Asia

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, ...

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

Asia Base Oil Price Report

February 16, 2024

Some base oil prices continued to show signs of strengthening, propelled by steady demand and tightening supplies, while others remained on a downward ...

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the same month last year, according ...

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due to a halted project to modern ...

Asia Base Oil Price Report

February 9, 2024

Base oil prices in Asia were swayed by divergent currents, with some values moving up on tighter supply, and others falling due to sluggish demand and ...

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, last month. It is one of several ...

Profits Down at SK, S-Oil

February 9, 2024

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 ...

Asia Base Oil Price Report

February 2, 2024

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 ...