Asia

India’s GP Petroleums reported a steeper net loss for the quarter ended June 30, while the lubricants unit of Balmer Lawrie and Savita Oil posted hu ...

BASF and Sinopec last week announced plans to expand their 50-50 joint venture Verbund site in Nanjing, China, to increase capacities of several downs ...

Profits for South Korean base oil refiner SK Lubricants skyrocketed more than 500% for the quarter ended June 30, and profits climbed for Indian lubri ...

Japan’s lubricant consumption and production were both more than 20% higher in June than in the same period last year, while the totals for each in ...

South Korean refiner S-Oil’s base oil business and Hyundai Shell Base Oil both reported large increases in profits and sales revenue for the quarter ...

Although South Korea exported a smaller volume of base oils in June, compared to the same month last year, the declared export value more than doubled ...

Automobile distributor Ifad Group was recently allotted 30 acres in a Bangladesh industrial park where it plans to build a manufacturing complex that ...

SK Lubricants said Wednesday that it has begun making containers from recycled plastics for its top-selling automotive lubes – part of its ongoing e ...

India implemented a temporary cut in the duty charged on palm oil imports, part of an effort to offset a sharp run-up in prices over the past year. An ...

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and lower sales of synthetics oils for its first ...

GP Global disclosed recently that it has tabled plans to build a lubricant blending plant in Saronda, India, because of economic uncertainties stemmin ...

Japan’s finished lubricants consumption grew 32% in May, compared to the same month last year. It marked the fourth consecutive month this year that ...

South Korea exported a larger volume of base oil in May than in the same month last year, marking the fourth consecutive month with a year-to-year inc ...

For the quarter and fiscal year ending March 31, Savita Oil Technologies Ltd. reported higher net profit, while Continental Petroleums Ltd. reported l ...

Despite the rapid growth of electric vehicles in China, new opportunities are available for lube suppliers, speakers said at the 2021 China Inter Lubr ...

Uzbek and Central Asian lubricant demand is set to double by 2040, as the region’s industry and increasing number of vehicles are poised to consume ...

Bangladesh lubricant producer Lub-rref posted a 7% improvement in operating profit for the quarter ended March 31, thanks mostly to a reduction in fin ...

Chinese lube industry leaders called for edging out imported products at the 2021 China Inter Lubric held on June 7 in Shanghai, fearing that China’ ...

Lithium greases made a small comeback in 2020 in Asia’s two largest grease markets, according to the latest survey by the United States-based Nation ...

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending March 31, compared to results in t ...