Chinese lubricant marketer Lopal Tech Co. reported a 9% increase in first quarter sales revenue for its lubes segment despite a 6% decrease in sales v ...
In step with central government goals for a wide range of sectors, China’s lubricant industry is in a hurry to develop domestic replacements for imp ...
The march of China companies stepping into the polyalphaolefin business continues, as acrylic acid producer Satellite Chemical recently disclosed plan ...
The Japanese Society of Automotive Engineers has updated its JASO T 903 performance specification for four-stroke motorcycle engine oils, incorporatin ...
China’s Richful Lube Additives Co. reported an 88% jump in net profit for and a 58% rise in sales revenue for the first quarter, compared to the sam ...
More moderate activity in key base oil consumer markets such as China and India continued to place downward pressure on spot prices in Asia. Regional ...
Georgia imported almost 8,930 tons of finished lubricants from January through May, up 9% from the same period last year, the country’s Association ...
Although China is on track to double its wind and solar capacity by 2025 – five years ahead of its government’s target year – the current pace a ...
Consumption of finished lubricants in Japan rose 13%, while the country’s lubricants production declined 9%, and lubricant exports tumbled 20% in Ma ...
Chinese lubricants blender Qingdao Copton Tech Co. reported a 12% increase in first quarter net profit, compared to the same period of 2022, and a 68% ...
Base oil prices in Asia continued to be exposed to downward pressure due to declining demand and lengthening supply, with macroeconomic factors and vo ...
Lanka IOC reported a hefty jump in operating profit for its fiscal year ending March 31, boosted by commissioning Sri Lanka’s first local grease pla ...
South Korea exported 12% less base oil in May – for its lowest volume since the end of last year – and its reported value declined by 16%, accordi ...
Ample supply and slowing demand continued to place downward pressure on base oil spot prices in Asia. Seasonal patterns, along with macroeconomic unce ...
Use of lithium soap grease thickeners dropped significantly in China and South Asia in 2022, according to the latest version of the National Lubricati ...
Indian Oil Corp. Ltd.’s expansion of its Haldia base oil plant is on track to be completed by the end of this year – a year later than originally ...
A rebound in base oil sales helped Eastern Lubricants Blenders achieve massive improvements in profit and revenue for the quarter ended March 31, whil ...
Petronas Chemicals Group Bhd. is buying a maleic anhydride plant from its Malaysian joint venture with BASF and plans to upgrade the facility to produ ...
Many buyers in Asia adopted a wait-and-see attitude at the first signs that spot prices were starting to come down, and this has exacerbated the seaso ...
Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating profits for Hyundai Shell Base Oil ...
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