Base oil prices were generally maintained at unchanged levels in Asia, although there was downward pressure on some segments as demand was starting to ...

South Korea exported 13% more base oil at a 10% higher declared value in April, compared to the same month last year, posting the second highest numbe ...

In a nod to India’s growing lubricant market, Bharat Petroleum Corp. Ltd. said this week that it will construct a new finished lubricant blending pl ...

Protecting and managing margins was a common theme for several India companies announcing financial results for the quarter and fiscal year ending Mar ...

With the warmer temperatures, base oil demand has heated up in some countries, but it typically cools down in some others such as the key market China ...

India’s automotive lubricant market has a new player – the country’s largest manufacturer of braking systems. Brakes India Ltd. announced its en ...

Base oil prices were stable to soft in Asia on balanced supply and demand, and despite tightening availability of certain grades due to ongoing or imm ...

First quarter operating profits for SK Enmove and GS Caltex’s base oils and lubricants division jumped 22% and 77% compared to the same period of la ...

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 ...