Bangladesh

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

Lube Report Asia - March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

Eastern Lubricants Suffers Big Drop in Profits

Eastern Lubricants Suffers Big Drop in Profits

Lube Report Asia - January 12, 2024

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales ...

Profits up for MJL, Eastern Lubricants

Profits up for MJL, Eastern Lubricants

Lube Report Asia - November 24, 2023

MJL Bangladesh and Eastern Lubricants Blenders reported large improvements in sales and profits for the quarter ended Se ...

Additive

MJL Agrees to Buy Land for Expansion

Lube Report Asia - October 13, 2023

The biggest lubricant producer in Bangladesh is taking a step that could allow it to expand sometime in the future. MJL ...

Mixed Results for Bangladesh Companies

Mixed Results for Bangladesh Companies

Lube Report Asia - June 16, 2023

A rebound in base oil sales helped Eastern Lubricants Blenders achieve massive improvements in profit and revenue for th ...

Bangladeshi Blenders’ Profits Rise

Bangladeshi Blenders’ Profits Rise

Lube Report Asia - February 24, 2023

Bangladeshi lubricant blenders MJL Bangladesh, Lube-rref and Eastern Lubricants Blenders all reported strong increases i ...

Profits, Sales Down for Lub-rref

Profits, Sales Down for Lub-rref

Lube Report Asia - December 16, 2022

Bangladeshi lubricants blender Lub-rref reported a 3% decrease in net profit and a 12% drop in sales revenue on lower op ...

Profits Up at Thai Oil, Down at MJL, Eastern

Profits Up at Thai Oil, Down at MJL, Eastern

Lube Report Asia - December 9, 2022

Net profit for Thai Oil’s base oil business rose 21% for the quarter ending Sept. 30. Base oil prices were steady in t ...

Profits Drop for Bangladesh Blenders

Profits Drop for Bangladesh Blenders

Lube Report Asia - July 1, 2022

Profits tumbled for three Bangladesh lubricant companies – MJL Bangladesh, Lub-rref and Eastern Lubricants Blenders Lt ...

Eastern Lubricants’ Earnings Fall

Eastern Lubricants’ Earnings Fall

Lube Report Asia - April 8, 2022

Bangladesh’s Eastern Lubricants Blenders Ltd. reported steep drops in profit and revenue for the quarter ending Dec. 3 ...

MJL Profits Drop Steeply

MJL Profits Drop Steeply

Lube Report Asia - April 1, 2022

Lubricant blender and supplier MJL Bangladesh reported a steep drop in profits and a slight increase in sales revenue f ...

Eastern Feasted on Base Oil Trading

Eastern Feasted on Base Oil Trading

Lube Report Asia - January 7, 2022

Eastern Lubricants Blenders Ltd.’s profit jumped more than ten-fold for its fiscal year ended in mid-2021, thanks to a ...

Profits Up for MJL, Down for Tide Water

Profits Up for MJL, Down for Tide Water

Lube Report Asia - November 19, 2021

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quar ...

Additive

Lub-rref to Build Group II Rerefinery

Lube Report Asia - September 10, 2021

Lub-rref announced that it will redirect most of the funds from its initial public stock offering to build a second wast ...

Additive

Auto Complex to Include Lube Plant

Lube Report Asia - July 30, 2021

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

Additive

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 ...