Asia

Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for electric vehicles and data cen ...

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst predicted recently that they wil ...

Improved demand and tighter supply supported spot prices, with some assessments moving up given few offers against blossoming buying interest. Supplie ...

Spot prices were mostly on an upward trend in Asia as demand has improved and availability has tightened. However, assessments for a few grades weaken ...

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment net sales for the quarter end ...

Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to data released yesterday by a gove ...

SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical Co. – a move allowing the Am ...

Base oil fundamentals were in flux, with demand for a number of grades ramping up, and remaining on the sluggish side for others. Ample availability o ...

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, ...

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

Asia Base Oil Price Report

February 16, 2024

Some base oil prices continued to show signs of strengthening, propelled by steady demand and tightening supplies, while others remained on a downward ...

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the same month last year, according ...

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due to a halted project to modern ...

Asia Base Oil Price Report

February 9, 2024

Base oil prices in Asia were swayed by divergent currents, with some values moving up on tighter supply, and others falling due to sluggish demand and ...

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, last month. It is one of several ...