India

India Auto Sales Yet to Recover
Traffic jam in New Dehli. © travelwild

India Auto Sales Yet to Recover

Lube Report Asia - April 21, 2022

Although India’s domestic automotive sales remained below pre-pandemic levels for the fiscal year ended March 31, pass ...

Profits Jump for Thai Oil Base Oils

Profits Jump for Thai Oil Base Oils

Lube Report Asia - February 25, 2022

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the ...

Profits Surge at Hyundai Shell, GS Caltex

Profits Surge at Hyundai Shell, GS Caltex

Lube Report Asia - February 18, 2022

South Korea’s Hyundai Shell Base Oil and the GS Caltex base oil and lubricant business both reported much higher opera ...

Profits Rise for Castrol India, Dip for Gulf

Profits Rise for Castrol India, Dip for Gulf

Lube Report Asia - February 11, 2022

Castrol India Ltd. reported nearly a 30% increase in profits for 2021, although sales for the quarter ended Dec. 31 were ...

Profits Up for MJL, Down for Tide Water

Profits Up for MJL, Down for Tide Water

Lube Report Asia - November 19, 2021

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quar ...

India Palm Oil Imports Expected to Rise

India Palm Oil Imports Expected to Rise

Lube Report Asia - November 12, 2021

Boosted by cuts in import duties, India’s palm oil exports are projected to rise 6% to 8.5 million tons for fiscal yea ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Costs Nick Castrol India, Gulf Oil

Costs Nick Castrol India, Gulf Oil

Lube Report Asia - November 5, 2021

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter endin ...

Additive

Indian Oil to Make Maleic Anhydride

Lube Report Asia - November 5, 2021

Indian Oil Corp. Ltd. said this week that it will build a large maleic anhydride plant at its oil refinery in Panipat, I ...

Hindustan Petroleum Sales Down

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 ...