Asia

Additive

China Base Oil Imports Sagged in November

December 25, 2024

Base oil imports to China fell 26% in November, compared to the same month of 2023, as this year’s incoming shipments ...

HPCL Pumps Money into Base Oil Production

HPCL Pumps Money into Base Oil Production

December 25, 2024

Hindustan Petroleum Corp. Ltd is investing U.S.$551 million on expanding base stocks production at its Mumbai refinery, ...

South Korea Base Oil Export Volume Jumps

South Korea Base Oil Export Volume Jumps

December 18, 2024

The amount of base oil exports from South Korea jumped 23% in November, compared to the same month of 2023, but the valu ...

Japan Lube Demand Dropped in September

Japan Lube Demand Dropped in September

November 27, 2024

Japan produced 159,864 kL of finished lubricants in September, a 24% drop from the same month of 2023, according to the ...

Infineum Plans India Additive Plant

Infineum Plans India Additive Plant

November 20, 2024

United Kingdom-based additive company Infineum will open an additive blending plant in India next year. The announcement ...

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Less Cash for South Korea Base Oils

November 20, 2024

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell ...

PetroChina Closing Dalian Refinery

PetroChina Closing Dalian Refinery

November 13, 2024

Chinese energy company PetroChina will close its Dalian refinery by mid-2025, making it the first state-owned refinery i ...

S-Oil Posts Overall Loss, Base Oils Solid

S-Oil Posts Overall Loss, Base Oils Solid

November 6, 2024

S-Oil blamed a weaker won and tighter refining margins on its third quarter net loss. The same period in 2023 saw brisk ...

Stimulus Should Boost China Market

Stimulus Should Boost China Market

October 30, 2024

China’s lubricant industry stands to benefit from the government’s economic stimulus pledges aimed at stemming the c ...

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China Base Oil Imports Down Again

October 30, 2024

Base oil imports to China fell 35% in September, compared to the same month of 2023, as 2024’s demand for foreign base ...

Chinese Adco Eyes Foreign Markets

Chinese Adco Eyes Foreign Markets

October 16, 2024

Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supp ...

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Japan Sales Plunged in August

October 16, 2024

Sales of finished lubricants in Japan sank to 128,888 kiloliters in August, the lowest level in 17 months, according to ...

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Domestic Preferences Bring Challenges

October 9, 2024

China’s leader Xi Jinping has prioritized supply chain self-reliance, leading Chinese manufacturers to prefer compatri ...

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Chinese MWFs Flow to Belt and Road

October 2, 2024

Chinese metalworking fluids producers are following their automotive clients as they seek out new markets, especially th ...

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South Korea Base Oil Exports Surge

September 25, 2024

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Cu ...

Base Oil Imports to China Decline

Base Oil Imports to China Decline

September 11, 2024

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and l ...

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Exxon Auto Care JV Aims at Youths

September 4, 2024

Armed by big data and social media apps, ExxonMobil’s auto care chain in China, Mobil No.1 Select, is going full lengt ...

China Blenders Must Dig Deeper

China Blenders Must Dig Deeper

August 28, 2024

Fierce competition and weak demand are pushing small companies in China’s lube industry to dig deeper to find opportun ...