Volume 11 Issue 22
Eneos Pilot Plant Makes Rerefined Oil
May 31, 2024Eneos announced on Wednesday that it has produced rerefined base oil in a demonstration project, as part of its work in a government-commissioned study on recycled waste lubricants in Japan.
Profits Up at Gulf, Castrol India, Balmer
May 31, 2024Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal year, riding a wave of sales growth in infrastructure, mining and business-to-business segments.
From Other Editions of Lube Report
May 31, 2024YPF to Sell Lubes Units in Brazil, Chile
Briefly Noted
May 31, 2024The Philippines Department of Energy issued guidelines enabling increases in the portion of renewable content in diesel and gasoline motor fuels, beginning Oct. 1. Diesel suppliers are mandated to increase the portion of biodiesel from 2% to 3% on that date and will have to boost it to 4% and then 5% on the same dates of 2025 and 2026. Gasoline suppliers will have the option to increase ethanol content up to 20%, compared to the current cap of 10%.