India

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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 ...

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

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Mixed Results for Indian Companies

Lube Report Asia - July 1, 2020

Apar Industries reported a steep drop in net profit for the quarter ending March 31, while Maximus International and Con ...

Grease Output Up in China, Down in India

Grease Output Up in China, Down in India

Lube Report Asia - July 1, 2020

Reported lubricating grease production was up in China and Southeast Asia, and down in India and Japan, according to a s ...

Profits Down for Indian Lube Suppliers

Profits Down for Indian Lube Suppliers

Lube Report Asia - June 24, 2020

Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported declines in profit for ...

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Hindujas in Court Over Ownership

Lube Report Asia - June 24, 2020

The Hinduja Group, owner of several lubricant businesses, is embroiled in a dispute between the four aging brothers who ...

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Pandemic Cuts Profits for Gulf, Castrol India

Lube Report Asia - June 17, 2020

Castrol India and Gulf Oil Lubricants India Ltd. both reported steep drops in profits for the quarter ending March 31, c ...