India

Hindustan Petroleum Sales Down
A line of three-wheeler vehicles in India. © OlegD

Hindustan Petroleum Sales Down

Lube Report Asia - September 10, 2021

Hindustan Petroleum Corp. Ltd. reported that its sales of lubricants and greases declined 2% for the 2020-2021 fiscal ye ...

Gulf to Explore E-mobility

Gulf to Explore E-mobility

Lube Report Asia - August 27, 2021

Gulf Oil Lubricants India Ltd. signaled in a recent press release that it may move into the e-mobility space. With India ...

Profits Down for Tide Water, Up for Gulf

Profits Down for Tide Water, Up for Gulf

Lube Report Asia - August 20, 2021

For the quarter ending June 30, Tide Water Oil reported a decrease in profit, while Gulf Oil Lubricants India, Maximus I ...

Profits Fall for GP, Jump for Balmer

Profits Fall for GP, Jump for Balmer

Lube Report Asia - August 13, 2021

India’s GP Petroleums reported a steeper net loss for the quarter ended June 30, while the lubricants unit of Balmer L ...

Profits up for SK, Castrol India, Apar

Profits up for SK, Castrol India, Apar

Lube Report Asia - August 6, 2021

Profits for South Korean base oil refiner SK Lubricants skyrocketed more than 500% for the quarter ended June 30, and pr ...

India Cuts Palm Oil Import Duty

India Cuts Palm Oil Import Duty

Lube Report Asia - July 23, 2021

India implemented a temporary cut in the duty charged on palm oil imports, part of an effort to offset a sharp run-up in ...

Additive

GP Tables Lube Plant Construction

Lube Report Asia - July 9, 2021

GP Global disclosed recently that it has tabled plans to build a lubricant blending plant in Saronda, India, because of ...

Profits Up for Savita, Down for Continental

Profits Up for Savita, Down for Continental

Lube Report Asia - July 2, 2021

For the quarter and fiscal year ending March 31, Savita Oil Technologies Ltd. reported higher net profit, while Continen ...

Lithium Greases Rebound in China, India

Lithium Greases Rebound in China, India

Lube Report Asia - June 18, 2021

Lithium greases made a small comeback in 2020 in Asia’s two largest grease markets, according to the latest survey by ...

Profits Climb for Tide Water, GP

Profits Climb for Tide Water, GP

Lube Report Asia - June 11, 2021

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending Marc ...

Standard Greases Buys Chemicals Stake

Standard Greases Buys Chemicals Stake

Lube Report Asia - June 11, 2021

India’s Standard Greases and Specialties Pvt. earlier this week purchased a stake in Archit Organosys, which produces ...

Profits Up for Gulf, Apar

Profits Up for Gulf, Apar

Lube Report Asia - June 4, 2021

Gulf Oil Lubricants India Ltd. and Indian transformer oil supplier Apar Industries Ltd. both reported large increases in ...

Pandemic Hammers India Auto Sales

Pandemic Hammers India Auto Sales

Lube Report Asia - May 7, 2021

For the fiscal year ending March 31, India’s domestic automotive sales declined for all segments, most sharply in the ...

Profits Climb at S-Oil, Castrol India

Profits Climb at S-Oil, Castrol India

Lube Report Asia - April 30, 2021

Castrol India and South Korean refiner S-Oil both reported large increases in profits and revenue for the quarter ending ...

Additive

Indian Lube Demand Projected to Grow

Lube Report Asia - April 23, 2021

Lubricant demand in India is expected to grow by almost 3% per year through 2024, making it one of the fastest growing m ...

Additive

IOCL Plans Another Base Oil Plant

Lube Report Asia - April 16, 2021

Indian Oil Corp. Ltd. plans to build an API Group III base oil plant at its refinery in Panipat – part of a broader ex ...

Profits Up for South Asian Firms

Profits Up for South Asian Firms

Lube Report Asia - February 19, 2021

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Pe ...