Japan

Bought Out of Japan, Shell Returns for Lubes
In March this year, Idemitsu Kosan announced that they were going to negotiate for the sale of Shell Lubricants Japan back to Royal Dutch Shell. Photo courtesy of Shell

Bought Out of Japan, Shell Returns for Lubes

Lube Report Asia - October 23, 2020

A year and a half after acquiring it, Idemitsu Kosan Co. is selling Shell Lubricants Japan K.K. back to Royal Dutch Shel ...

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Japan Market Still Declining

Lube Report Asia - October 23, 2020

Japan consumed 101,588 kiloliters of finished lubricants in August, according to data released recently by the governmen ...

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Idemitsu Team Develops Wind Turbine Lubes

Lube Report Asia - September 4, 2020

Idemitsu Kosan announced that it is cooperating with two Japanese universities on a grant project to develop wind turbin ...

Q2 Tough on Gulf, KH Neochem

Q2 Tough on Gulf, KH Neochem

Lube Report Asia - August 28, 2020

Gulf Oil Lubricants India Ltd. and Japanese specialty chemical producer KH Neochem Co.’s performance materials segment ...

Japanese Lubricant Market Remains Soft

Japanese Lubricant Market Remains Soft

Lube Report Asia - August 14, 2020

Japan’s lubricant market remains soft as domestic vehicle sales continue to slow down, according to data released rece ...

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Idemitsu Agrees to Sell Back Shell Business

Lube Report Asia - August 7, 2020

Idemitsu Kosan Co. announced Thursday that it has reached an agreement to sell Shell Lubricants Japan back to Shell, 16 ...

Yushiro Chemical Earnings

Yushiro Chemical Earnings

Lube Report Asia - August 7, 2020

Metalworking fluids and industrial oil producer Yushiro Chemical Industry reported lower sales and a steep decrease in o ...

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S-Oil Earnings Jumped

Lube Report Asia - July 24, 2020

South Korean refiner S-Oil reported that its base oil business posted a strong increase in operating income and a drop i ...

Grease Output Up in China, Down in India

Grease Output Up in China, Down in India

Lube Report Asia - July 1, 2020

Reported lubricating grease production was up in China and Southeast Asia, and down in India and Japan, according to a s ...

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Japan’s Vehicle Sales Down in May

Lube Report Asia - June 10, 2020

Registrations of new passenger cars, trucks and buses fell 45 percent in May, compared to a year earlier, according to d ...

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Base Oil Production Falls in Japan

Lube Report Asia - May 27, 2020

Japan’s base oil production for April fell 20 percent compared to the same month last year, according to data recently ...

Profits Up for GS Caltex, Down for KH Neochem

Profits Up for GS Caltex, Down for KH Neochem

Lube Report Asia - May 15, 2020

GS Caltex reported increased operating profit for its base oil and lubricant business, and KH Neochem Co. poster lower o ...

Food-grade Lube Demand Spikes

Food-grade Lube Demand Spikes

Lube Report Asia - April 16, 2020

Covid-19 pandemic lockdowns in Asia have resulted in increased demand for food-grade lubricants, industry insiders said.

Asia Leads in Wax Supply

Asia Leads in Wax Supply

Lube Report Asia - April 16, 2020

Asia accounted for more than half of 11.2 billion pounds of global wax supply in 2019, leading in petroleum waxes in lar ...

Japan’s Auto Exports Rise

Japan’s Auto Exports Rise

Lube Report Asia - March 6, 2020

Japan exported 4.8 million motor vehicles in 2019, a marginal increase from 2018, while domestic sales for all motor veh ...

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Japans Energy Supply to Slide as Efficiency Rises

Lube Report Asia - January 31, 2020

Japans volume of primary energy supply - oil, natural gas, coal, nuclear and renewable electricity - is projected to dec ...

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JXTG Rebrands for Globalization

Lube Report Asia - December 13, 2019

JXTG Holdings Inc. will change its trade name and the name of its lubricant and grease producing subsidiary to Eneos and ...