Asia

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ending March 31, while joint v ...

Finished lubricant production in Japan fell 22%, and domestic lubricant sales declined 13% in March, according to data released Tuesday by a governmen ...

Supply and demand fundamentals in several base oil segments were balanced-to-tight, allowing for prices to remain on a steady course or edge up slight ...

United States-based D-A Lubricant Co. announced it will establish its brand in Asia through a new partnership with Chinese lubricant toll blender Shan ...

Major Chinese blenders believe investing in differentiation, efficiency and expansion is the only way to attract big clients, speakers said at a side ...

Saudi Aramco said this week that it may take a minority stake in a Chinese oil company – a deal that would give it an interest in yet another base o ...

Increased availability of some base oil grades was starting to exert downward pressure on prices in Asia, but values for most cuts were steady-to-firm ...

A tightening supply and demand scenario in some segments of the Asian market drove prices to steeper levels, while other segments showed little fluctu ...

China is close to approving D1, the nation’s first diesel engine oil performance specification, a speaker from China National Petroleum Corp. said a ...

ExxonMobil has reached an agreement for its base stocks to be distributed in South China by EMB, a joint venture that already performs similar functio ...

China has for years been the world’s largest importers of base oils and barely an exporter, but both of those numbers are now trending in the opposi ...

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 2023, citing impacts of higher in ...

SK Enmove has entered another partnership to develop and supply immersion coolants for data centers – this time teaming with sister company SK Telec ...

Asia base oil prices remained exposed to upward pressure from steeper crude oil and feedstock prices, along with tighter supply and demand conditions. ...

Japan’s Cabinet today expanded a ban on exports to Russia, adding 164 items to the list of prohibited items, including automotive engine oils.

Firm crude oil and feedstock prices, coupled with snug supply and healthy demand continued to buoy spot base oil prices in Asia. Even though values ha ...

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overall net profit rose on lower sal ...

China National Offshore Oil & Gas signed an agreement last month to build a large blending plant in Taizhou, Jiangsu province, significantly incre ...

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to produce lubricants for equipment ...

Asian countries outside of China are becoming increasingly appealing to lubricant companies looking to diversify their supply chains.