized "genuine" motor oil for its diesel vehicles. Maruti Suzuki, a subsidiary of Japanese automobile and motorcycle manufacturer Suzuki, haa a market share of nearly 40% of the Indian passenger car market.
[FULL STORY]
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PetroChoice Acquires LubriCorp
PetroChoice, a value-added provider of petroleum based lubrication products and services in the Mid-Atlantic and Midwest Regions of the United States, announced last week that it has acquired LubriCorp, a lubricant distributor headquartered in Knoxville, Tennessee.
[FULL STORY]
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SKF Launches Line of Food Grade Lubricants
SKF has launched a wide range of Food Grade Lubricants that are NSF/H1, Kosher and Halal approved, offering excellent lubrication properties for a vast majority of conditions in the food & beverage industry. These food grade lubricants include chain oils, hydraulic oils, gear oils, greases and dry film lubricant.
[FULL STORY]
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ORGKHIM to Build Plant in Singapore to Produce Rubber Extender Oils
Russia's ORGKHIM Biochemical Holding, a Nizhny Novgorod-based holding, announced it plans to build a USD 50 million facility in Singapore to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds.
[FULL STORY]
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Rosneft and SIBUR Sign Lube Supply Agreement
Russian oil giant Rosneft and gas processing and petrochemicals company SIBUR have signed a long-term partnership agreement for the development, testing and implementation of lubricants and other oil products. The agreement, to be in effect for five years, may be extended if the parties so agree. SIBUR owns and operates Russias largest gas processing business.
[FULL STORY]
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