Korea, Republic Of

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

Recovering Fishing Vessel Waste Oil

Recovering Fishing Vessel Waste Oil

Lube Report Asia - August 7, 2020

A city on South Korea’s Jeju Island says a project that recovers waste lubricants generated by fishing vessels is help ...

SK’s Q2 Profits, Sales Fall

SK’s Q2 Profits, Sales Fall

Lube Report Asia - July 31, 2020

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings repo ...

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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 ...

South Korean Exports Fell in Q1

South Korean Exports Fell in Q1

Lube Report Asia - June 5, 2020

South Korean base oil exports fell 13 percent to 1.4 million tons in the first quarter this year, down from 1.6 million ...

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 ...