Region

Shell May Divest in Argentina

September 14, 2016

As part of strategy to raise cash, Royal Dutch Shell last week announced that it is reviewing the possible sale of its downstream assets in Argentina, ...

Partnerships with online-to-offline auto care service providers are proving a popular way for domestic and international lubricant companies to score ...

Profits Jump at Hi-Tech

September 13, 2016

Pakistani lube supplier Hi-Tech Lubricants Ltd. reported a 61 percent jump in its annual net profit, thanks to higher sales and lower finance costs.

SK, Sinopec Discuss Cooperation

September 13, 2016

SK Group and Sinopec are seeking to expand their areas of cooperation in China to extend to their petroleum, base oil and lubricant businesses, the So ...

Idemitsu Kosan Co.s acquisition of Showa Shell Sekiyu K.K. - inked last year for closure this month - has been delayed again due in part to Idemitsu b ...

Several key trends in the lubricants and base oils industry as well as a slowing local economy are causing the Brazilian market to experience a declin ...

The Tanzanian Bureau of Standards shut down a lubricants manufacturer and confiscated substandard, counterfeit lubricants from distributors as a resul ...

Russian police shut down a business in an old warehouse in Togliatti, Samara Oblast, last week that allegedly manufactured counterfeit motor oils of p ...

Tianhe Chemicals Group said last week that gross profit for its lubricant additives division rose 35 percent during the first six months of 2016, than ...

Kawasaki Revamps Oil Packaging

September 6, 2016

Kawasaki aims to stand out in Indonesias increasingly competitive lubricant market by selling some of its motor oils in transparent containers designe ...

Aiming to provide formulations tailored to Sri Lankan driving conditions, Laugfs Lubricants Ltd. recently opened a research and development center bil ...

JX Holdings and TonenGeneral Sekiyu KK last week finalized their agreement to merge in April 2017 to become Japans largest oil refiner. Among midstrea ...

Azerbaijans economy ministry recently said the state-sponsored Sumqayit industrial park could include construction of a lubricant blending facility, w ...

The U.S. Environmental Protection Agency and National Highway Traffic Safety Administration jointly adopted a second round of standards for medium- an ...

Chinese additive manufacturer Tianhe Chemicals began streaming at its production facility in Dubai, United Arab Emirates, earlier this week. Originall ...

Chevron will market API Group II base oils through a distribution agreement with Caltex Australia, joining the growing number of companies supplying h ...

The Petroleum Association of Japan forecast that lubricant demand in Japan this year will drop 0.6 percent to 1.3 million metric tons due to a slowdow ...

The Cabinet of Sri Lanka authorized the countrys Public Utilities Commission last week to act as regulator of the lubricants industry, part of the gov ...

Chinese additive manufacturer Tianhe Chemicals began supplying to the Japanese market and will start production at its new plant in Singapore through ...

The global transformer oil market will grow at a compound annual rate of nearly 9 percent from 2016 to 2020, with mineral-based oils continuing to dom ...