U.A.E.-based energy company Enoc Group redesigned and improved its lubricant product packaging. The new look packaging has anti-counterfeiting features and localization with multilingual labelling.
Formosa Petrochemical Corp.’s revenue to hit U.S. $8.6 million over the net five years, says The Business Research Company. The Taiwanese refiner’s revenues from its asphalt, lubricating oil and grease business are expected to grow from $6.75 billion in 2023 to $7.23 billion until 2024.
Québec’s regional government set its sights on heavy-duty vehicles to be generate zero greenhouse gas emissions. A light-duty vehicle mandate was implemented in 2018. Heavy-duty was a potential safe haven for lube makers.