Asia

Additive

Richful, Farabi Build Saudi Additive Plant

March 19, 2025

Richful Lube Additive Co. and Farabi Petrochemicals have inked an agreement to build the first full-fledged lubricant ad ...

China Base Oil Imports Dwindling

China Base Oil Imports Dwindling

March 19, 2025

China’s demand for imported API Group II and III base oils remained weak in 2024, speakers said at the Enmore China In ...

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Weekly Asia Base Oil Price Report

March 17, 2025

Base oil buyers appeared more cautious this week as crude oil and feedstock values remained volatile and downstream dema ...

Idemitsu Shuts Tianjin Factory

Idemitsu Shuts Tianjin Factory

March 12, 2025

Idemitsu Kosan will permanently close its facility in Tianjin, China, by August 2025, citing weakening demand and rising ...

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Weekly Asia Base Oil Price Report

March 10, 2025

Spot prices for some base oil grades were buoyed by a tighter supply and demand scenario, but falling crude oil and feed ...

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Weekly Asia Base Oil Price Report

March 3, 2025

A combination of factors including emergent demand, tightening supplies and upcoming turnarounds have resulted in steepe ...

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Sinopec Makes Marine Lubes in Tianjin

February 26, 2025

Sinopec has opened a production unit making marine lubricants and hydraulic fluids at its finished lube blending plant i ...

Lanxess Opens R&D Unit in Mumbai

Lanxess Opens R&D Unit in Mumbai

February 26, 2025

German specialty chemicals company Lanxess opened its new application development center in Thane, India, near Mumbai. ...

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China Base Oil Imports Sink Further

February 26, 2025

Base oil imports to China fell 12% in 2024, continuing a steady decline in recent years for one of the world’s biggest ...

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Weekly Asia Base Oil Price Report

February 24, 2025

Contrasting currents impacted base oil prices in Asia, with tighter supply conditions exerting upward pressure on a few ...

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Weekly Asia Base Oil Price Report

February 17, 2025

Several base oil grades were impacted by a tighter supply and demand balance in Asia, which sent prices to higher ground ...

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South Korea Base Oil Exports Dip Again

February 12, 2025

Base oil exports from South Korea dipped half a percentage point in 2024, falling to their lowest level since 2016, acco ...

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Weekly Asia Base Oil Price Report

February 10, 2025

With buyers and suppliers gradually gearing up for heightened activity following the Lunar New Year and other local holi ...

Singapore Base Oil Exports Drop Again

Singapore Base Oil Exports Drop Again

February 5, 2025

Weekly base oil exports from Singapore slumped to their lowest in 11 months, while imports surged, according to data co ...

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Weekly Asia Base Oil Price Report

February 3, 2025

On the surface, the base oils market was fairly quiet during the Lunar New Year holidays, but there was underlying tensi ...

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Weekly Asia Base Oil Price Report

January 27, 2025

Base oil prices were generally stable to firm in Asia, although activity was subdued as many participants prepared for t ...

IOCL Starts Chennai Lube Complex

IOCL Starts Chennai Lube Complex

January 22, 2025

Indian Oil Corporation Ltd started the trial run at its new integrated lubricant complex at Manali, Chennai. Once fully ...

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Weekly Asia Base Oil Price Report

January 20, 2025

Concerns about downstream lubricant market performance, climbing feedstock prices and approaching holidays dampened acti ...