India

Profits Up for Balmer Lawrie, GP, Tide Water

Profits Up for Balmer Lawrie, GP, Tide Water

Lube Report Asia - June 2, 2023

Adverse trends in supply chain and sales, including unstable base oil prices and rupee depreciation, were among market f ...

Avista Partners with IFP Petro in India

Avista Partners with IFP Petro in India

Lube Report Asia - June 2, 2023

India rerefiner IFP Petro Products announced last week that it has entered a partnership with Germany-based Avista Oil A ...

Bharat to Build Another Blending Plant

Bharat to Build Another Blending Plant

Lube Report Asia - May 19, 2023

In a nod to India’s growing lubricant market, Bharat Petroleum Corp. Ltd. said this week that it will construct a new ...

Profit Down for Castrol India, Gulf; Up for Apar

Profit Down for Castrol India, Gulf; Up for Apar

Lube Report Asia - May 19, 2023

Protecting and managing margins was a common theme for several India companies announcing financial results for the quar ...

Brakes India Enters Lube Business

Brakes India Enters Lube Business

Lube Report Asia - May 12, 2023

India’s automotive lubricant market has a new player – the country’s largest manufacturer of braking systems. Brak ...

Chevron Ties Up with Hindustan in India

Chevron Ties Up with Hindustan in India

Lube Report Asia - April 21, 2023

Hindustan Petroleum Corp. Ltd. signed an agreement with a unit of United States-based Chevron Corp. to manufacture and s ...

ExxonMobil to Build Blending Plant in India

ExxonMobil to Build Blending Plant in India

Lube Report Asia - April 7, 2023

Citing the opportunity of a growing market, ExxonMobil announced Friday that it will invest nearly Rs 900 crore to build ...

Indian Companies Weather Volatility

Indian Companies Weather Volatility

Lube Report Asia - March 3, 2023

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made mar ...

India Auto Sales Rose in 2022

India Auto Sales Rose in 2022

Lube Report Asia - February 17, 2023

Automotive sales in India in 2022 increased 12% to 20.8 million units, according to data compiled by the Society of Indi ...

Gandhar Plans Public Stock Offering

Gandhar Plans Public Stock Offering

Lube Report Asia - January 20, 2023

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in whi ...

HPCL Ties to FuelBuddy for Deliveries

HPCL Ties to FuelBuddy for Deliveries

Lube Report Asia - December 9, 2022

Hindustan Petroleum Corp. Ltd.’s distributors will deliver automotive and industrial grade lubricants to customers’ ...

Castrol India Steps Further into Services

Castrol India Steps Further into Services

Lube Report Asia - December 2, 2022

Castrol India Ltd. announced on Nov. 25 an investment of up to Rs 487.5 crore (Rs 4.9 billion or U.S. $60 million) in ki ...

Additive

Hinduja Conglomerate May Be Divided

Lube Report Asia - November 18, 2022

The Hinduja family is reportedly nearing resolution to a long-running feud and could divide a business empire that inclu ...

Profits Rise for Castrol India, Apar

Profits Rise for Castrol India, Apar

Lube Report Asia - November 4, 2022

Castrol India Ltd. reported slightly higher profits and sales for the quarter ending Sept. 30, saying it managed pricing ...

SI Adds Antioxidant Capacity in India

SI Adds Antioxidant Capacity in India

Lube Report Asia - September 30, 2022

Additives manufacturer SI Group is expanding production capacity at its Rasal, India, factory for antioxidants used in l ...

Hindustan Lube Sales Fell in 2021-22

Hindustan Lube Sales Fell in 2021-22

Lube Report Asia - September 30, 2022

Hindustan Petroleum Corp. Ltd. reported that its lubricant sales declined 12% in fiscal year 2021-2022 as it dealt with ...

2-wheeler Lube Growth Forecast for Asia

2-wheeler Lube Growth Forecast for Asia

Lube Report Asia - September 30, 2022

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 20 ...

In COVID’s Wake, Maximus Expands

In COVID’s Wake, Maximus Expands

Lube Report Asia - September 23, 2022

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. ...