Shell to expand Asia lubricants business on population, vehicle growth

Singapore

ROYAL Dutch Shell plans to grow its lubricants business in Asia in the next five years, targeting surging vehicle sales and rising population growth, said a senior company official.

The company will focus on expanding the business in China and in member countries of the Association of South-east Asian Nations (Asean), said Mark Gainsborough, executive vice-president of Shell's global commercial division. It plans to open a new lubricants blending plant in Singapore in 2016, together with two other partners, following a plant opening in Indonesia late last year.