Asia

Wavering lubricant demand dampened base oil consumption in Asia, while volatile crude oil and feedstock prices only added to the uncertainty. Base oil ...

As global environmental concerns and sustainability efforts continue to grow, many governments have started to implement more stringent regulations fo ...

Law enforcement over the weekend seized drums of counterfeit Castrol engine oil and packaging during a raid in the city of Bhadohi, Uttar Predesh prov ...

Slowing demand and plentiful supplies placed downward pressure on base oil prices in Asia, but some grades were insulated from the adjustments because ...

Base oils demand in Asia continued to be impacted by monsoon season in some countries, uncertainties over pricing in the coming months, crude oil and ...

S-Oil's Q2 base oil results were steady, while petrochemicals income offset poor refining returns.

Societal needs will drive lubricant industry changes, and Asia will see some of the most dramatic developments given the region’s population growth ...

Lubrizol Corp. announced plans to build a U.S. $200 million factory in India to make chemical additives for lubricants and automotive and industrial f ...

Economic uncertainties, heavy rain and flooding in some countries in the region, coupled with a perception that the market was becoming oversupplied w ...

Grease production in India will ramp up by almost 37% over the next six years, according to a Mumbai-based producer. Speaking at a recent industry co ...

The merger announced last week between SK Innovation and SK E&S will create the largest private energy company in the Asia-Pacific region, with as ...

Spot prices were steady to soft in Asia, as some base oil grades displayed signs of oversupply, while others remained tight. Demand has slowed down in ...

Chinese private refiner Bohui ceased operation of its aromatic extraction and treated distillate aromatic extract units after local tax authorities sl ...

Volkswagen and BMW may be able to persuade the European Commission to lower tariffs on the electric vehicles they make in China and import into Europ ...

Lubricant sales in Thailand are expected to recover to pre-Covid levels, said an official from the Department of Energy Business in Thailand. Thail ...

Base oil exports from South Korea tanked in June, falling 4% from the same month of 2023, when the quantity was also exceptionally meager.

Some segments of the base oils market showed lengthening availability, while others remained tight on account of limited output sources and reduced op ...

Slowing demand and high operating rates at most base oil plants – with the exception perhaps of China – led to oversupply conditions in some segme ...

The base oils market in Asia was being pulled in different directions, with growing base oil supplies exerting downward pressure on spot values, and c ...

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the facility’s production capaci ...