Korea, Republic Of

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Q3 Earnings Mixed in South Korea, Sri Lanka

Lube Report Asia - November 1, 2019

S-Oil reported increased operating income for its base oil business, while SK Lubricants and Hyundai Shell Base Oil Co. ...

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Taking Advantage of Crude Price Volatility

Lube Report Asia - August 2, 2019

A consultant told an industry conference in Mumbai, India, Wednesday that lubricant companies can benefit from crude oil ...

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Tough Quarter for Korean, Pakistani Companies

Lube Report Asia - May 3, 2019

South Korean base oil refiners SK Lubricants, S-Oil and Hyundai Shell Base Oil Co. each reported a steep decline in oper ...

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Tough 2018 for Korean Base Oil Refiners

Lube Report Asia - February 15, 2019

South Koreas four major base oil refiners - SK Lubricants, S-Oil, GS Caltex and Hyundai Shell Base Oil - each reported a ...

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Korean Biocides Acts Impact on Lubes Unclear

Lube Report Asia - January 11, 2019

South Korea's new Act on Safety Control of Consumer Chemical Products and Biocides regulation took effect Jan. 1. Indust ...

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SK Nixed IPO Plan Again

Lube Report Asia - May 4, 2018

SK Lubricants said last week that it was tabling a planned initial public offering for the third time after once again f ...

Korea Intensifies Inspection Process

Korea Intensifies Inspection Process

Lube Report Asia - December 19, 2017

South Korean government agencies will intensify their lubricants inspection program beginning next year.

Korea Eases Blending Laws

Korea Eases Blending Laws

Lube Report Asia - December 12, 2017

South Korea recently eased restrictions on the modification of petroleum products within customs zones of its ports. Pro ...

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Korea Forecasts Flat Demand

Lube Report Asia - December 5, 2017

South Koreas demand for lubricants is expected to remain around the level reported this year, which exceeded prior expec ...

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SK Considers IPO Again

Lube Report Asia - November 28, 2017

SK Innovation is once again mulling a public stock offering for its lubricants subsidiary, SK Lubricants, the company sa ...

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SK Sets Bold Goals in China

Lube Report Asia - November 28, 2017

SK Lubricants is aiming to strengthen its presence in China through a business alliance with global tire giant Michelin ...

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Profits Up for Koreans, Gulf

Lube Report Asia - November 7, 2017

Three base oil and finished lubricant suppliers in South Korea - SK Lubricants, S-Oil and Hyundai Shell Base Oil - all s ...

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Korea Tags in on U.S. Base Oil Supply

Lube Report Asia - September 12, 2017

Nature abhors a vacuum, and so do South Koreas base oil producers. Seeing a gaping hole appear in the U.S. market in fir ...

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S-Oil, SK Profits Underwhelm

Lube Report Asia - August 1, 2017

South Koreas S-Oil and SK Lubricants each increased lubricants sales in its second quarter, but neither achieved signifi ...

Korean Police Bust Fake Jet Oil Suspects

Korean Police Bust Fake Jet Oil Suspects

Lube Report Asia - June 27, 2017

South Korean police arrested a chemical products distribution trio that allegedly sold the military fake specialty lubri ...

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Korean Refiners Profits Sink despite Revenue

Lube Report Asia - May 2, 2017

S-Oil and SK Lubricants saw operating income decrease despite increased sales revenue in this years first quarter compar ...

South Korean Exports Increase

South Korean Exports Increase

Lube Report Asia - February 28, 2017

South Koreas exports of base oils and lubricants continued increasing in 2016, with China the biggest importer of its ca ...

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SK, S-Oil Record Strong Full-year Profits

Lube Report Asia - February 7, 2017

Koreas SK Lubricants and S-Oil both recorded higher operating profits in their base oils and lubricants businesses in 20 ...