India

Indian Companies Weather Volatility

Indian Companies Weather Volatility

Lube Report Asia - March 3, 2023

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made mar ...

India Auto Sales Rose in 2022

India Auto Sales Rose in 2022

Lube Report Asia - February 17, 2023

Automotive sales in India in 2022 increased 12% to 20.8 million units, according to data compiled by the Society of Indi ...

Gandhar Plans Public Stock Offering

Gandhar Plans Public Stock Offering

Lube Report Asia - January 20, 2023

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in whi ...

HPCL Ties to FuelBuddy for Deliveries

HPCL Ties to FuelBuddy for Deliveries

Lube Report Asia - December 9, 2022

Hindustan Petroleum Corp. Ltd.’s distributors will deliver automotive and industrial grade lubricants to customers’ ...

Castrol India Steps Further into Services

Castrol India Steps Further into Services

Lube Report Asia - December 2, 2022

Castrol India Ltd. announced on Nov. 25 an investment of up to Rs 487.5 crore (Rs 4.9 billion or U.S. $60 million) in ki ...

Hinduja Conglomerate May Be Divided

Hinduja Conglomerate May Be Divided

Lube Report Asia - November 18, 2022

The Hinduja family is reportedly nearing resolution to a long-running feud and could divide a business empire that inclu ...

Profits Rise for Castrol India, Apar

Profits Rise for Castrol India, Apar

Lube Report Asia - November 4, 2022

Castrol India Ltd. reported slightly higher profits and sales for the quarter ending Sept. 30, saying it managed pricing ...

SI Adds Antioxidant Capacity in India

SI Adds Antioxidant Capacity in India

Lube Report Asia - September 30, 2022

Additives manufacturer SI Group is expanding production capacity at its Rasal, India, factory for antioxidants used in l ...

Hindustan Lube Sales Fell in 2021-22

Hindustan Lube Sales Fell in 2021-22

Lube Report Asia - September 30, 2022

Hindustan Petroleum Corp. Ltd. reported that its lubricant sales declined 12% in fiscal year 2021-2022 as it dealt with ...

2-wheeler Lube Growth Forecast for Asia

2-wheeler Lube Growth Forecast for Asia

Lube Report Asia - September 30, 2022

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 20 ...

In COVID’s Wake, Maximus Expands

In COVID’s Wake, Maximus Expands

Lube Report Asia - September 23, 2022

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. ...

Is India a Land of Opportunity for Lubricants?

Is India a Land of Opportunity for Lubricants?

Lubes'n'Greases - September 1, 2022

The Indian lubricants market took a big hit during the pandemic. How has it bounced back, and how might it grow in the n ...

Study Says India Market Recovered

Study Says India Market Recovered

Lube Report Asia - August 26, 2022

Lubricant demand in India – including process oils – rebounded to 2.8 million metric tons in 2021 and is expected to ...

India Firms Thrive Despite Conditions

India Firms Thrive Despite Conditions

Lube Report Asia - August 12, 2022

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions e ...

In China, Reconsidering Customized Oils

In China, Reconsidering Customized Oils

Lube Report Asia - August 12, 2022

Engine oil marketers in China have generally not placed much focus on supplying products recommended for specific models ...

Apar Profit Doubled in Quarter

Apar Profit Doubled in Quarter

Lube Report Asia - July 29, 2022

Indian transformer oil supplier Apar Industries reported increases of more than 100% in net profit and a 24% jump in rev ...

Maximus Posts Bullish Earnings

Maximus Posts Bullish Earnings

Lube Report Asia - June 17, 2022

Indian lubricants blender Maximus International Ltd. said it had weathered supply chain disruption, competitiveness in p ...