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 ...

High coal prices caused a number of power shortages during 2021, and this could represent a growth opportunity for the country’s wind industry becau ...

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business had an operating loss in 2022 on 10% lower sales revenue, falling from a strong ...

Lubricant demand in the Asia-Pacific region is expected to grow out to 2035, driven by an expanding middle class in India and Southeast Asia, official ...

Georgia imported 22,000 metric tons of finished lubricants in 2022, a 15% increase from 19,000 tons in 2021, according to Georgia’s Association for ...

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I base stocks decreasing signif ...

Eneos joined with environmental consultancy Wastebox and IT specialists NTT Data to work out how to calculate the carbon footprint for its products, i ...

Yushiro Chemical posted lower operating income for the quarter ending Dec. 31, and KH Neochem’s performance materials segment had lower operating in ...

South Korea exported 29% more base oil in February, and the recorded value of those shipments jumped 36%, compared to results in the same month last y ...

Shell and China National Offshore Oil Co. are moving forward with plans to begin producing linear alpha olefins at their joint venture chemical refine ...

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom line for the full year, while ...

Japan’s consumption of finished lubricants jumped 28%, and its lubricants production increased 17%, while lube imports dropped 37% in January, accor ...

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made margin-balancing challenging for ...