India

Indian Lube Ads Rebuked

January 12, 2018

Indias advertising industry watchdog upheld recent complaints against allegedly misleading advertisements from two lubricant suppliers.

Quaker Buys Out India JV

December 26, 2017

Quaker Chemical Corp. became the sole owner of Quaker Chemical India Pvt. after acquiring the remaining stake from its former joint venture partner, A ...

Brenntag Claims Raj Petro

December 26, 2017

German chemicals distributor Brenntag AG signed an agreement to acquire Indias Raj Petro Specialities Pvt. in two phases.

Gulf Opens Chennai Lube Plant

December 19, 2017

Gulf Oil Lubricants India Ltd. opened its new blending plant in Chennai last week with capacity to make 50,000 metric tons of lubricants per year.

Indias central government enacted the Goods and Service Tax Act partly to facilitate cheaper goods for consumers. In the lubricants market, though, th ...

The United Arab Emirates-based German Mirror Lubricants & Greases launched its Mirr Oils brand of lubricants in India.

India will introduce stricter vehicle emissions standards in the Delhi metro area in April 2018 instead of in 2020.

GP Petroleums Q2 Profit Down

November 21, 2017

GP Petroleums Ltd. reported its second-quarter net profit fell nearly 4 percent year on year to Rs 3.13 crore (Rs 31.3 million, or U.S. $477,174), due ...

Castrol India Ltd. reported that third-quarter net profit increased 27.5 percent thanks to lower expenses and higher income in the other category. Bal ...

Profits Up for Koreans, Gulf

November 7, 2017

Three base oil and finished lubricant suppliers in South Korea - SK Lubricants, S-Oil and Hyundai Shell Base Oil - all saw their third quarter profits ...

Indias focus on infrastructure development offers opportunities for a strong fiscal year 2017-2018 in both the consumer and business-to-business segme ...

Hindustan Petroleum Corp. Ltd. began selling lubricants in Myanmar, claiming its the first Indian oil marketing company to expand into the Southeast A ...

Indias largest car manufacturer, Maruti Suzuki, has launched the Ecstar brand of lubricants and coolants in the country, a move that may intensify com ...

GP Petroleums Ltd. will close its lubricant plant in western Indias Daman region due to discontinuation of tax benefits under the countrys new Goods a ...

Grease manufacturer Standard Greases & Specialities Pvt. plans to boost its stake in Andrew Yule Group-managed Tide Water Oil Co. by buying more share ...

Castrol India Ltd. said Indias transition to the Goods and Services Tax system was a major reason for its 33 percent drop in profit during its second ...

Panama Petrochem Ltd. bucked the trend of Indian lube suppliers recording shaky first quarters this year, reporting a 56 percent increase in earnings. ...

Gulf Oil International (Mauritius) Inc. has acquired an additional stake in Gulf Oil Lubricants India Ltd., bringing its total share to 71.48 percent. ...

Indian lubricant suppliers saw first-quarter profits fall by between 30 and 55 percent from the same period last year. Most cited the transition to th ...

A fire at an Atma Lubricants & Specialities Ltd. manufacturing unit in southern Indias Andhra Pradesh state last Wednesday was quickly contained. It c ...