Industry News

The Asian Lubricants Industry Association (ALIA) held its Annual General Meeting (AGM) on March 11, 2025, at The Laguna Resort & Spa in Bali, Indonesia. The event, presided over by ALIA Chair Charlotte Kehoe, technology director, Asia Pacific at BP

Chevron Oronite has announced the successful completion of a state-of-the-art warehouse at its Gonfreville l’Orcher plant in France. The new facility, designed

Innospec Inc. (NASDAQ: IOSP) has announced an expansion of its production capacity for drag reducing agents (DRAs) at its Pleasanton, Texas, U.S.A., facility

Vopak has announced a major expansion of its global industrial terminal network, following a final investment decision to construct a 160,000 cubic metre tank infrastructure in Map Ta Phut, Rayong, Thailand. The investment supports the import of U.S. ethane into

Shell and BMW M Motorsport have announced the renewal of their longstanding partnership, reinforcing their collaboration in energy innovation and motorsport technology. The extended agreement will see Shell continue to support BMW M Motorsport’s factory

SK Telecom (SKT) has signed a memorandum of understanding (MoU) with Giga Computing and SK Enmove to develop next-generation liquid cooling technology for AI data centres. The agreement, announced at MWC25 in Barcelona, aims to enhance energy efficiency and performance

Kraton Corporation, a global leader in sustainable speciality polymers and bio-based products, has announced the appointment of Prakash Kolluri as president of its Polymers Business. Kolluri’s leadership is expected to drive the company’s continued growth, innovation, and expansion into high-value

Mitsui O.S.K. Lines (MOL) has announced the acquisition of 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A. The agreement, reached with the current owners Ardian, APG, and PGGM on 7

The Australian Government has announced a AUD250 million (USD158 million) investment to accelerate the development of the domestic low carbon liquid fuels (LCLF) industry, reinforcing its commitment to clean energy and long-term fuel security. The funding, part of the AUD1.7

ICONIC Base Oil has been appointed as the official distributor for the Nynas Naphthenics product range in Brazil, effective 19 February 2025. The strategic partnership enables ICONIC to distribute Nynas’ range of base oils, process oils, and transformer oils. “We