Korea, Republic Of

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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 ...

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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 ...

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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 ...

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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.

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...