Asia

Profits Jump for Sri Lankan Companies

Profits Jump for Sri Lankan Companies

Lube Report Asia - June 24, 2022

Chevron Lubricants Lanka Plc. reported hefty increases in profit and sales for the quarter ending March 31, and Lanka IO ...

Maximus Posts Bullish Earnings

Maximus Posts Bullish Earnings

Lube Report Asia - June 17, 2022

Indian lubricants blender Maximus International Ltd. said it had weathered supply chain disruption, competitiveness in p ...

South Korea Base Oil Exports Rise

South Korea Base Oil Exports Rise

Lube Report Asia - June 17, 2022

South Korea’s base oil export volumes rebounded in May, almost 20% higher than in the same month last year, ending a t ...

GP Moving on from Pandemic

GP Moving on from Pandemic

Lube Report Asia - June 17, 2022

GP Petroleums Ltd. Chief Executive Prashanth Achar spoke to Lube Report about navigating and learning from the coronavir ...

Cosmo Product Gains Biomass Mark

Cosmo Product Gains Biomass Mark

Lube Report Asia - June 10, 2022

Cosmo Energy Holdings Co. announced recently that its Carboneut-brand 10W-30 diesel engine oil became the first engine o ...

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Lopal Ramps Up Battery Materials Strategy

Lube Report Asia - June 10, 2022

Chinese lubricant marketer Lopal Technology Co. said recently that it is accelerating its previously stated strategy of ...

Raw Material Prices Impact Earnings

Raw Material Prices Impact Earnings

Lube Report Asia - June 10, 2022

Raw material prices were a common theme in the earnings of Japan’s KH Neochem and Yushiro Chemical for the quarter end ...

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Azelis Acquires India Distributors

Lube Report Asia - June 3, 2022

Specialty chemicals distributor and service provider Azelis reached agreements to buy two related distributors in India ...

Lube Production Jumps in Japan

Lube Production Jumps in Japan

Lube Report Asia - June 3, 2022

Japan’s lubricants production and domestic lubricant demand both surged by almost 50% in April, compared to the same m ...

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Apar Rides Economy to Better Profits

Lube Report Asia - June 3, 2022

Indian transformer oil supplier Apar Industries reported large increases in net profit and in revenues from its transfor ...

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Chevron Lanka Criticizes Government

Lube Report Asia - May 27, 2022

The CEO of Chevron Lubricants Lanka recently criticized the government’s management of the lube industry, questioning ...

South Korea Base Oil Exports Drop

South Korea Base Oil Exports Drop

Lube Report Asia - May 27, 2022

South Korea’s base oil export volumes dropped almost 20% in April, continuing a trend of year-on-year flat or lower mo ...

Travel Rebound Boosts Gulf’s Sales

Travel Rebound Boosts Gulf’s Sales

Lube Report Asia - May 27, 2022

Gulf Oil Lubricants India Ltd. reported improved quarterly revenues and sales volumes for the quarter ended March 31 and ...

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Base Oils Not Affected by S-Oil Explosion

Lube Report Asia - May 20, 2022

One person died and nine were injured Thursday night in an explosion at S-Oil’s refinery in Onsan, South Korea. The in ...

China Drafts Heavy-duty Gas Engine Oil Spec

China Drafts Heavy-duty Gas Engine Oil Spec

Lube Report Asia - May 13, 2022

A draft standard for lubricants for heavy-duty engines running on natural gas has cleared the project review stage and b ...

Mixed Results for Korean Base Oil Refiners

Mixed Results for Korean Base Oil Refiners

Lube Report Asia - May 6, 2022

S-Oil reported a slight increase in profits for its base oil and lubricants business for the quarter ending March 31, wh ...

Blenders Grapple with China’s Lockdowns

Blenders Grapple with China’s Lockdowns

Lube Report Asia - May 6, 2022

Companies in China’s lubricant industry are striving to continue delivering products to clients during stringent gover ...