Moresco steps up production of specialty lubricants in Asia

Japan’s Moresco Corp. is expanding production in high-growth Asian markets. Moresco Indonesia, a wholly owned subsidiary of Moresco Corp., will begin operating a factory, which will produce die-casting oils, fire-resistant hydraulic fluids and cutting fluids used in the automotive industry, in 2012. The factory will be located in the village of Kalihurip in Cikampek sub-district. It will be Moresco’s sixth overseas production base for specialty lubricants. The company already has three in China, one in Thailand and another in the U.S. (October 28, 2011)