Korea, Republic Of

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SK Files For IPO

Lube Report Asia - May 19, 2015

SK Lubricants filed documents last week seeking eligibility to conduct an initial public stock offering.

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MJLs 2014 Sales Up, SKs Down in 1Q

Lube Report Asia - May 5, 2015

Bangladeshs MJL Ltd. reported a 10 percent increase in revenue and a 19 percent increase in profit for its lubricants op ...

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S-Oil Sees Higher Earnings

Lube Report Asia - April 28, 2015

S-Oil saw first quarter base oil revenue drop compared to the same period a year ago because of a slide in prices, but i ...

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Games Oil Marketers Play

Lube Report Asia - April 14, 2015

Lube marketer Motul signed an agreement last month to promote its brand through an online racing video game now under de ...

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China-Korea Pact Removes Duty Slowly

Lube Report Asia - March 24, 2015

South Korea and China recently announced that their forthcoming free-trade pact will take 15 years to eliminate Chinese ...

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SK and Gulf Both Report Gains

Lube Report Asia - February 10, 2015

South Koreas SK Lubricants revenue rose marginally in 2014, but its operating profit shot up dramatically from 2013. Ind ...

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S-Oil Ups Profit in 2014

Lube Report Asia - February 3, 2015

S-Oils base oil business posted operating income of 258 billion won (U.S. $234 million) for 2014, a 66 percent surge fro ...

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Hanjin Sells S-Oil Stake

Lube Report Asia - January 27, 2015

Hanjin Energy last week wrapped up the sale of its 28.4 percent stake in S-Oil Corp. to Saudi Aramco for 1.98 trillion w ...

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Demand Growth Forecast for South Korea

Lube Report Asia - December 16, 2014

Lubricant demand in South Korea is forecast to increase 1.2 percent in 2015, the Korea Lubricating Oil Industries Associ ...

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Trade Pact to Boost Korean Base Oil Exports to China

Lube Report Asia - November 18, 2014

A looming free-trade agreement could boost South Korean base oil exports to China, according to industry analysts. South ...

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K-REACH Targets 518 Chemicals

Lube Report Asia - November 11, 2014

A draft list of substances that will require registration under South Koreas looming new chemical safety regulation incl ...

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Profits Up for Castrol India, SK

Lube Report Asia - November 4, 2014

The third quarter brought improved performance for Castrol India and SK Lubricants. Castrols net profit for the three mo ...

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Koreans Push Engine Oils

Lube Report Asia - September 30, 2014

South Koreas refiners are working to strengthen their lubricant retail networks using a variety of strategies, from a ne ...

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North Korean Plant Finds Spotlight

Lube Report Asia - August 26, 2014

North Korean leader Kim Jonguns recent highly publicized visit to a blending plant brought rare attention to the nations ...

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REACH-like Regs Loom for South Korea

Lube Report Asia - August 5, 2014

South Korea is moving toward implementation of a major chemicals law modeled after the European Unions REACH regulation.

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Earnings Up for S-Oil, SK

Lube Report Asia - July 29, 2014

The base oil and lubricant businesses of S-Oil and SK both reported significant improvements in their second quarter fin ...

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Aramco Ups S-Oil Stake

Lube Report Asia - July 8, 2014

Saudi Aramco said last week that it agreed to purchase Hanjin Groups 28 percent stake in S-Oil Corp.

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Lube Stocks Regain Shine in South Korea

Lube Report Asia - May 27, 2014

Operating performances of South Korean lubricant businesses have improved lately, helping them regain their luster in st ...