Asia

CNPC Aims Big in Additives

October 17, 2017

CNPC has begun supplying a variety of lubricants-related products, including lube additives, in a bid to gain new clients and fight for market share.

Foreign companies supply the largest portion of consumer lubricants in China, and domestic oil majors hold sway over the industrial segment. Yet indep ...

Hindustan Petroleum Corp. Ltd. began selling lubricants in Myanmar, claiming its the first Indian oil marketing company to expand into the Southeast A ...

Disruptive technologies such as electric vehicles will cause Chinas demand for engine oils to decline faster than expected, said Steven Zhang of Kline ...

JXTG Keeps Mobil Lubes

October 3, 2017

Japans JXTG Group will convert all of its 2,800 Esso- and Mobil-branded fuel stations in the country to Eneos by 2020, but will continue selling Exxon ...

Indias largest car manufacturer, Maruti Suzuki, has launched the Ecstar brand of lubricants and coolants in the country, a move that may intensify com ...

GP Petroleums Ltd. will close its lubricant plant in western Indias Daman region due to discontinuation of tax benefits under the countrys new Goods a ...

China Wants Higher VI

October 3, 2017

Chinese refiners have built a lot of capacity to produce API Group II base stocks, but the viscosity indices of the oils from those plants are largely ...

A crackdown by regulators in China has forced the closing - at least temporarily - of a number of base oil plants. Most are small and low-tech, but ob ...

Pakistan Shuts Lubricant Plant

September 26, 2017

The Pakistan Standards & Quality Control Authority, the countrys national standards enforcer, recently seized a unit of Golden Lubricants for producti ...

Chinas popular online-to-offline sales model seems to hold great opportunities for lube suppliers, but insiders aired some concerns about the method a ...

Stepping Up in China

September 20, 2017

Small- and medium-size lubricant blenders navigate the pitfalls of tightening regulations, rising labor costs and increased technological demands in A ...

Like in many other industries, counterfeiting has also grown into a big problem in the lube market. Some companies enlist technology in the never-endi ...

Grease manufacturer Standard Greases & Specialities Pvt. plans to boost its stake in Andrew Yule Group-managed Tide Water Oil Co. by buying more share ...

Nature abhors a vacuum, and so do South Koreas base oil producers. Seeing a gaping hole appear in the U.S. market in first-half 2017, they moved fast ...

Chinas central government is working to set deadlines to prohibit the sale of cars and vans that run on fossil fuels, an official told an automobile f ...

Pakistans Hi-Tech Lubricants Ltd. reported a 44 percent jump in its annual net profit, as sales and other income surged. A decline in expenses also po ...

Qingdao Copton Technology Co., a Qingdao, Shandong province-based blender, increased net profit by 28 percent and revenue by nearly 24 percent in the ...

State-owned Chinese chemical company Sinochem will sell lubes as early as the end of 2017, said Li Junfeng, deputy general manager at Sinochem Lantian ...

Castrol India Ltd. said Indias transition to the Goods and Services Tax system was a major reason for its 33 percent drop in profit during its second ...