India

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Tough 2019 for Korean, Most Indian Companies

Lube Report Asia - February 7, 2020

South Koreas major base oil refiners - SK Lubricants, S-Oil, GS Caltex, and Hyundai Shell Base Oil - each reported steep ...

India Auto Sales Drop Amid Weak Demand

India Auto Sales Drop Amid Weak Demand

Lube Report Asia - January 31, 2020

Domestic automobile sales in India declined nearly 14 percent year-on-year to 23.1 million units in 2019, according to d ...

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Apar Posts Decline in Net Profits, Income

Lube Report Asia - January 24, 2020

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 mil ...

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Quality of Indian Lubes Rising for BS VI

Lube Report Asia - January 17, 2020

Indias automotive engine oil market will be taking a step up in coming months as suppliers prepare for the nations imple ...

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Auto Sales Sag in China, India

Lube Report Asia - December 27, 2019

Declining automotive sales in China and India are expected to impact demand for base oils, industry experts said at a co ...

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ExxonMobil Mulls Lube Plant in India

Lube Report Asia - December 20, 2019

The worlds second-largest lubricant supplier is considering building a blending plant in the worlds third-largest market ...

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Banerjee: Growth, Technical Challenges Ahead

Lube Report Asia - December 20, 2019

Balmer Lawrie & Co.s Sreejit Banerjee sees opportunity for volume growth for Indias lubricant suppliers but challenges, ...

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India Factory Fill Lube Demand Slows

Lube Report Asia - December 6, 2019

The demand for factory fill lubricants in India has slowed during the past few months because weak vehicle sales in the ...

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India to Sell Bharat Petroleum Stake

Lube Report Asia - November 22, 2019

The Indian government plans to sell its 53.29 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that ...

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Profits Up for Tide Water, MJL Bangladesh

Lube Report Asia - November 22, 2019

Tide Water Oil Co. and MJL Bangladesh Ltd. each reported significant gains in net profit but declines in revenue for the ...

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Results Up for Most Indian Companies

Lube Report Asia - November 15, 2019

Gulf Oil Lubricants India Ltd., Balmer Lawrie & Co., GP Petroleums Ltd. and Continental Petroleums Ltd. each reported in ...

Perstorp Builds Penta Plant in India

Perstorp Builds Penta Plant in India

Lube Report Asia - November 8, 2019

Perstorp began construction of a world-scale pentaerythritol production plant in Gujarat, India, in October, to improve ...

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Results Down for Hi-Tech, Up for Savita, Apar

Lube Report Asia - November 8, 2019

Pakistans Hi-Tech Lubricants reported a steeper net loss, while Indias Savita Oil and Apar Industries each reported high ...

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Profits Up for Castrol India, Down for Hi-Tech

Lube Report Asia - October 25, 2019

Castrol India Ltd. reported a substantial increase in profit for the quarter ending Sept. 30, while Pakistans Hi-Tech Lu ...

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Mumbai: Indias Top Base Oil Gateway

Lube Report Asia - October 18, 2019

Mumbai is the leading point of entry for base oil imports into India - one of the worlds largest importers of such produ ...

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Another India Base Oil Refiner to Upgrade

Lube Report Asia - October 4, 2019

Bharat Petroleum Corp. Ltd. has contracted Chevron Lummus Global to provide technology that will be used to add API Grou ...

Asia-Pacific Energy Demands Grow

Asia-Pacific Energy Demands Grow

Lube Report Asia - September 20, 2019

Asia-Pacifics energy demand is forecast to grow 33 percent from 2017 to 2040, with oil, natural gas and coal making up 8 ...

India Consumes Growing Amounts of Group II, III

India Consumes Growing Amounts of Group II, III

Lube Report Asia - September 13, 2019

The Indian market has undergone a large shift in recent years toward API Group II and III base stocks, and with the coun ...