India

Is India a Land of Opportunity for Lubricants?

Is India a Land of Opportunity for Lubricants?

Lubes'n'Greases - September 1, 2022

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

Study Says India Market Recovered

Study Says India Market Recovered

Lube Report Asia - August 26, 2022

Lubricant demand in India – including process oils – rebounded to 2.8 million metric tons in 2021 and is expected to ...

India Firms Thrive Despite Conditions

India Firms Thrive Despite Conditions

Lube Report Asia - August 12, 2022

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions e ...

In China, Reconsidering Customized Oils

In China, Reconsidering Customized Oils

Lube Report Asia - August 12, 2022

Engine oil marketers in China have generally not placed much focus on supplying products recommended for specific models ...

Apar Profit Doubled in Quarter

Apar Profit Doubled in Quarter

Lube Report Asia - July 29, 2022

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

Maximus Posts Bullish Earnings

Maximus Posts Bullish Earnings

Lube Report Asia - June 17, 2022

Indian lubricants blender Maximus International Ltd. said it had weathered supply chain disruption, competitiveness in p ...

GP Moving on from Pandemic

GP Moving on from Pandemic

Lube Report Asia - June 17, 2022

GP Petroleums Ltd. Chief Executive Prashanth Achar spoke to Lube Report about navigating and learning from the coronavir ...

Additive

Azelis Acquires India Distributors

Lube Report Asia - June 3, 2022

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

Additive

Apar Rides Economy to Better Profits

Lube Report Asia - June 3, 2022

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

Travel Rebound Boosts Gulf’s Sales

Travel Rebound Boosts Gulf’s Sales

Lube Report Asia - May 27, 2022

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

India Auto Sales Yet to Recover

India Auto Sales Yet to Recover

Lube Report Asia - April 21, 2022

Although India’s domestic automotive sales remained below pre-pandemic levels for the fiscal year ended March 31, pass ...

Profits Jump for Thai Oil Base Oils

Profits Jump for Thai Oil Base Oils

Lube Report Asia - February 25, 2022

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the ...

Profits Surge at Hyundai Shell, GS Caltex

Profits Surge at Hyundai Shell, GS Caltex

Lube Report Asia - February 18, 2022

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

Profits Rise for Castrol India, Dip for Gulf

Profits Rise for Castrol India, Dip for Gulf

Lube Report Asia - February 11, 2022

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

Profits Up for MJL, Down for Tide Water

Profits Up for MJL, Down for Tide Water

Lube Report Asia - November 19, 2021

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quar ...

India Palm Oil Imports Expected to Rise

India Palm Oil Imports Expected to Rise

Lube Report Asia - November 12, 2021

Boosted by cuts in import duties, India’s palm oil exports are projected to rise 6% to 8.5 million tons for fiscal yea ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

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

Costs Nick Castrol India, Gulf Oil

Costs Nick Castrol India, Gulf Oil

Lube Report Asia - November 5, 2021

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter endin ...