Asia

Chinese Blenders Aim to Differentiate

Chinese Blenders Aim to Differentiate

Lube Report Asia - April 26, 2024

Major Chinese blenders believe investing in differentiation, efficiency and expansion is the only way to attract big cli ...

Aramco Considers Stake in Hengli

Aramco Considers Stake in Hengli

Lube Report Asia - April 26, 2024

Saudi Aramco said this week that it may take a minority stake in a Chinese oil company – a deal that would give it an ...

China Diesel Oil Spec Nears Adoption

China Diesel Oil Spec Nears Adoption

Lube Report Asia - April 19, 2024

China is close to approving D1, the nation’s first diesel engine oil performance specification, a speaker from China N ...

Additive

ExxonMobil Enlists EMB for South China

Lube Report Asia - April 19, 2024

ExxonMobil has reached an agreement for its base stocks to be distributed in South China by EMB, a joint venture that al ...

China Base Oil Exports on the Rise

China Base Oil Exports on the Rise

Lube Report Asia - April 12, 2024

China has for years been the world’s largest importers of base oils and barely an exporter, but both of those numbers ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

Lube Report Asia - April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

SK Forms Another Coolant Tie-up

SK Forms Another Coolant Tie-up

Lube Report Asia - April 12, 2024

SK Enmove has entered another partnership to develop and supply immersion coolants for data centers – this time teamin ...

Japan Bans Motor Oil Exports to Russia

Japan Bans Motor Oil Exports to Russia

Lube Report Asia - April 5, 2024

Japan’s Cabinet today expanded a ban on exports to Russia, adding 164 items to the list of prohibited items, including ...

Richful Lube Additives Sales Decline

Richful Lube Additives Sales Decline

Lube Report Asia - April 5, 2024

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overal ...

CNOOC to Add Blending Plant in Taizhou

CNOOC to Add Blending Plant in Taizhou

Lube Report Asia - April 5, 2024

China National Offshore Oil & Gas signed an agreement last month to build a large blending plant in Taizhou, Jiangsu ...

Apar Forms Saudi Arabia Subsidiary

Apar Forms Saudi Arabia Subsidiary

Lube Report EMEA - April 2, 2024

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to pr ...

Fortune Favors the Diversified: Alt-Asia’s Rise

Fortune Favors the Diversified: Alt-Asia’s Rise

Lubes'n'Greases - April 1, 2024

Asian countries outside of China are becoming increasingly appealing to lubricant companies looking to diversify their s ...

Rerefining On the Rise in China

Rerefining On the Rise in China

Lube Report Asia - March 29, 2024

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base o ...

Japan’s Lube Production Declines

Japan’s Lube Production Declines

Lube Report Asia - March 29, 2024

Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according t ...

Yip’s Lube Profits Rebounded in 2023

Yip’s Lube Profits Rebounded in 2023

Lube Report Asia - March 29, 2024

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – aft ...

Georgia Lube Imports Rose in 2023

Georgia Lube Imports Rose in 2023

Lube Report EMEA - March 26, 2024

Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a tr ...