Asia

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Lower Expenses Boost Lub-rref Profit

Lube Report Asia - June 18, 2021

Bangladesh lubricant producer Lub-rref posted a 7% improvement in operating profit for the quarter ended March 31, thank ...

China Companies Aim to Replace Imports

China Companies Aim to Replace Imports

Lube Report Asia - June 18, 2021

Chinese lube industry leaders called for edging out imported products at the 2021 China Inter Lubric held on June 7 in S ...

Lithium Greases Rebound in China, India

Lithium Greases Rebound in China, India

Lube Report Asia - June 18, 2021

Lithium greases made a small comeback in 2020 in Asia’s two largest grease markets, according to the latest survey by ...

Profits Climb for Tide Water, GP

Profits Climb for Tide Water, GP

Lube Report Asia - June 11, 2021

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending Marc ...

Standard Greases Buys Chemicals Stake

Standard Greases Buys Chemicals Stake

Lube Report Asia - June 11, 2021

India’s Standard Greases and Specialties Pvt. earlier this week purchased a stake in Archit Organosys, which produces ...

Profits Up for Gulf, Apar

Profits Up for Gulf, Apar

Lube Report Asia - June 4, 2021

Gulf Oil Lubricants India Ltd. and Indian transformer oil supplier Apar Industries Ltd. both reported large increases in ...

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Tianjin Complex Will Have Lube Plant

Lube Report Asia - June 4, 2021

Sinopec announced recently that it is proceeding with plans to build a petrochemical refining complex in Tianjin, China, ...

Japan Lube Demand Rises Again

Japan Lube Demand Rises Again

Lube Report Asia - June 4, 2021

Finished lubricants consumption in Japan grew 22% year-to-year in April, compared to the same month last year. It marked ...

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Profits Up for KH Neo, Down for Yushiro

Lube Report Asia - May 28, 2021

In Japan, KH Neochem Co. reported higher first-quarter operating profit and sales for its performance materials segment, ...

South Korea Base Oil Exports Jump

South Korea Base Oil Exports Jump

Lube Report Asia - May 28, 2021

South Korea’s base oil export volume was much higher in April than in the same month last year, making the third conse ...

Profits up for Sri Lankan Lube Suppliers

Profits up for Sri Lankan Lube Suppliers

Lube Report Asia - May 21, 2021

Chevron Lubricants Lanka Plc. reported large increases in profit and sales for the quarter ending March 31, compared to ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

Lube Report Asia - May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

Grease Touted for Robot Joints

Grease Touted for Robot Joints

Lube Report Asia - May 14, 2021

Greases can offer advantages over gear oils in helping to prevent wear of precision reducers – known as RV reducers or ...

Fergana Refinery Up for Sale

Fergana Refinery Up for Sale

Lube Report EMEA - May 11, 2021

Uzbek authorities last week announced the government’s intention to sell the Fergana Oil Refinery LLC, the second-larg ...

Japan Lubes Demand Up Again

Japan Lubes Demand Up Again

Lube Report Asia - May 7, 2021

Finished lubricants consumption in Japan grew 15% year-to-year in March, the third month in the past four that output ex ...

Earnings Rise for Hi-Tech, MJL

Earnings Rise for Hi-Tech, MJL

Lube Report Asia - May 7, 2021

For the quarter ending March 31, MJL Bangladesh Ltd. and Pakistan’s Hi-Tech Lubricants both reported higher profit and ...

Pandemic Hammers India Auto Sales

Pandemic Hammers India Auto Sales

Lube Report Asia - May 7, 2021

For the fiscal year ending March 31, India’s domestic automotive sales declined for all segments, most sharply in the ...