Asia

Greases can offer advantages over gear oils in helping to prevent wear of precision reducers – known as RV reducers or robot joints – an official ...

Uzbek authorities last week announced the government’s intention to sell the Fergana Oil Refinery LLC, the second-largest refining complex in the co ...

Finished lubricants consumption in Japan grew 15% year-to-year in March, the third month in the past four that output exceeded the corresponding month ...

For the quarter ending March 31, MJL Bangladesh Ltd. and Pakistan’s Hi-Tech Lubricants both reported higher profit and sales. Hi-Tech noted that its ...

For the fiscal year ending March 31, India’s domestic automotive sales declined for all segments, most sharply in the two-wheeler and three-wheeler ...

The Chinese government announced on April 25 that the parts of its China VI emission standard applying to heavy diesel vehicles will be implemented na ...

Castrol India and South Korean refiner S-Oil both reported large increases in profits and revenue for the quarter ending March 31, compared to the sam ...

The parent company of SK Lubricants on Wednesday announced an agreement to sell 40% of the business to a South Korean private equity firm for a bit le ...

Lubricant demand in India is expected to grow by almost 3% per year through 2024, making it one of the fastest growing major lube markets, according t ...

Japanese specialty lubricant manufacturer Moresco Corp. reported lower sales of specialty lubricants and synthetic oils for its 2020-2021 fiscal year, ...

A South Korean investment firm has won the competition to buy a minority stake in SK Lubricants, according to local news reports, but no agreement has ...

Indian Oil Corp. Ltd. plans to build an API Group III base oil plant at its refinery in Panipat – part of a broader expansion of the northern India ...

China’s Jiangsu Lopal Tech. Co. and Richful Lube Additive Co. recorded increases in net profit and revenue last year as both seemed to benefit from ...

South Korea exported more base oil at a much higher value in March than in the same month in 2020, according to data released by the Korea Customs Ser ...

Chinese refiners have opened several API Group III base oil plants in recent years, but for several reasons they do not meet the needs of local lubri ...

Japan’s finished lubricants consumption reached 128,987 kiloliters in February, up 7% from 120,394 kL in the same month in 2020, according to data r ...

Chinese lubricants marketer Jiangsu Lopal Tech recently exported its first batch of lubricants to Pakistan, which it said marked another step in its i ...

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter that ended Dec. 31, with lower ...

The Year of the Ox

April 1, 2021

Asia’s Increasing Influence on the Global Lubes Market After a tumultuous year for lubricant markets around the globe, many uncertainties still l ...

South Korea exported more base oil at a greater value in February than in the same month in 2020, according to data published by the Korea Customs Ser ...