China

China Power Shortages Could Boost Wind Energy
A view of wind power turbines at the Heyuan Queyashan Wind Farm in Guangdong, China. © maple90

China Power Shortages Could Boost Wind Energy

Lube Report Asia - March 31, 2023

High coal prices caused a number of power shortages during 2021, and this could represent a growth opportunity for the c ...

Additive

CNOOC-Shell Select Technology for LAO Project

Lube Report Asia - March 10, 2023

Shell and China National Offshore Oil Co. are moving forward with plans to begin producing linear alpha olefins at their ...

Lopal Forms Pact with SAIC-GM-Wuling

Lopal Forms Pact with SAIC-GM-Wuling

Lube Report Asia - February 24, 2023

Lopal Technology Co. announced last week that it has reached a framework agreement with electric automaker SAIC-GM-Wulin ...

Dongfeng Castrol JV Plant Starts Production

Dongfeng Castrol JV Plant Starts Production

Lube Report Asia - February 24, 2023

The Dongfeng Castrol Oil Products Co. Ltd. joint venture announced early last month the first batch trial lubricants pro ...

China Charging Ahead in E-mobility Race

China Charging Ahead in E-mobility Race

Electric Vehicles InSite - February 22, 2023

China has the most extensive range of electric vehicles on offer, with an eye-popping 300 EV models available. Europe's ...

Handi Boosts Group III Output

Handi Boosts Group III Output

Lube Report Asia - February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant i ...

China’s Vehicle Registrations Slip in 2022

China’s Vehicle Registrations Slip in 2022

Lube Report Asia - January 27, 2023

China’s new motor vehicle registrations – including cars, trucks and motorcycles – declined 5% to 34.8 million in ...

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Shenghong Refinery Makes Maleic, MMAs

Lube Report Asia - January 6, 2023

China’s largest petrochemical refinery is now fully operating, and maleic anhydride and methyl methacrylates are among ...

Copton Reports Lower Profits

Copton Reports Lower Profits

Lube Report Asia - December 30, 2022

Chinese lubricants blender Qingdao Copton Tech reported a drop of more than 40% in net profit and a slight increase in o ...

Additive

China Base Oil Output Tanked in 2022

Lube Report Asia - December 30, 2022

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Informatio ...

Earnings Slide at Lopal, Jump for Richful

Earnings Slide at Lopal, Jump for Richful

Lube Report Asia - December 23, 2022

Chinese lubricant marketer Lopal Tech Co. reported a 23% drop in operating income for its lubricant products segment for ...

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Mold Release Agent Producer Conducts IPO

Lube Report Asia - December 16, 2022

Hanwei Technology Co., a South China chemical company offering mold release agents, among other products, raised ¥1.2 b ...

Additive

Richful Plans Additives Expansion

Lube Report Asia - October 28, 2022

Richful Lube Additive Co. has proposed investing ¥1 billion (U.S. $138.3 million) to expand its lubricant additive fact ...

CNOOC-Shell Plans PAO Plant in China

CNOOC-Shell Plans PAO Plant in China

Lube Report Asia - October 21, 2022

A petrochemical joint venture in China between China National Offshore Oil Corp. and Shell has licensed technology from ...

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ExxonMobil to Upgrade Tianjin Blending Plant

Lube Report Asia - October 14, 2022

ExxonMobil is upgrading its lubricant blending plant in Tianjin, China, in response to projected long-term demand growth ...

BASF to Build Neopentyl Glycol Plant

BASF to Build Neopentyl Glycol Plant

Lube Report Asia - October 14, 2022

BASF announced on Tuesday it will invest an undisclosed amount to build a neopentyl glycol plant with 80,000 metric tons ...

2-wheeler Lube Growth Forecast for Asia

2-wheeler Lube Growth Forecast for Asia

Lube Report Asia - September 30, 2022

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 20 ...