India

Profits Climb for Tide Water, GP

Profits Climb for Tide Water, GP

Lube Report Asia - June 11, 2021

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending Marc ...

Standard Greases Buys Chemicals Stake

Standard Greases Buys Chemicals Stake

Lube Report Asia - June 11, 2021

India’s Standard Greases and Specialties Pvt. earlier this week purchased a stake in Archit Organosys, which produces ...

Profits Up for Gulf, Apar

Profits Up for Gulf, Apar

Lube Report Asia - June 4, 2021

Gulf Oil Lubricants India Ltd. and Indian transformer oil supplier Apar Industries Ltd. both reported large increases in ...

Pandemic Hammers India Auto Sales

Pandemic Hammers India Auto Sales

Lube Report Asia - May 7, 2021

For the fiscal year ending March 31, India’s domestic automotive sales declined for all segments, most sharply in the ...

Profits Climb at S-Oil, Castrol India

Profits Climb at S-Oil, Castrol India

Lube Report Asia - April 30, 2021

Castrol India and South Korean refiner S-Oil both reported large increases in profits and revenue for the quarter ending ...

Additive

Indian Lube Demand Projected to Grow

Lube Report Asia - April 23, 2021

Lubricant demand in India is expected to grow by almost 3% per year through 2024, making it one of the fastest growing m ...

Additive

IOCL Plans Another Base Oil Plant

Lube Report Asia - April 16, 2021

Indian Oil Corp. Ltd. plans to build an API Group III base oil plant at its refinery in Panipat – part of a broader ex ...

Profits Up for South Asian Firms

Profits Up for South Asian Firms

Lube Report Asia - February 19, 2021

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Pe ...

Profits Rise for Indian Companies

Profits Rise for Indian Companies

Lube Report Asia - February 12, 2021

Gulf Oil Lubricants India Ltd., Apar Industries’ transformer oil and specialty oil segment, Balmer Lawrie’s grease s ...

Profits Fall for Castrol India

Profits Fall for Castrol India

Lube Report Asia - February 5, 2021

Castrol India reported a 30% decline in profits for 2020, although the company said it rebounded during the second half ...

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 ...