Asia

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating profit for the first half of the year – rebounding f ...

Asia Base Oil Price Report

September 15, 2023

Base oil market participants were keeping a watchful eye on crude oil and feedstock prices, as rising values were exerting pressure on base oils, but ...

Asia Base Oil Price Report

September 8, 2023

Firm crude oil and feedstock prices and tightening supplies either offered support to current price ideas or pushed prices higher for a majority of AP ...

Higher sales and increased revenue from other sources helped Tide Water Oil (India) Ltd. post a 12% increase in net profit for the quarter ending June ...

Japan Lube Consumption Rises

September 8, 2023

Japan’s consumption of finished lubricants increased 7%, while production and exports of lubes fell 13% and 27%, respectively, in July, according to ...

As competition ramps up for business with original equipment manufacturers, Chinese lubricant companies are working to differentiate themselves while ...

China in Your Hand

September 6, 2023

China has become a powerhouse country. As such, it has the ability to make or break global sustainability efforts.

An updated motorcycle oil specification is set to hit the market soon. What’s new, and how might the new standard affect lubricant marketers?

Asia Base Oil Price Report

September 1, 2023

Base oil prices were generally stable-to-higher in Asia, supported by firm crude oil and feedstock prices amid a tightening supply and demand balance. ...

Operating profit for Lanka IOC plummeted 80% for the quarter ended June 30 due to a steep increase in cost of sales, while Chevron Lubricants Lanka Pl ...

Amid a weak economy that is on the brink of deflation, Chinese blenders are keen to seek alternative options to keep their businesses running, includi ...

Japanese specialty lubricant producer Moresco Corp said this week that it will buy out its partner in a specialty lube joint venture in Wuxi, China, b ...

Japanese specialty lubricant manufacturer Moresco Corp. expanded its die casting lubricant market and production capabilities with the acquisition of ...

The competitiveness of Kazakhstan lubricant makers against Russian counterparts suffered because of the high duties paid by the former to export produ ...

SK Enmove on Wednesday announced the signing of a memorandum with Dell Technologies and GRC to develop immersion cooling systems for computer data cen ...

Asia Base Oil Price Report

August 25, 2023

Economic uncertainties in China raised concerns about the well-being of other Asian nations, as the second largest economy in the world has significan ...

SK Enmove today announced a memorandum of understanding with computer maker Dell Technologies and United States-based GRC to encourage the spread of l ...

Chinese lubricant manufacturer Luroda recently acquired GS Caltex’s 65% share in their joint venture blending plant in Tianjin, China, becoming the ...

Asia Base Oil Price Report

August 18, 2023

The base oils market in Asia seemed to be going through a transition, with recent trends becoming less obvious and some segments taking a new directio ...

South Korea exported 34% less base oil in July, and the reported value plunged 48%, compared to the same month last year, the Korea Customs Service re ...