Asia

Additive

Georgia Said to Favor Cheaper Imports

Lube Report EMEA - January 25, 2022

Georgia imported 18,860 tons of motor oils in 2021, a 1.2% drop compared to the year before, and a trade organization sa ...

Additive

Moresco Specialty Lube Sales Rise

Lube Report Asia - January 21, 2022

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and slightly highe ...

Japan Auto Sales Remain Behind 2019

Japan Auto Sales Remain Behind 2019

Lube Report Asia - January 21, 2022

Domestic vehicles sales in Japan last year were down slightly from 2020 and remained well behind 2019, according to data ...

Korea Base Oils Finish Strong Year

Korea Base Oils Finish Strong Year

Lube Report Asia - January 21, 2022

South Korea exported more than 400,000 metric tons of base oil at a value of more than $425 million in December, marking ...

Additive

Malaysia Updates Biodiesel Timeline

Lube Report Asia - January 14, 2022

Malaysia aims to fully switch to B20 diesel by the end of this year, according to a Reuters report, completing a transit ...

Wind Energy Opportunity Seen in China

Wind Energy Opportunity Seen in China

Lube Report Asia - January 14, 2022

The falling costs for wind energy turbines in China, where high coal prices have caused a number of power shortages duri ...

China Halts Lube Imports from Russia

China Halts Lube Imports from Russia

Lube Report EMEA - January 11, 2022

China recently halted land-based import of a variety of Russian products, including finished lubricants, after authoriti ...

Reseachers Plug Nano-copper Particles

Reseachers Plug Nano-copper Particles

Lube Report Asia - January 7, 2022

Researchers at two China universities said recently that nano-copper particles show early promise to become part of a ne ...

Eastern Feasted on Base Oil Trading

Eastern Feasted on Base Oil Trading

Lube Report Asia - January 7, 2022

Eastern Lubricants Blenders Ltd.’s profit jumped more than ten-fold for its fiscal year ended in mid-2021, thanks to a ...

Japan Demand Fell in November

Japan Demand Fell in November

Lube Report Asia - December 31, 2021

Japan’s finished lubricant demand dropped by more than 10% in November, compared to the same month last year, but was ...

Additive

Richful Plans More Additive Capacity

Lube Report Asia - December 31, 2021

Already in the midst of building its second factory, Richful Lube Additive Co. last week unveiled plans to expand its ex ...

KH Neochem Approves Expansion

KH Neochem Approves Expansion

Lube Report Asia - December 31, 2021

The board of directors of Japan’s KH Neochem Co. decided on Dec. 27 to invest ¥9.5 billion at its manufacturing plant ...

CNOOC Taizhou Introduces Group III

CNOOC Taizhou Introduces Group III

Lube Report Asia - December 24, 2021

State-owned energy company China National Offshore Oil Corp. has begun producing API Group III base oils at its refinery ...

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Zhongsheng Gaoke Profits Fall

Lube Report Asia - December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on reve ...

Korea Base Oils Remain on Rise

Korea Base Oils Remain on Rise

Lube Report Asia - December 24, 2021

South Korea’s base oil export volume for November was well above the same month last year. Monthly exports again toppe ...

Copton Up Through Three Quarters

Copton Up Through Three Quarters

Lube Report Asia - December 17, 2021

Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine mo ...

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Battery Maker Enters Lubes Business

Lube Report Asia - December 10, 2021

The rise of electric vehicles has a few lubricant companies looking to branch into aspects of EVs that have nothing to d ...