Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubricants businesses, while Hyundai ...

Aminol, one of the largest lubricant marketers in Azerbaijan, produced 46,000 metric tons of finished products in 2023, most of which shipped to forei ...

Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a drone purportedly launched by ...

SK Enmove and Hyundai Motor Group entered an agreement last week to jointly develop refrigerants for heating and cooling the passenger compartment in ...

Hongrun Petrochemical Technology Co. has commissioned a white oil project that includes an API Group III plant at its oil refinery in Weifang, Shandon ...

Japan’s finished lubricant demand edged up 1% in 2023, while its lubricants production declined 6%, according to data released Jan. 31 by a governme ...

Despite soft demand due to economic uncertainties affecting several countries in Asia, some base oil prices have edged up because of tightening condit ...

Japan's Moresco reported an 8% rise in specialty lubricant sales and a 31% decline in synthetic lubricant sales for the nine months ending Nov. 30. Fa ...

Fuchs Lubricants China Ltd. recently signed a strategic cooperation agreement with Anhui Zhongding Intelligent Thermal Management Systems Co. for a lo ...

India’s state-owned oil marketing company Hindustan Petroleum Corp. Ltd. has hired a consultant to advise on a spin-off of its lubricants business t ...

Base oil demand remained generally sluggish in Asia, with suppliers finding difficulties in explaining the reasons for the lack of vitality. Some attr ...

South Korea’s base oil export volume jumped 27% in December, and the declared value of the oils exported was up 29%, according to government data re ...

Sinopec’s finished lubricant arm has completed the main parts of the first phase of an expansion and upgrade of its factory in Tianjin, China – a ...

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with catalysts provided by the Dan ...

Despite expectations that the ongoing transportation disruptions in the Red Sea and delays in the Panama Canal would place upward pressure on base oil ...

Japan’s registrations for sales of new passenger cars, trucks and buses rose 14% in 2023, while registrations for sales of new motorcycles increased ...

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales for the quarter ending Dec. 31 ...

A majority of base oil prices remained under downward pressure given plentiful supplies and sluggish demand, but some grades were tighter, supporting ...

Richful Lube Additive Co. last month announced delays for two major projects – the upgrading of a lubricant additives plant and construction of a ne ...

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 last year. A decrease in autom ...