Bangladesh

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 ...

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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 ...

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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 ...

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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, ...