Bangladesh

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Lower Expenses Boost Lub-rref Profit

Lube Report Asia - June 18, 2021

Bangladesh lubricant producer Lub-rref posted a 7% improvement in operating profit for the quarter ended March 31, thank ...

Earnings Rise for Hi-Tech, MJL

Earnings Rise for Hi-Tech, MJL

Lube Report Asia - May 7, 2021

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

Profits Up for South Asian Firms

Profits Up for South Asian Firms

Lube Report Asia - February 19, 2021

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Pe ...

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Lub-rref Wrapping Up IPO

Lube Report Asia - February 5, 2021

Bangladesh lubricant marketer Lub-rref began the second half of its initial public stock offering last week, opening its ...

Profits Up for Tide Water, GP; Down for MJL

Profits Up for Tide Water, GP; Down for MJL

Lube Report Asia - November 20, 2020

For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in p ...

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Lub-rref IPO Clears Hurdle

Lube Report Asia - August 28, 2020

The Bangladesh Securities and Exchange Commission last week approved the method by which Lub-rref will conduct its initi ...

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

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Tough 2019 for Korean, Most Indian Companies

Lube Report Asia - February 7, 2020

South Koreas major base oil refiners - SK Lubricants, S-Oil, GS Caltex, and Hyundai Shell Base Oil - each reported steep ...

IPO Would Boost Bangladeshi Blender

IPO Would Boost Bangladeshi Blender

Lube Report Asia - April 26, 2019

Lub-rref (Bangladesh) Ltd., the largest lubricating oil blending plant in Bangladesh, is poised for expansion and growth ...

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Group II Rerefinery Planned for Bangladesh

Lube Report Asia - March 21, 2017

Lub-rref (Bangladesh) Ltd. will open a 50,000 metric tons per year API Group II rerefinery by March 2019 with the help o ...

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Bangladesh Rerefining Stuck in Status Quo

Lube Report Asia - October 25, 2016

With no domestic virgin base oil production and an abundance of recyclable used oil, Bangladesh could pose opportunities ...

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FKT, MJL Record Half-year Gains

Lube Report Asia - October 18, 2016

MJL Bangladesh Ltd. and Indonesias PT Federal Karyatama recorded significant gains in profit and revenue, respectively, ...

Bangladesh, Sri Lanka, Nepal Hailed for Growth

Bangladesh, Sri Lanka, Nepal Hailed for Growth

Lube Report Asia - April 19, 2016

Indias lubricant market attracts much attention because of trends for size and quality. But several of its neighbors - B ...

MJL Licensed for Duty-free Marine Sales

MJL Licensed for Duty-free Marine Sales

Lube Report Asia - March 8, 2016

MJL Bangladesh announced that it obtained a license from the government to offer marine lubricants duty-free to ocean-go ...

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Profits Jump for Eastern Lubricants

Lube Report Asia - January 19, 2016

Bangladeshi Eastern Lubricants reported a nearly six-fold jump in earnings for the six months ended Dec. 31, compared to ...

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Profits Down at MJL, Up at GP Petroleums

Lube Report Asia - August 11, 2015

Cost increases at MJL Bangladesh Ltd. caused a 36 percent drop in profits for the first half of 2015 despite higher sale ...