Asia

Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base Oil in the third quarter, whil ...

Eneos Closes Group I Plant

October 28, 2022

Eneos Corp. closed the API Group I base oil plant at its Negishi refinery near Tokyo this month, part of a decision to permanently close most of the r ...

Richful Lube Additive Co. has proposed investing ¥1 billion (U.S. $138.3 million) to expand its lubricant additive factory in Xinxiang, China, instal ...

A petrochemical joint venture in China between China National Offshore Oil Corp. and Shell has licensed technology from Neste for a polyalphaolefin pl ...

Just when things looked like they were getting back to normal, the conflict in Ukraine prolonged base oil market uncertainty.

ExxonMobil is upgrading its lubricant blending plant in Tianjin, China, in response to projected long-term demand growth from Chinese customers, the c ...

BASF announced on Tuesday it will invest an undisclosed amount to build a neopentyl glycol plant with 80,000 metric tons per year capacity at its new ...

Moresco Corp. reported an 11% increase in sales revenue for its specialty lubricants segment and a 4% decline in sales for its synthetic lubricants se ...

Japan’s finished lubricants consumption surged up by 79%, and production was up 31% in August, compared to the same month last year, according to da ...

BASF and Hannong Chemicals have tentatively agreed to form a joint venture that would manufacture non-ionic surfactants in South Korea for metalworkin ...

Pakistan-based blender Hi-Tech Lubricants Ltd.’s consolidated net profit for the quarter ended June 30 was down by more than 900%, while sales were ...

Additives manufacturer SI Group is expanding production capacity at its Rasal, India, factory for antioxidants used in lubricants and greases, and wil ...

Hindustan Petroleum Corp. Ltd. reported that its lubricant sales declined 12% in fiscal year 2021-2022 as it dealt with constraints that included avai ...

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 2021 – led by India, Indonesia ...

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. say it plans to expand its pro ...

Sinopec’s Yanshan Petrochemical is installing a production line to make butylene oxide, a chemical intermediate used to make lubricant additives alo ...

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating loss and an 8% decline in sales for the first half of ...

War Disrupts Azerbaijan Market

September 20, 2022

Azerbaijan’s finished lubricant imports volume grew more than 60% in the first half of 2022, driven by a growing shortage of Russian base oils for d ...

South Korea Export Volume Dips

September 16, 2022

The volume of base oil exported by South Korea fell 3% in August, compared to the same month last year, while the declared value of the exported base ...

The volume of lubricant additives imported into Russia fell more than 70% in March, following the country’s invasion of Ukraine, but rebounded to a ...