Korea, Republic Of


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 ...


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.


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 ...


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.


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 ...


Sales Rise for S-Oil, SK, MJL

Lube Report Asia - May 6, 2014

The seasons first earnings reports showed positive trends for Asian lubricant players for the initial quarter of 2014. S ...


Mechanics Fined for Fixing Oil Change Prices

Lube Report Asia - April 29, 2014

Automotive mechanics in a region of South Korea have been penalized by authorities for colluding to fix prices on motor ...


Diesel Engines Take Top Spot in South Korea

Lube Report Asia - April 22, 2014

Sales of diesel-powered vehicles surpassed gasoline-powered cars in South Korea for the first time in 2013.


South Korea Moves to Euro 6

Lube Report Asia - April 15, 2014

South Korea's lubricant market is reacting to more stringent diesel vehicle emission limits that are being phased in thi ...


Hyundai Oilbank Stokes South Korean Market

Lube Report Asia - March 4, 2014

Competition appears to be heating up in South Korea's lubricant market with Hyundai Oilbank's entry into the scene. The ...


South Korean Lube Demand to Edge Up

Lube Report Asia - February 18, 2014

South Koreas demand for lubricating oil is projected to increase slightly to 917,137 metric tons in 2014, according to a ...


Hyundai Oilbank-Shell Moves Toward Opening

Lube Report Asia - February 18, 2014

A new player is scheduled this year to join the ranks of South Korean base oil suppliers. An API Group II plant being bu ...


Aramco Boosting S-Oil Stake

Lube Report Asia - January 21, 2014

Saudi Aramco has agreed to buy most of Hanjin Energys stake in S-Oil, according to several reports, giving the Saudi oil ...