China

China Base Oil Exports on the Rise
A tanker is docked at an oil refinery in China. © Steve Heap

China Base Oil Exports on the Rise

Lube Report Asia - April 12, 2024

China has for years been the world’s largest importers of base oils and barely an exporter, but both of those numbers ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

Lube Report Asia - April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

Richful Lube Additives Sales Decline

Richful Lube Additives Sales Decline

Lube Report Asia - April 5, 2024

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overal ...

CNOOC to Add Blending Plant in Taizhou

CNOOC to Add Blending Plant in Taizhou

Lube Report Asia - April 5, 2024

China National Offshore Oil & Gas signed an agreement last month to build a large blending plant in Taizhou, Jiangsu ...

Rerefining On the Rise in China

Rerefining On the Rise in China

Lube Report Asia - March 29, 2024

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base o ...

Yip’s Lube Profits Rebounded in 2023

Yip’s Lube Profits Rebounded in 2023

Lube Report Asia - March 29, 2024

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – aft ...

China Base Oil Imports Dipped in 2023

China Base Oil Imports Dipped in 2023

Lube Report Asia - March 22, 2024

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has ...

Arteco Opens Coolants Plant in China

Arteco Opens Coolants Plant in China

Lube Report Asia - March 15, 2024

Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for ...

India, China Biggest Base Oil Importers

India, China Biggest Base Oil Importers

Lube Report Asia - March 8, 2024

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...

Additive

SI Enters Manufacturing Agreement in China

Lube Report Asia - March 1, 2024

SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical ...

Additive

SKF Builds Equipment Factories in China

Lube Report Asia - February 9, 2024

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, las ...

Hongrun White Oil Project includes Group III Plant

Hongrun White Oil Project includes Group III Plant

Lube Report Asia - February 2, 2024

Hongrun Petrochemical Technology Co. has commissioned a white oil project that includes an API Group III plant at its oi ...

Fuchs, Zhongding Partner on Immersion Cooling

Fuchs, Zhongding Partner on Immersion Cooling

Lube Report Asia - January 26, 2024

Fuchs Lubricants China Ltd. recently signed a strategic cooperation agreement with Anhui Zhongding Intelligent Thermal M ...

Sinopec Lubricants Progresses on Tianjin Facility

Sinopec Lubricants Progresses on Tianjin Facility

Lube Report Asia - January 19, 2024

Sinopec’s finished lubricant arm has completed the main parts of the first phase of an expansion and upgrade of its fa ...

Additive

Richful Announces Project Delays

Lube Report Asia - January 12, 2024

Richful Lube Additive Co. last month announced delays for two major projects – the upgrading of a lubricant additives ...

Industrial Lube Sales Boost Copton

Industrial Lube Sales Boost Copton

Lube Report Asia - January 5, 2024

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 ...

Additive

Richful Receives Warning from Securities Bureau

Lube Report Asia - December 29, 2023

Richful Lube Additive Co. disclosed this week that it received a warning from securities officials who concluded that so ...