30 August 2012 06:41 [Source: ICIS news]
The move is to cope with rising demand from the lubricant plants in
The company had already raised its production of base oils for August to 90,000 tonnes, 20% more than the output volume in July, according to the source.
The continuous growth in the major producer’s production has signalled a recovery in the Chinese domestic market for both supply and demand, industry sources said.
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