Volume 11 Issue 24
China Offers Opportunities for PAO
June 14, 2024As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportunities in applications like cooling for data centers and electric vehicle engines, speakers said at a lubricants industry summit held in Shanghai.
Petronas, Iceotope Tie Up for Coolants
June 14, 2024Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for data centers, becoming the latest lube company aligning with an equipment maker for an entrée into the developing new market.
Hi-Tech Lubricants Lowers Loss
June 14, 2024Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine months ended March 31, despite a drop in sales revenues.
From Other Editions of Lube Report
June 14, 2024U.S. Engine Oil Exports Up, Imports Down
Briefly Noted
June 14, 2024Castrol India Ltd. appointed Kedar Lele as managing director, effective Nov. 1, for a five-year period. He will succeed Sandeep Sangwan, who will remain managing director through Oct. 31 and then depart for another role within BP.