Asia

Industrial Lube Sales Boost Copton

Industrial Lube Sales Boost Copton

Lube Report Asia - January 5, 2024

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 ...

India’s Base Oil Supply Base Set to Jump

India’s Base Oil Supply Base Set to Jump

Lube Report Asia - January 5, 2024

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil c ...

Welcome to Asia Unveiled

Welcome to Asia Unveiled

Lubes'n'Greases - January 2, 2024

Asia is an extremely diverse continent and so is the lubricants landscape in the region.

Japan Lube Production Fell in November

Japan Lube Production Fell in November

Lube Report Asia - December 29, 2023

Finished lubricant production in Japan declined 14%, while domestic sales increased 2% in November, compared to the same ...

PSP Reports Higher Profits

PSP Reports Higher Profits

Lube Report Asia - December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

Additive

Richful Receives Warning from Securities Bureau

Lube Report Asia - December 29, 2023

Richful Lube Additive Co. disclosed this week that it received a warning from securities officials who concluded that so ...

Lopal Posts Higher Sales Revenue

Lopal Posts Higher Sales Revenue

Lube Report Asia - December 22, 2023

Chinese lubricant marketer Lopal Tech Co. reported that increases in the average selling prices by its lubricants segmen ...

Aramco Buys Pakistan Channel for Valvoline

Aramco Buys Pakistan Channel for Valvoline

Lube Report Asia - December 22, 2023

Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified ...

Uzbekistan Base Oil Upgrade Delayed

Uzbekistan Base Oil Upgrade Delayed

Lube Report Asia - December 15, 2023

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, i ...

Profits Down for GS Caltex, Up for Michang

Profits Down for GS Caltex, Up for Michang

Lube Report Asia - December 15, 2023

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils busines ...

South Korea Base Oil Exports Slide in November

South Korea Base Oil Exports Slide in November

Lube Report Asia - December 15, 2023

South Korea exported 10% less base oil in November than in the same month of last year, and the reported value of the ex ...

China to Ban Short-Chain Chlorinated Paraffins

China to Ban Short-Chain Chlorinated Paraffins

Lube Report Asia - December 8, 2023

China’s government will prohibit the use of short-chain chlorinated paraffins beginning Jan. 1, aligning with numerous ...

Hi-Tech Lubricants’ Profits, Sales Rebound

Hi-Tech Lubricants’ Profits, Sales Rebound

Lube Report Asia - December 8, 2023

Blender Hi-Tech Lubricants reported strong rebounds in net profit and operating profit for its lubricants segment in the ...

Profits Up at Castrol India, Gulf, GP

Profits Up at Castrol India, Gulf, GP

Lube Report Asia - December 1, 2023

Crude oil price volatility, inflation and global uncertainties were among the factors cited by India lubricant companies ...

Additive

Arteco Builds Coolants Factory in China

Lube Report Asia - December 1, 2023

Citing opportunity in the booming electric vehicle market, Belgium-based Arteco announced recently that it is building a ...

Japan Lube Production Dipped in October

Japan Lube Production Dipped in October

Lube Report Asia - December 1, 2023

Japan’s production of finished lubricants decreased 3%, while domestic lubricant sales climbed 12% in October, accordi ...

Profits up for MJL, Eastern Lubricants

Profits up for MJL, Eastern Lubricants

Lube Report Asia - November 24, 2023

MJL Bangladesh and Eastern Lubricants Blenders reported large improvements in sales and profits for the quarter ended Se ...

Additive

BASF-YPC Makes Ethanolamines in China

Lube Report Asia - November 24, 2023

Sinopec and BASF recently inaugurated the downstream expansion of their petrochemicals joint venture in Nanjing, China ...