China

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant ...

Copton Tech reported that its net profit plunged 92% and that its operating income fell 20% in the fourth quarter, while full-year net profit fell 63% ...

Jiangsu Lopal Tech Co. reported a 26% decline in operating income and a 36% drop in sales volumes for its lubricants segment for 2022. According to it ...

China’s Richful Lube Additives reported that its lubricant additives operating income surged 188% in 2022, while its overall net profit spiked more ...

Chinese metalworking fluid manufacturers must make big changes in how they run businesses to survive, as they are increasingly pressured by uncertaint ...

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and t ...

High coal prices caused a number of power shortages during 2021, and this could represent a growth opportunity for the country’s wind industry becau ...

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

Lopal Technology Co. announced last week that it has reached a framework agreement with electric automaker SAIC-GM-Wuling to develop and recycle EV ba ...

The Dongfeng Castrol Oil Products Co. Ltd. joint venture announced early last month the first batch trial lubricants production at its 170,000 metric ...

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

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant in Hainan province, China. The ...

China’s new motor vehicle registrations – including cars, trucks and motorcycles – declined 5% to 34.8 million in 2022, although the country’s ...

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

Copton Reports Lower Profits

December 30, 2022

Chinese lubricants blender Qingdao Copton Tech reported a drop of more than 40% in net profit and a slight increase in operating income for the third ...

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Information Group. Output dropped partic ...

Chinese lubricant marketer Lopal Tech Co. reported a 23% drop in operating income for its lubricant products segment for the first nine months of this ...

Hanwei Technology Co., a South China chemical company offering mold release agents, among other products, raised ¥1.2 billion in an initial public st ...

Richful Lube Additive Co. has proposed investing ¥1 billion (U.S. $138.3 million) to expand its lubricant additive factory in Xinxiang, China, instal ...

A petrochemical joint venture in China between China National Offshore Oil Corp. and Shell has licensed technology from Neste for a polyalphaolefin pl ...