Asia

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Indian Oil Plans Gujarat Base Oil Plant

Lube Report Asia - October 16, 2020

Indian Oil Corp. Ltd. plans to construct a 235,000 metric ton per year base oil plant at its Gujarat, India, refinery as ...

BASF Expands Esters Plant in China

BASF Expands Esters Plant in China

Lube Report Asia - October 16, 2020

BASF said Monday that it will almost double synthetic ester base stocks production capacity at its Jinshan, China, site ...

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Hindustan Petroleum Sales Rise

Lube Report Asia - October 9, 2020

Hindustan Petroleum Corp. Ltd. reported that its lubricant sales edged up 0.7% in fiscal year 2019-2020, as it makes a p ...

China-U.S. Trade War Drags On

China-U.S. Trade War Drags On

Lube Report Asia - October 9, 2020

As the trade war between the United States and China approaches its third anniversary, there is little sign of resolutio ...

Asia Still Rules for Motorcycle Oils

Asia Still Rules for Motorcycle Oils

Lube Report Asia - October 9, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

Asian Base Oils Show Signs of Recovery

Asian Base Oils Show Signs of Recovery

Lube Report Asia - October 2, 2020

While most base oil markets in Asia are on a path to recovery following the damage inflicted by the coronavirus pandemic ...

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Gulf Makes Lubes for S-Oil

Lube Report Asia - October 2, 2020

Gulf Oil Lubricants International Ltd. has agreed to manufacture and market S-Oil lubricants in India – a deal that wi ...

Firm Forecasts Quick Recovery in India

Firm Forecasts Quick Recovery in India

Lube Report Asia - September 25, 2020

India’s economic recovery from COVID-19 lockdowns is progressing, with encouraging signs in automotive, industrial and ...

China’s Energy Demand Continues Upward Creep

China’s Energy Demand Continues Upward Creep

Lube Report Asia - September 25, 2020

Despite slowing demand growth, China will remain the world’s largest primary energy consumer out to 2050, growing by a ...

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Ruling Against Hi-Tech Ads Dismissed

Lube Report Asia - September 25, 2020

Pakistan’s chief competition authority this month set aside an earlier finding that Hi-Tech Lubricants Ltd. engaged in ...

Commercial Segment Rises in China

Commercial Segment Rises in China

Lube Report Asia - September 18, 2020

China’s commercial vehicle lubricant market is showing signs of recovery thanks to increases in distances traveled, ac ...

Profits Drop at Lanka IOC, Petronas

Profits Drop at Lanka IOC, Petronas

Lube Report Asia - September 18, 2020

Lubricant supplier Lanka IOC reported a steep net loss, and the lubricants business segment of Malaysian state-owned oil ...

Valvoline’s China Blending Plant Completed

Valvoline’s China Blending Plant Completed

Lube Report Asia - September 18, 2020

Fluor Corp. announced on Sept. 15 that it safely achieved mechanical completion of Valvoline’s lubricants blending pla ...

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Tianhe, Wei Accused of Misconduct

Lube Report Asia - September 11, 2020

Hong Kong’s securities regulator filed a complaint Wednesday accusing Tianhe Chemicals Group and its executive directo ...

Mixed Results for Indian Companies

Mixed Results for Indian Companies

Lube Report Asia - September 11, 2020

For the quarter ending June 30, India’s GP Petroleums and Apar Industries posted net losses, Castrol India and Savita ...

Shanghai Group to Set Local Standards

Shanghai Group to Set Local Standards

Lube Report Asia - September 4, 2020

The rapid emergence of electric vehicles in China highlights the need for standards for lubricants and other chemicals f ...