Asia

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Hengmei to Build Lube Plant in Pakistan

Lube Report Asia - September 17, 2021

Chinese grease producer Hengmei Technology Grease Co. still plans to establish a lubricant blending plant in Pakistan’ ...

Hi-Tech Posts Higher Profits

Hi-Tech Posts Higher Profits

Lube Report Asia - September 17, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. reported higher consolidated net profit for the quarter and for the fisca ...

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Lub-rref to Build Group II Rerefinery

Lube Report Asia - September 10, 2021

Lub-rref announced that it will redirect most of the funds from its initial public stock offering to build a second wast ...

Hindustan Petroleum Sales Down

Hindustan Petroleum Sales Down

Lube Report Asia - September 10, 2021

Hindustan Petroleum Corp. Ltd. reported that its sales of lubricants and greases declined 2% for the 2020-2021 fiscal ye ...

Profits Up for Chevron Lanka

Profits Up for Chevron Lanka

Lube Report Asia - September 10, 2021

Chevron Lubricants Lanka Plc reported increases in profits and sales for the quarter ending June 30, compared to the sam ...

Japan Lubes Output Keeps Climbing

Japan Lubes Output Keeps Climbing

Lube Report Asia - September 3, 2021

Japan’s lubricant consumption and production were both higher in July than in the same period last year and remained a ...

China Center to Develop Additives, Lubes

China Center to Develop Additives, Lubes

Lube Report Asia - September 3, 2021

An independent Chinese refiner and an academic institution have agreed to establish a research center to develop lubrica ...

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July Strong for South Korean Base Oils

Lube Report Asia - August 27, 2021

South Korea exported a greater volume of base oils in June, compared to the same month last year, while the declared exp ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - August 27, 2021

GS Caltex’s lube division, Thai Oil Group’s base oil business and KH Neochem’s performance materials segment all r ...

Gulf to Explore E-mobility

Gulf to Explore E-mobility

Lube Report Asia - August 27, 2021

Gulf Oil Lubricants India Ltd. signaled in a recent press release that it may move into the e-mobility space. With India ...

Profits Down for Tide Water, Up for Gulf

Profits Down for Tide Water, Up for Gulf

Lube Report Asia - August 20, 2021

For the quarter ending June 30, Tide Water Oil reported a decrease in profit, while Gulf Oil Lubricants India, Maximus I ...

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Laya Opens Blending Plant in China

Lube Report Asia - August 13, 2021

An operator of a chain of automobile maintenance stores announced last week that it has opened one of the largest privat ...

Profits Fall for GP, Jump for Balmer

Profits Fall for GP, Jump for Balmer

Lube Report Asia - August 13, 2021

India’s GP Petroleums reported a steeper net loss for the quarter ended June 30, while the lubricants unit of Balmer L ...

BASF-Sinopec Expands Chemicals Site

BASF-Sinopec Expands Chemicals Site

Lube Report Asia - August 13, 2021

BASF and Sinopec last week announced plans to expand their 50-50 joint venture Verbund site in Nanjing, China, to increa ...

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Japan Demand Jumped in First Half

Lube Report Asia - August 6, 2021

Japan’s lubricant consumption and production were both more than 20% higher in June than in the same period last year, ...

Profits up for SK, Castrol India, Apar

Profits up for SK, Castrol India, Apar

Lube Report Asia - August 6, 2021

Profits for South Korean base oil refiner SK Lubricants skyrocketed more than 500% for the quarter ended June 30, and pr ...

Profits Up for S-Oil, Hyundai Shell

Profits Up for S-Oil, Hyundai Shell

Lube Report Asia - July 30, 2021

South Korean refiner S-Oil’s base oil business and Hyundai Shell Base Oil both reported large increases in profits and ...