India

India May Break Up Balmer Lawrie

India May Break Up Balmer Lawrie

Lube Report Asia - January 15, 2021

India’s central government will probably break apart Balmer Lawrie & Co. and divest its units – including its gr ...

Indian Oil Opens Blending Plant

Indian Oil Opens Blending Plant

Lube Report Asia - January 1, 2021

Indian Oil Corp. Ltd. opened a lubricant blending plant in Kolkata last month, saying the plant will support and benefit ...

Gulf Oil to Buy Singapore Plant

Gulf Oil to Buy Singapore Plant

Lube Report Asia - December 11, 2020

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean ...

Profits Up for Tide Water, GP; Down for MJL

Profits Up for Tide Water, GP; Down for MJL

Lube Report Asia - November 20, 2020

For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in p ...

Most Indian Companies’ Profits Increase

Most Indian Companies’ Profits Increase

Lube Report Asia - November 13, 2020

Castrol India Ltd. reported higher profit for the quarter ending Sept. 30, compared to the same period in 2019, while Gu ...

Apar Profits Up, Lanka IOC’s Slump

Apar Profits Up, Lanka IOC’s Slump

Lube Report Asia - November 6, 2020

For the quarter ending Sept. 30, India’s Apar Industries posted higher net profit and Sri Lanka’s Lanka IOC reported ...

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Goodyear Enters India Lube Market

Lube Report Asia - October 29, 2020

Goodyear announced Wednesday that it reached an agreement for an India-based company to manufacture and market automotiv ...

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Indian Oil Plans Gujarat Base Oil Plant

Lube Report Asia - October 16, 2020

Indian Oil Corp. Ltd. plans to construct a 235,000 metric ton per year base oil plant at its Gujarat, India, refinery as ...

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Hindustan Petroleum Sales Rise

Lube Report Asia - October 9, 2020

Hindustan Petroleum Corp. Ltd. reported that its lubricant sales edged up 0.7% in fiscal year 2019-2020, as it makes a p ...

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Gulf Makes Lubes for S-Oil

Lube Report Asia - October 2, 2020

Gulf Oil Lubricants International Ltd. has agreed to manufacture and market S-Oil lubricants in India – a deal that wi ...

Firm Forecasts Quick Recovery in India

Firm Forecasts Quick Recovery in India

Lube Report Asia - September 25, 2020

India’s economic recovery from COVID-19 lockdowns is progressing, with encouraging signs in automotive, industrial and ...

China’s Energy Demand Continues Upward Creep

China’s Energy Demand Continues Upward Creep

Lube Report Asia - September 25, 2020

Despite slowing demand growth, China will remain the world’s largest primary energy consumer out to 2050, growing by a ...

Mixed Results for Indian Companies

Mixed Results for Indian Companies

Lube Report Asia - September 11, 2020

For the quarter ending June 30, India’s GP Petroleums and Apar Industries posted net losses, Castrol India and Savita ...

Q2 Tough on Gulf, KH Neochem

Q2 Tough on Gulf, KH Neochem

Lube Report Asia - August 28, 2020

Gulf Oil Lubricants India Ltd. and Japanese specialty chemical producer KH Neochem Co.’s performance materials segment ...

Study Forecasts Decline for India’s Aftermarket

Study Forecasts Decline for India’s Aftermarket

Lube Report Asia - July 31, 2020

Spending in India on aftermarket engine oils and other aftermarket items will drop significantly in fiscal 2021 as a res ...

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ExxonMobil Decides on India Blending Plant

Lube Report Asia - July 22, 2020

ExxonMobil has decided to build its first lubricant blending plant in India, a Rs 760 crore facility in Maharashtra, acc ...

Slump Expected for Wind Energy Lubes

Slump Expected for Wind Energy Lubes

Lube Report Asia - July 22, 2020

Global lubricant demand for wind energy is likely to hit a speed bump in the current economic climate but should rebound ...