China

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 ...

Additive

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 ...

Additive

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 ...

Additive

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 ...

Additive

Butylene Oxide Plant Being Built in China

Lube Report Asia - September 23, 2022

Sinopec’s Yanshan Petrochemical is installing a production line to make butylene oxide, a chemical intermediate used t ...

Yip’s Chemical Posts Operating Loss

Yip’s Chemical Posts Operating Loss

Lube Report Asia - September 23, 2022

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating loss and an 8% decline i ...

Additive

Russia Shifts to Chinese Additive Imports

Lube Report EMEA - September 13, 2022

The volume of lubricant additives imported into Russia fell more than 70% in March, following the country’s invasion o ...

China’s Carbon Ambitions May Boost mPAOs

China’s Carbon Ambitions May Boost mPAOs

Lube Report Asia - September 9, 2022

China aims to reach carbon neutrality by 2060, which will likely offer opportunities for metallocene polyalphaolefin as ...

In China, Reconsidering Customized Oils

In China, Reconsidering Customized Oils

Lube Report Asia - August 12, 2022

Engine oil marketers in China have generally not placed much focus on supplying products recommended for specific models ...

China’s Economy Weighs on Lubes Industry

China’s Economy Weighs on Lubes Industry

Lube Report Asia - August 5, 2022

With few signs that China’s economy will bounce back in the second half of 2022, Chinese oil suppliers need to brace t ...