Korea, Republic Of

South Korea Exports Strong in February
© Igor Groshev

South Korea Exports Strong in February

Lube Report Asia - March 26, 2021

South Korea exported more base oil at a greater value in February than in the same month in 2020, according to data publ ...

Korean Base Oil Exports Dipped in 2020

Korean Base Oil Exports Dipped in 2020

Lube Report Asia - March 19, 2021

Base oil exports from South Korea dropped 9% in 2020, according to data published by the Korea Customs Service, due to t ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

Lube Report Asia - February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

Additive

SK Eyes Funds from Lubes Business

Lube Report Asia - February 19, 2021

SK Innovation is reportedly preparing to accept final bids for a 49% stake in SK Lubricants, and news organizations are ...

Earnings Up for S-Oil, Down for SK

Earnings Up for S-Oil, Down for SK

Lube Report Asia - January 29, 2021

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operati ...

South Korean Base Oil Exports Slip

South Korean Base Oil Exports Slip

Lube Report Asia - January 15, 2021

South Korea exported less base oil at less value in November last year than in the same month of 2019, according to Kore ...

Additive

SK Promises Green Strategy

Lube Report Asia - January 8, 2021

The parent company of SK Lubricants is looking for partners for base oil and chemical joint ventures, according to a New ...

Hyundai Shell Base Oil Posts Profit

Hyundai Shell Base Oil Posts Profit

Lube Report Asia - December 18, 2020

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving ...

Korean Base Oil Exports Up in October

Korean Base Oil Exports Up in October

Lube Report Asia - December 11, 2020

South Korea exported more base oil in October than in the same month in 2019, according to Korea Customs Service data. ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - November 27, 2020

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for ...

Additive

South Korean Base Oil Exports Steady

Lube Report Asia - November 13, 2020

South Korea’s volume of base oil exports for September were barely higher than the same month of 2019 and slightly les ...

Sanyo Chemical Plant Delayed

Sanyo Chemical Plant Delayed

Lube Report Asia - November 13, 2020

Japan’s Sanyo Chemical Industries delayed until early next year the start of operations at its new viscosity index imp ...

Earnings Rise for S-Oil, Dip for SK

Earnings Rise for S-Oil, Dip for SK

Lube Report Asia - October 28, 2020

S-Oil reported a strong increase in operating income for its base oil business, while SK Lubricants posted lower operati ...

SK Makes Group III from Plastics

SK Makes Group III from Plastics

Lube Report Asia - October 16, 2020

SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted ...

Additive

Gulf Makes Lubes for S-Oil

Lube Report Asia - October 2, 2020

Gulf Oil Lubricants International Ltd. has agreed to manufacture and market S-Oil lubricants in India – a deal that wi ...

Additive

SK Explores Sale of SK Lubricants

Lube Report Asia - August 21, 2020

South Korean conglomerate SK Innovation announced last week that it hired Citigroup Global Markets to help it explore th ...

Profits Up for GS Caltex, Hyundai Shell Base Oil

Profits Up for GS Caltex, Hyundai Shell Base Oil

Lube Report Asia - August 14, 2020

Base Oil refiners GS Caltex and Hyundai Shell Base Oil both posted increases in operating profit and drops in sales for ...