Asia

Fuchs, Zhongding Partner on Immersion Cooling

Fuchs, Zhongding Partner on Immersion Cooling

Lube Report Asia - January 26, 2024

Fuchs Lubricants China Ltd. recently signed a strategic cooperation agreement with Anhui Zhongding Intelligent Thermal M ...

Hindustan Mulls Spin-off of Lubes Business

Hindustan Mulls Spin-off of Lubes Business

Lube Report Asia - January 26, 2024

India’s state-owned oil marketing company Hindustan Petroleum Corp. Ltd. has hired a consultant to advise on a spin-of ...

South Korea Base Oil Exports Rise in December

South Korea Base Oil Exports Rise in December

Lube Report Asia - January 19, 2024

South Korea’s base oil export volume jumped 27% in December, and the declared value of the oils exported was up 29%, a ...

Sinopec Lubricants Progresses on Tianjin Facility

Sinopec Lubricants Progresses on Tianjin Facility

Lube Report Asia - January 19, 2024

Sinopec’s finished lubricant arm has completed the main parts of the first phase of an expansion and upgrade of its fa ...

Saneg Revamped its Group I Base Oils

Saneg Revamped its Group I Base Oils

Lube Report Asia - January 19, 2024

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with ...

New Vehicle, Motorcycle Sales Rise in Japan

New Vehicle, Motorcycle Sales Rise in Japan

Lube Report Asia - January 12, 2024

Japan’s registrations for sales of new passenger cars, trucks and buses rose 14% in 2023, while registrations for sale ...

Eastern Lubricants Suffers Big Drop in Profits

Eastern Lubricants Suffers Big Drop in Profits

Lube Report Asia - January 12, 2024

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales ...

Additive

Richful Announces Project Delays

Lube Report Asia - January 12, 2024

Richful Lube Additive Co. last month announced delays for two major projects – the upgrading of a lubricant additives ...

Industrial Lube Sales Boost Copton

Industrial Lube Sales Boost Copton

Lube Report Asia - January 5, 2024

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 ...

India’s Base Oil Supply Base Set to Jump

India’s Base Oil Supply Base Set to Jump

Lube Report Asia - January 5, 2024

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil c ...

Welcome to Asia Unveiled

Welcome to Asia Unveiled

Lubes'n'Greases - January 2, 2024

Asia is an extremely diverse continent and so is the lubricants landscape in the region.

Japan Lube Production Fell in November

Japan Lube Production Fell in November

Lube Report Asia - December 29, 2023

Finished lubricant production in Japan declined 14%, while domestic sales increased 2% in November, compared to the same ...

PSP Reports Higher Profits

PSP Reports Higher Profits

Lube Report Asia - December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

Additive

Richful Receives Warning from Securities Bureau

Lube Report Asia - December 29, 2023

Richful Lube Additive Co. disclosed this week that it received a warning from securities officials who concluded that so ...

Lopal Posts Higher Sales Revenue

Lopal Posts Higher Sales Revenue

Lube Report Asia - December 22, 2023

Chinese lubricant marketer Lopal Tech Co. reported that increases in the average selling prices by its lubricants segmen ...

Aramco Buys Pakistan Channel for Valvoline

Aramco Buys Pakistan Channel for Valvoline

Lube Report Asia - December 22, 2023

Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified ...

Uzbekistan Base Oil Upgrade Delayed

Uzbekistan Base Oil Upgrade Delayed

Lube Report Asia - December 15, 2023

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, i ...

Profits Down for GS Caltex, Up for Michang

Profits Down for GS Caltex, Up for Michang

Lube Report Asia - December 15, 2023

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils busines ...