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 ...

Lubricant demand in India, the world’s third-largest market, has grown to 3.11 metric tons per year and will continue expanding, a Hindustan Petrole ...

Biofuels producer BBGI Group, along with fellow Thailand-based partners SCG Chemicals and QTC Energy, announced successful testing of their palm oil-b ...

South Korea’s base oil export volume jumped 21% in May, while the reported value of those exports increased 4%, compared to the same month last year ...

Lengthening availability of most base oil grades against shrinking demand continued to place pressure on prices in Asia, with some spot indications ed ...

South Korean lubricants blender Michang Petroleum reported a 13% increase in net profit despite a 4% decline in sales revenue for the quarter ended Ma ...

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportuniti ...

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine months ended March 31, despite a dr ...

A seasonal slowdown and growing supplies have started to exert downward pressure on spot prices in Asia. However, some grades remained tighter than ot ...

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it has improved the quality of i ...