Jayanta Ray, General Manager – Industrial and OEM, GS Caltex India Pvt Ltd


Global perspective and trends in the lubricants industry. The global lubricants market is projected to grow to 43.87 million tonnes by 2022, at an estimated CAGR of 2.4 percent. High demand from automotive, industrial machinery and construction are expected to drive industry growth over the forecast period. Increasing demand for lightweight passenger cars and heavy-duty commercial vehicles has fostered global automotive production, which in turn is conducive to the development of lubricants for application in this field. Read more. 

Petrochemicals play a vital role in shouldering the growth of any economy by being the backbone to some of the crucial industries including agriculture, infrastructure, healthcare, textiles and consumer durables. The exuberant growth of the Indian economy cannot be spoken without mentioning the role that petrochemical industry has and is expected to play in this journey. Read more.
SHANGHAI, CHINA: Royal DSM has unveiled its new anti-soiling (AS) coating for photovoltaic (PV) solar glass. The new coating provides a unique combination of anti-soiling and anti-reflective properties and is aimed specifically at PV modules in dry, desert-like climates. It delivers a performance win-win for the growing number of solar parks by securing highest module output.  Read more. 

THE HAGUE, NETHERLANDS: Shell Offshore Inc said that its affiliate, Shell E and P Offshore Services BV, will exercise a contractual right to purchase the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore.  The vessel is contracted for the Stones deep-water development in the Gulf of Mexico, which began production last year. Read more.

PARIS, FRANCE: Air Liquide SA has signed new supply contracts covering a period of 10 to 15 years with three major Chinese fibre optics manufacturers. In the frame of these new contracts with Futong Group Communication Technology, Yangtze Optical Fibre, and Zhongtian Technology Fine Materials, Air Liquide will supply a total exceeding 6,000 Nm3 per hour of hydrogen and 4,000 Nm3 per hour of nitrogen. Read more. 

 

BANTING, MALAYSIA: Linde Malaysia Sdn Bhd, a member of The Linde Group has launched its first modular automated industrial gases cylinder filling plant in South Asia and ASEAN, located in Banting, Malaysia. This latest key milestone reaffirms Linde’s position as a long-term investor in Malaysia and as the leading industrial air and medical gases supplier. Read more. 

The global flavours market in 2016 was valued at ~ $13.5 billion. The flavours market was ~ 55 percent of the global flavours and fragrances market valued at ~$24.5 billion in 2016 and the expected CAGR over next 5 years is 5 percent. America and Asia Pacific account for lion’s share of the market (~35 percent) each, followed by Europe and Africa & Middle East regions. Read more. 

 

DES PLAINES, US: Honeywell (HON) UOP has introduced its new connected plant ARMGuard system, a remote monitoring service that helps natural gas processors manage the adsorbents that are used to remove water from natural gas. Honeywell UOP’s ARMGuard system uses existing instrumentation to help customers optimise their adsorption cycles. Read more.

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