Asia

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

Lube Report Asia - March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

Lube Report Asia - March 15, 2024

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...

Arteco Opens Coolants Plant in China

Arteco Opens Coolants Plant in China

Lube Report Asia - March 15, 2024

Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for ...

India, China Biggest Base Oil Importers

India, China Biggest Base Oil Importers

Lube Report Asia - March 8, 2024

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...

Hi-Tech Lubricants Earnings Rise

Hi-Tech Lubricants Earnings Rise

Lube Report Asia - March 1, 2024

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment ...

Japan Lube Production Down, Sales Up

Japan Lube Production Down, Sales Up

Lube Report Asia - March 1, 2024

Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to dat ...

Additive

SI Enters Manufacturing Agreement in China

Lube Report Asia - March 1, 2024

SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical ...

Castrol India Posts Jump in Profits

Castrol India Posts Jump in Profits

Lube Report Asia - February 23, 2024

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- ...

Perstorp Opens Penta Plant in India

Perstorp Opens Penta Plant in India

Lube Report Asia - February 23, 2024

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regiona ...

Auto Sales Rose in India in 2023

Auto Sales Rose in India in 2023

Lube Report Asia - February 22, 2024

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 mi ...

Uzbek Company Buys Italian Blender

Uzbek Company Buys Italian Blender

Lube Report EMEA - February 20, 2024

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprin ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

South Korea Base Oil Exports Decreased

South Korea Base Oil Exports Decreased

Lube Report Asia - February 16, 2024

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the sa ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report Americas - February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report EMEA - February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Lack of Upkeep Hampers Turkmenbashi

Lack of Upkeep Hampers Turkmenbashi

Lube Report EMEA - February 13, 2024

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due ...

Additive

SKF Builds Equipment Factories in China

Lube Report Asia - February 9, 2024

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, las ...