Base oil prices were generally higher in Asia on increasing buying interest and tighter availability, but values in some pockets of the market were st ...

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...

Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according to data released today by a gov ...

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – after an operating loss in 2022 � ...

Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a trade organization.

A tighter supply scenario and improved demand continued to support base oil assessments in Asia, although pricing in some segments has begun to unrave ...

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease in sales revenue. In the fourt ...

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has long been one of the world’s ...

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. Meanwhile, MJL Bangladesh repo ...

Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few base stocks saw increases as ...

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...

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 ...