Korea, Republic Of

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ending March 31, while joint v ...

SK Enmove has entered another partnership to develop and supply immersion coolants for data centers – this time teaming with sister company SK Telec ...

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease in sales revenue. In the fourt ...

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the same month last year, according ...

Profits Down at SK, S-Oil

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 lubricants businesses, while Hyundai ...

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

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

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils business, noting a decline in the spr ...

South Korea exported 10% less base oil in November than in the same month of last year, and the reported value of the exports fell 24%, according to d ...

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

South Korea’s economy may be rebounding and vehicle sales within the country continuing to expand, but that will barely be enough to spur growth in ...

The SK Enmove base oils and lubricants business, S-Oil’s base oils and lubricants business and joint venture Hyundai Shell Base Oil all suffered dou ...

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

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

Profits Rise for Michang

October 13, 2023

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

South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the same month last year, the Korea C ...

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