Asia

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Shell Expands Thai Grease Plant

June 28, 2024

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the ...

India Market Still Growing

India Market Still Growing

June 28, 2024

Lubricant demand in India, the world’s third-largest market, has grown to 3.11 metric tons per year and will continue ...

Palm Transformer Oil Project Advances

Palm Transformer Oil Project Advances

June 21, 2024

Biofuels producer BBGI Group, along with fellow Thailand-based partners SCG Chemicals and QTC Energy, announced successf ...

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South Korea Base Oil Imports Jump

June 21, 2024

South Korea’s base oil export volume jumped 21% in May, while the reported value of those exports increased 4%, compar ...

Michang Records Earnings Bump

Michang Records Earnings Bump

June 21, 2024

South Korean lubricants blender Michang Petroleum reported a 13% increase in net profit despite a 4% decline in sales re ...

China Offers Opportunities for PAO

China Offers Opportunities for PAO

June 14, 2024

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin bas ...

Hi-Tech Lubricants Lowers Loss

Hi-Tech Lubricants Lowers Loss

June 14, 2024

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine month ...

Saneg Targets Group I to Europe

Saneg Targets Group I to Europe

June 11, 2024

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it ...

Profits Rise for MJL Bangladesh

Profits Rise for MJL Bangladesh

June 7, 2024

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref ...

China, Taiwan Lock Horns Over Tariffs

China, Taiwan Lock Horns Over Tariffs

June 7, 2024

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports ...

Tide Water to Close German Unit

Tide Water to Close German Unit

June 4, 2024

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due t ...

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Japan Lube Output Down Again

May 31, 2024

Finished lubricant production in Japan fell by 11% in April as declines in exports continued to outpace upticks in domes ...

Profits Up at Gulf, Castrol India, Balmer

Profits Up at Gulf, Castrol India, Balmer

May 31, 2024

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal yea ...

Eneos Pilot Plant Makes Rerefined Oil

Eneos Pilot Plant Makes Rerefined Oil

May 31, 2024

Eneos announced on Wednesday that it has produced rerefined base oil  in a demonstration project, as part of its work i ...

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State-owned Company Buys Sapref

May 28, 2024

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell ...

Profit Up at PSP, Down at Lanka IOC

Profit Up at PSP, Down at Lanka IOC

May 24, 2024

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue ...

Kluber Expands India Lubes Plant

Kluber Expands India Lubes Plant

May 24, 2024

Kluber Lubrication announced it will expand its factory in Mysore, India, to increase the amount of specialty lubricants ...