Korea, Republic Of

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

Lube Report Asia - March 15, 2024

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

South Korea Base Oil Exports Decreased

South Korea Base Oil Exports Decreased

Lube Report Asia - February 16, 2024

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the sa ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

Lube Report Asia - February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Additive

SK, Hyundai Partner on Refrigerants for EVs

Lube Report Asia - February 2, 2024

SK Enmove and Hyundai Motor Group entered an agreement last week to jointly develop refrigerants for heating and cooling ...

South Korea Base Oil Exports Rise in December

South Korea Base Oil Exports Rise in December

Lube Report Asia - January 19, 2024

South Korea’s base oil export volume jumped 27% in December, and the declared value of the oils exported was up 29%, a ...

Profits Down for GS Caltex, Up for Michang

Profits Down for GS Caltex, Up for Michang

Lube Report Asia - December 15, 2023

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils busines ...

South Korea Base Oil Exports Slide in November

South Korea Base Oil Exports Slide in November

Lube Report Asia - December 15, 2023

South Korea exported 10% less base oil in November than in the same month of last year, and the reported value of the ex ...

South Korea Base Oil Exports Jumped in October

South Korea Base Oil Exports Jumped in October

Lube Report Asia - November 17, 2023

South Korea base oil exports rose 23% in volume and by 25% in declared value in October, according to data released this ...

South Korea Market Forecast to Barely Grow

South Korea Market Forecast to Barely Grow

Lube Report Asia - November 10, 2023

South Korea’s economy may be rebounding and vehicle sales within the country continuing to expand, but that will barel ...

Profits Fall for Korean Base Oil Suppliers

Profits Fall for Korean Base Oil Suppliers

Lube Report Asia - November 3, 2023

The SK Enmove base oils and lubricants business, S-Oil’s base oils and lubricants business and joint venture Hyundai S ...

South Korea Base Oil Exports Decline

South Korea Base Oil Exports Decline

Lube Report Asia - October 20, 2023

South Korea exported 21% less base oil in September, and the reported value of those shipments fell 34%, a government ag ...

Gulf Oil Blends S-Oil’s Lubes in India

Gulf Oil Blends S-Oil’s Lubes in India

Lube Report Asia - October 20, 2023

S-Oil is contracting Gulf Lubricants Oil India Ltd. to blend and distribute its finished lubes in India – the first ti ...

Profits Rise for Michang

Profits Rise for Michang

Lube Report Asia - October 13, 2023

South Korean lubricants blender Michang Petroleum Industry Co. reported a 43% jump in operating profit on a 2% uptick in ...

South Korea Base Oil Exports Dropped in July

South Korea Base Oil Exports Dropped in July

Lube Report Asia - September 22, 2023

South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the sam ...

SK Ties Up with Dell, GRC for Immersion Cooling

SK Ties Up with Dell, GRC for Immersion Cooling

Lube Report Asia - August 25, 2023

SK Enmove on Wednesday announced the signing of a memorandum with Dell Technologies and GRC to develop immersion cooling ...

SK, Dell, GRC Link for Liquid Immersion Cooling

SK, Dell, GRC Link for Liquid Immersion Cooling

Lube Report Americas - August 23, 2023

SK Enmove today announced a memorandum of understanding with computer maker Dell Technologies and United States-based GR ...