India

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

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

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

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to produce lubricants for equipment ...

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst predicted recently that they wil ...

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, ...

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

India’s state-owned oil marketing company Hindustan Petroleum Corp. Ltd. has hired a consultant to advise on a spin-off of its lubricants business t ...

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

Crude oil price volatility, inflation and global uncertainties were among the factors cited by India lubricant companies for the quarter ended Sept. 3 ...

India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in new product categories and the ...

S-Oil is contracting Gulf Lubricants Oil India Ltd. to blend and distribute its finished lubes in India – the first time S-Oil lubes have been manuf ...

Hindustan Lube Sales Jump

October 13, 2023

Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 20% rise in sales to the Middle ...

Hindustan Petroleum Corp. Ltd. plans to create a separate subsidiary for its lubricant business, which it claims is the largest in India, according to ...

Asia-Pacific’s finished lubricant demand is projected to grow by a compound annual rate of 0.8% to 2032, with most of that growth occurring in the f ...

Higher sales and increased revenue from other sources helped Tide Water Oil (India) Ltd. post a 12% increase in net profit for the quarter ending June ...

India’s lubricant market will be a bright spot in the global industry over the next decade, according to a consultant presentation at a recent confe ...