China

Additive

Richful Plans More Additive Capacity

Lube Report Asia - December 31, 2021

Already in the midst of building its second factory, Richful Lube Additive Co. last week unveiled plans to expand its ex ...

CNOOC Taizhou Introduces Group III

CNOOC Taizhou Introduces Group III

Lube Report Asia - December 24, 2021

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

Additive

Zhongsheng Gaoke Profits Fall

Lube Report Asia - December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on reve ...

Copton Up Through Three Quarters

Copton Up Through Three Quarters

Lube Report Asia - December 17, 2021

Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine mo ...

Additive

Battery Maker Enters Lubes Business

Lube Report Asia - December 10, 2021

The rise of electric vehicles has a few lubricant companies looking to branch into aspects of EVs that have nothing to d ...

Profits Drop for Richful, Lopal

Profits Drop for Richful, Lopal

Lube Report Asia - December 3, 2021

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, ...

Additive

Kangtai Additive Project Scaled Back

Lube Report Asia - December 3, 2021

A company attempting to acquire most of Kangtai Lubricant Additive Co. has scaled back the size of an additive factory n ...

Additive

Korla Nears Purchase of Tongyi

Lube Report Asia - November 26, 2021

Xinjiang Korla Fragrant Pear Co.’s board of supervisors voted unanimously Nov. 24 to approve the company’s acquisiti ...

Lopal Bets Big on Battery Materials

Lopal Bets Big on Battery Materials

Lube Report Asia - November 19, 2021

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

Pear Grower Plans to Buy Tongyi

Pear Grower Plans to Buy Tongyi

Lube Report Asia - October 29, 2021

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

Amer to Open Factory in 2022

Amer to Open Factory in 2022

Lube Report Asia - October 22, 2021

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

BASF-Petronas Boosts 2-EHA Output

BASF-Petronas Boosts 2-EHA Output

Lube Report Asia - October 15, 2021

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

Additive

Sinopec Starts Dormant Group II Plant

Lube Report Asia - October 8, 2021

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

China EV Sales Continue Upward Trend

China EV Sales Continue Upward Trend

Lube Report Asia - October 8, 2021

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

Copton Posts Higher Profits, Sales

Copton Posts Higher Profits, Sales

Lube Report Asia - October 8, 2021

Chinese lubricants blender Qingdao Copton Tech Co. reported increases in net profit and operating income for the first h ...

Additive

Albemarle Buys China Lithium Company

Lube Report Asia - October 1, 2021

Specialty chemical supplier Albemarle Corp. announced yesterday that it has agreed to purchase Guangxi Tianyuan New Ener ...

Rianlon Gets Nod for Kangtai Acquisition

Rianlon Gets Nod for Kangtai Acquisition

Lube Report Asia - September 24, 2021

Cosmetics chemical supplier Rianlon obtained an okay from the Shenzhen Stock Exchange this week for its proposed acquisi ...

Additive

Hengmei to Build Lube Plant in Pakistan

Lube Report Asia - September 17, 2021

Chinese grease producer Hengmei Technology Grease Co. still plans to establish a lubricant blending plant in Pakistan’ ...