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.

Base oil prices were generally higher in Asia on increasing buying interest and tighter availability, but values in some pockets of the market were st ...

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...

Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according to data released today by a gov ...

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – after an operating loss in 2022 � ...

Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a trade organization.

A tighter supply scenario and improved demand continued to support base oil assessments in Asia, although pricing in some segments has begun to unrave ...

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease in sales revenue. In the fourt ...

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has long been one of the world’s ...

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. Meanwhile, MJL Bangladesh repo ...

Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few base stocks saw increases as ...

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...