The global base oils landscape will become increasingly competitive with a shift to Groups II and III while supply will outpace demand, the vice president at ICIS Consulting said on Thursday. Stefano Zehnder said Groups II and III capacity expansions to 2025 will be 50% greater than demand growth, according to ICIS projections. Meanwhile, Group…
South Korea lubricant consumption fell to a 10-year low of 990,455 kiloliters (889,627 metric tons) in 2019, the Korea Lubricating Oil Industries Association said in a report last week. Last year’s total represented a 4.6 percent decrease from 1.04 million kiloliters in 2018, and the country’s lowest level of lube consumption since 2009, when the…
This price index takes into account and covers VAT and GST factors
On February 20, 2019, the United States – winning card Lexington, Kentucky (the New York stock exchange transaction number: VVV), as a supplier of high-end lubricating oil and automobile maintenance products, announced that its Chinese partner, Beijing rabbit master automobile technology co., LTD. Was established in China’s shandong province and run fast oil change service…
According to the state administration of taxation on oil consumption tax levy notice on the management of “(the state administration of taxation announced in 2018, no. 1) regulation:” second, outsourcing, import processing and recovery of gasoline, diesel oil, naphtha, fuel oil, lubricating oil used in continuous production of taxable products, should by the VAT invoice…
Kunshan Pantex Trading Co., Ltd. was established in 2010 and is headquartered in Kunshan City, Jiangsu Province.
Jiangmen City Yifeng Chemical Raw Materials Co., Ltd. Jiangmen City Yifeng Chemical Raw Materials Co., Ltd. was established in 1994. It is a large-scale trading company that specializes in importing chemical raw materials, cosmetics raw materials, and ink coatings. Since its inception, it has been enterprising and constantly innovating. With a comprehensive, systematic and complete…
Summer will end, autumn is not yet, in this no three no four is still hot at the end of August I ‘d like to mention again that the November Forum is going to be held. Do not tell me that the time is still early, metal processing liquid forum grab the staff name tag…
Dear Lubricant Enterprise: Welcome to the 19th China International Oil Lubrication and Applied Technology Exhibition. It is with your full support and active participation that the exhibition can grow and grow! Organizers of the exhibition for the distribution agents and lube brand enterprises to customize the public welfare activities “lube oil industry distribution agents elite…
With its 45-year history, AMSOIL INC. is a professional manufacturer and a industry leader of synthetic lubricant for automotive and industrial.