Environmental Concerns Drive Lube Demand
November 28, 2011The lubricants industry will need to find alternative markets for its products over the coming decades, as nearly 30 percent of the world’s cars produced in 2030 are expected to be hybrid vehicles, which need far less lubricants than today’s cars and trucks. Read more
- Nov 14, 2011 Thai EGCO bids for stake in South Korea's GS Power
GS Caltex, South Korea's second-largest crude oil refiner, wants indicative bids for a 50 ... GS Caltex had no comment on whether EGCO had submitted a bid. « Read more
- Nov 14, 2011 Idemitsu To Shut 120,000 B/D Tokuyama CDU In March 2014
- Idemitsu to permanently close 120,000 B/D CDU, Plans to keep operating petrochemical factory, Shutdown unlikely to solve oversupply problem. « Read more
- Nov 14, 2011 Petrolimex, Daelim in talks over $4.8bln Vietnam refinery
Oct 25 (Reuters) - Petrolimex said on Tuesday it is in talks with South Korea's Daelim Industrial Co Ltd over a venture to build Vietnam's third oil refinery, which could make Daelim the first foreign investor in the project worth up to $4.8 billion. « Read more