Korea, Republic Of

South Korea exported more base oil at a much higher value in March than in the same month in 2020, according to data released by the Korea Customs Ser ...

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

Base oil exports from South Korea dropped 9% in 2020, according to data published by the Korea Customs Service, due to the impacts of the COVID-19 pan ...

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for the fourth quarter of 2020, whil ...

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

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operating income for 2020, while both ...

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

SK Promises Green Strategy

January 8, 2021

The parent company of SK Lubricants is looking for partners for base oil and chemical joint ventures, according to a New Year’s address by its CEO. ...

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving from an operating loss in 201 ...

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

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

South Korea’s volume of base oil exports for September were barely higher than the same month of 2019 and slightly less than in August of this year, ...

Sanyo Chemical Plant Delayed

November 13, 2020

Japan’s Sanyo Chemical Industries delayed until early next year the start of operations at its new viscosity index improver plant in South Korea bec ...

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

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

Gulf Makes Lubes for S-Oil

October 2, 2020

Gulf Oil Lubricants International Ltd. has agreed to manufacture and market S-Oil lubricants in India – a deal that will mark S-Oil’s entry into t ...

South Korean conglomerate SK Innovation announced last week that it hired Citigroup Global Markets to help it explore the possibility of selling subsi ...

Base Oil refiners GS Caltex and Hyundai Shell Base Oil both posted increases in operating profit and drops in sales for the first quarter, compared to ...

A city on South Korea’s Jeju Island says a project that recovers waste lubricants generated by fishing vessels is helping to protect the local marin ...

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings report filed this week by SK innov ...