India

India Market Still Growing
Traffic on a Dombivali-Kalyan highway near Mumbai, India. © Manoej Paateel

India Market Still Growing

June 28, 2024

Lubricant demand in India, the world’s third-largest market, has grown to 3.11 metric tons per year and will continue ...

Tide Water to Close German Unit

Tide Water to Close German Unit

June 4, 2024

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due t ...

Profits Up at Gulf, Castrol India, Balmer

Profits Up at Gulf, Castrol India, Balmer

May 31, 2024

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal yea ...

Additive

State-owned Company Buys Sapref

May 28, 2024

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell ...

Kluber Expands India Lubes Plant

Kluber Expands India Lubes Plant

May 24, 2024

Kluber Lubrication announced it will expand its factory in Mysore, India, to increase the amount of specialty lubricants ...

Additive

Base Oil Output, Demand Rise in India

May 17, 2024

Refiners in India increased base oil production by 8% for the fiscal year ended March 31, leaning on a recent expansion ...

Apar Forms Saudi Arabia Subsidiary

Apar Forms Saudi Arabia Subsidiary

April 2, 2024

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to pr ...

India, China Biggest Base Oil Importers

India, China Biggest Base Oil Importers

March 8, 2024

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...

Castrol India Posts Jump in Profits

Castrol India Posts Jump in Profits

February 23, 2024

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- ...

Perstorp Opens Penta Plant in India

Perstorp Opens Penta Plant in India

February 23, 2024

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regiona ...

Auto Sales Rose in India in 2023

Auto Sales Rose in India in 2023

February 22, 2024

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 mi ...

Special Report: Base Stocks

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Hindustan Mulls Spin-off of Lubes Business

Hindustan Mulls Spin-off of Lubes Business

January 26, 2024

India’s state-owned oil marketing company Hindustan Petroleum Corp. Ltd. has hired a consultant to advise on a spin-of ...

India’s Base Oil Supply Base Set to Jump

India’s Base Oil Supply Base Set to Jump

January 5, 2024

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil c ...

Profits Up at Castrol India, Gulf, GP

Profits Up at Castrol India, Gulf, GP

December 1, 2023

Crude oil price volatility, inflation and global uncertainties were among the factors cited by India lubricant companies ...

Savita Commissions Synthetic Ester Plant

Savita Commissions Synthetic Ester Plant

October 20, 2023

India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in n ...