Asia

In COVID’s Wake, Maximus Expands

In COVID’s Wake, Maximus Expands

Lube Report Asia - September 23, 2022

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. ...

Additive

Butylene Oxide Plant Being Built in China

Lube Report Asia - September 23, 2022

Sinopec’s Yanshan Petrochemical is installing a production line to make butylene oxide, a chemical intermediate used t ...

Yip’s Chemical Posts Operating Loss

Yip’s Chemical Posts Operating Loss

Lube Report Asia - September 23, 2022

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating loss and an 8% decline i ...

War Disrupts Azerbaijan Market

War Disrupts Azerbaijan Market

Lube Report EMEA - September 20, 2022

Azerbaijan’s finished lubricant imports volume grew more than 60% in the first half of 2022, driven by a growing short ...

South Korea Export Volume Dips

South Korea Export Volume Dips

Lube Report Asia - September 16, 2022

The volume of base oil exported by South Korea fell 3% in August, compared to the same month last year, while the declar ...

Additive

Russia Shifts to Chinese Additive Imports

Lube Report EMEA - September 13, 2022

The volume of lubricant additives imported into Russia fell more than 70% in March, following the country’s invasion o ...

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Jalos Studies Lube Test Methods

Lube Report Asia - September 9, 2022

Japan Lubricating Oil Society recently reported results of studies that it completed into the accuracy of test methods f ...

China’s Carbon Ambitions May Boost mPAOs

China’s Carbon Ambitions May Boost mPAOs

Lube Report Asia - September 9, 2022

China aims to reach carbon neutrality by 2060, which will likely offer opportunities for metallocene polyalphaolefin as ...

Japan Lube Consumption Falls

Japan Lube Consumption Falls

Lube Report Asia - September 2, 2022

Finished lubes consumption in Japan fell 7%, while production edged up 3% in July, and lubricant imports fell more than ...

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Japan to Develop Base Oil Rerefining

Lube Report Asia - September 2, 2022

Eneos Corp. is conducting a two-year study on recycled waste lubricants to help establish supply of rerefined base oil i ...

Is India a Land of Opportunity for Lubricants?

Is India a Land of Opportunity for Lubricants?

Lubes'n'Greases - September 1, 2022

The Indian lubricants market took a big hit during the pandemic. How has it bounced back, and how might it grow in the n ...

Study Says India Market Recovered

Study Says India Market Recovered

Lube Report Asia - August 26, 2022

Lubricant demand in India – including process oils – rebounded to 2.8 million metric tons in 2021 and is expected to ...

Thai Oil Earnings Fell in Second Quarter

Thai Oil Earnings Fell in Second Quarter

Lube Report Asia - August 26, 2022

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period ...

South Korea Export Amounts Drop

South Korea Export Amounts Drop

Lube Report Asia - August 26, 2022

South Korea exported 7% less base oil in July than in the same month last year, but the declared value of those oils was ...

Transmission Fluids Change to Meet EV Needs

Transmission Fluids Change to Meet EV Needs

Lube Report Asia - August 19, 2022

Chinese consumers’ rapid adoption of electric vehicles offers opportunities for suppliers of transmission fluids to me ...

Japan Explores Base Oil Rerefining

Japan Explores Base Oil Rerefining

Lube Report Asia - August 12, 2022

In an effort to reduce reliance on virgin base oils and to cut down on greenhouse gas emissions, the Japanese government ...

India Firms Thrive Despite Conditions

India Firms Thrive Despite Conditions

Lube Report Asia - August 12, 2022

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions e ...