China

State-owned energy company China National Offshore Oil Corp. has begun producing API Group III base oils at its refinery in Taizhou, Jiangsu province, ...

Zhongsheng Gaoke Profits Fall

December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on revenue that was 20% lower than th ...

Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine months of this year, compared to ...

The rise of electric vehicles has a few lubricant companies looking to branch into aspects of EVs that have nothing to do with lubes. Now a Chinese su ...

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, although year-to-date profits ...

A company attempting to acquire most of Kangtai Lubricant Additive Co. has scaled back the size of an additive factory now under construction in order ...

Korla Nears Purchase of Tongyi

November 26, 2021

Xinjiang Korla Fragrant Pear Co.’s board of supervisors voted unanimously Nov. 24 to approve the company’s acquisition of Tongyi Petroleum Chemica ...

Over the past two decades, Lopal Technology Co. grew rapidly to become a major player in China’s lubricant market. Now the company is investing big ...

A fruit grower in China’s Xinjiang province announced this month that it has reached a tentative agreement to acquire Tongyi Petroleum Chemical Co., ...

Amer to Open Factory in 2022

October 22, 2021

Chinese metalworking fluids supplier Amer is building a production facility in Dongguan, Guangdong province, where the company is headquartered. With ...

A Malaysian joint venture between BASF and Petronas will double its capacity to make 2-ethylhexanoic acid due to growing demand in applications such a ...

Sinopec has finally started up an API Group II base oil unit at its Yanshan Petrochemical refining complex, eight years after the unit was built. The ...

Sales of new energy vehicles – mostly electric vehicles and hybrids – in China reached a record 321,000 in August, the fourth consecutive month of ...

Chinese lubricants blender Qingdao Copton Tech Co. reported increases in net profit and operating income for the first half of this year, compared to ...

Specialty chemical supplier Albemarle Corp. announced yesterday that it has agreed to purchase Guangxi Tianyuan New Energy Materials Co., a start-up t ...

Cosmetics chemical supplier Rianlon obtained an okay from the Shenzhen Stock Exchange this week for its proposed acquisition of a majority stake in Ka ...

Chinese grease producer Hengmei Technology Grease Co. still plans to establish a lubricant blending plant in Pakistan’s Balochistan Province as part ...

The EU and China lead global EV sales, while the U.S. lags behind with the rest of the world, according to tech analysts Canalys.

An independent Chinese refiner and an academic institution have agreed to establish a research center to develop lubricant additives and specialty fin ...

A new report by Human Rights Watch urges carmakers to do more to reduce impacts on communities and the environment from their aluminum supply chains.