Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which will be located at the Sumgait ch ...

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant ...

An industry association in Turkmenistan recently opened a finished lubricant factory, according to a news release by the Turkmen state news agency THP ...

Steady demand against adequate inventories continued to support prices in Asia. Despite some markets showing less vigorous conditions than others, upc ...

Copton Tech reported that its net profit plunged 92% and that its operating income fell 20% in the fourth quarter, while full-year net profit fell 63% ...

The month of April is coming to an end without significant price fluctuations in Asia, as a balanced supply and demand scenario lent support to the pr ...

Finished lubricant sales in Japan jumped to 176,282 kiloliters in March, the highest level in six months and 38% higher than March of 2022. Lubricant ...

Jiangsu Lopal Tech Co. reported a 26% decline in operating income and a 36% drop in sales volumes for its lubricants segment for 2022. According to it ...

South Korean lubricants blender Michang Oil reported a 2% decline in net profit and a 1% decrease in sales for the fourth quarter of last year, while ...

South Korea exported 1% less base oil, and the declared export value was up 6% in March, compared to the same month last year, according to data relea ...

Steady demand and adequate availability of most base oil grades supported generally stable spot pricing in Asia. Both buyers and sellers were keeping ...

Hindustan Petroleum Corp. Ltd. signed an agreement with a unit of United States-based Chevron Corp. to manufacture and sell its lubricant products in ...

As part of a strategy to grab a bigger share of Indonesia’s lubricant market, ExxonMobil plans to double the size of its local manufacturing plant, ...

China’s Richful Lube Additives reported that its lubricant additives operating income surged 188% in 2022, while its overall net profit spiked more ...

Chinese metalworking fluid manufacturers must make big changes in how they run businesses to survive, as they are increasingly pressured by uncertaint ...

While suppliers would like to see a significant increase in demand, they appeared fairly content with the fact that consumption levels have been healt ...

Japan’s finished lubricants consumption declined 12%, and its production increased 3% in February, while lubricant exports dropped by 17%, compared ...

Citing the opportunity of a growing market, ExxonMobil announced Friday that it will invest nearly Rs 900 crore to build a lubricant manufacturing pla ...

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and t ...

Base oils demand seemed to have reached a plateau, with many buyers holding off on acquiring additional volumes as fundamentals appeared muddled. Stee ...