The upward price movement that most base oils have experienced over the last several weeks persisted in Asia, but seemed to be stalling, as supply was ...
India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in new product categories and the ...
S-Oil is contracting Gulf Lubricants Oil India Ltd. to blend and distribute its finished lubes in India – the first time S-Oil lubes have been manuf ...
Lubricant maker Azmol-British Petrochemicals has transferred its production activities to Georgia and Uzbekistan after losing control of its factory i ...
The biggest lubricant producer in Bangladesh is taking a step that could allow it to expand sometime in the future. MJL Bangladesh Plc signed a memora ...
South Korean lubricants blender Michang Petroleum Industry Co. reported a 43% jump in operating profit on a 2% uptick in sales for the quarter ending ...
Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 20% rise in sales to the Middle ...
Volatility in crude oil markets triggered by the Hamas attack on Israel over the weekend added another degree of uncertainty to the base oils segment. ...
Hi-Tech Lubricants’ lubricants segment recorded a net loss and a 26% drop in sales for the fiscal year ending June 30, citing sluggishness in Pakist ...
Conditions in the Asia base oils market appeared fairly steady, as a balanced-to-tight supply and demand ratio and recent increases in feedstock price ...
Hindustan Petroleum Corp. Ltd. plans to create a separate subsidiary for its lubricant business, which it claims is the largest in India, according to ...
Asia-Pacific’s finished lubricant demand is projected to grow by a compound annual rate of 0.8% to 2032, with most of that growth occurring in the f ...
The major additive companies pulled out of Russia last year. Which countries are now helping Russia to meet demand for additives and finished lubes?
The Indonesia Lubricants Association organized a talk show last month to discuss how it is cooperating with the nation’s government to crack down on ...
Base oil prices in Asia continued on an upward trek, with the exception of API Group III values, which have softened given fairly bland buying interes ...
Finished lubricants production in Japan decreased 5%, while domestic sales rose 4% in August, according to data released today by a government agency.
South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the same month last year, the Korea C ...
Richful Lube Additives Co. reported a 71% surge in net profit for the first half of 2023, while lubricant marketer Lopal Tech Co. posted a 4% increase ...
Tighter base oil supply and demand conditions, together with steep crude oil, fuels and feedstock prices were impacting pricing in Asia. Suppliers hav ...
McDonch Petrochemical Co. announced on Sept. 1 it will soon open the first phase of a blending plant in Tianjin, China, with capacity to make 50,000 o ...
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