India

The Indian lubricants market took a big hit during the pandemic. How has it bounced back, and how might it grow in the next few years?

Lubricant demand in India – including process oils – rebounded to 2.8 million metric tons in 2021 and is expected to grow at a compound annual rat ...

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions enabled them to alleviate the i ...

Engine oil marketers in China have generally not placed much focus on supplying products recommended for specific models or makes of vehicles or that ...

Indian transformer oil supplier Apar Industries reported increases of more than 100% in net profit and a 24% jump in revenues from its transformer and ...

Indian lubricants blender Maximus International Ltd. said it had weathered supply chain disruption, competitiveness in pricing and low demand in the m ...

GP Petroleums Ltd. Chief Executive Prashanth Achar spoke to Lube Report about navigating and learning from the coronavirus pandemic. Going forward, th ...

Specialty chemicals distributor and service provider Azelis reached agreements to buy two related distributors in India – Chemo India and Unipharm L ...

Indian transformer oil supplier Apar Industries reported large increases in net profit and in revenues from its transformer and specialty oils busines ...

Gulf Oil Lubricants India Ltd. reported improved quarterly revenues and sales volumes for the quarter ended March 31 and a large increase in revenues ...

Although India’s domestic automotive sales remained below pre-pandemic levels for the fiscal year ended March 31, passenger car and three-wheeler sa ...

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the full year of 2021, with sales ...

South Korea’s Hyundai Shell Base Oil and the GS Caltex base oil and lubricant business both reported much higher operating profit and sales for the ...

Castrol India Ltd. reported nearly a 30% increase in profits for 2021, although sales for the quarter ended Dec. 31 were flat. Profits for the quarter ...

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quarter ended Sept. 30, while prof ...

Boosted by cuts in import duties, India’s palm oil exports are projected to rise 6% to 8.5 million tons for fiscal year 2020-21 and 3% to 8.6 millio ...

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported much higher operating profit ...

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter ending Sept. 30, citing impacts of ...

Indian Oil Corp. Ltd. said this week that it will build a large maleic anhydride plant at its oil refinery in Panipat, India, part of a broader progra ...

Hindustan Petroleum Sales Down

September 10, 2021

Hindustan Petroleum Corp. Ltd. reported that its sales of lubricants and greases declined 2% for the 2020-2021 fiscal year, while its lubricants expor ...