Spot base oil prices in Asia continued to face downward pressure on weaker demand and ample supplies, although ongoing and imminent turnarounds may li ...

Indian Oil Corp. Ltd. and Nepal’s Golchha Group signed a joint venture agreement to manufacture lubricants in the Himilayan country to cater to the ...

Japan’s lubricants production volume declined 16%, and its domestic lubricants sales volume dropped 46% in April, compared to volumes in the same mo ...

Adverse trends in supply chain and sales, including unstable base oil prices and rupee depreciation, were among market factors cited by Indian compani ...

India rerefiner IFP Petro Products announced last week that it has entered a partnership with Germany-based Avista Oil AG to expand its rerefining and ...

Slowing demand has started to exert downward pressure on base oil prices in Asia, but this trend may be offset by ongoing and upcoming turnarounds, wh ...

Georgia imported almost 7,000 metric tons of finished lubricants from January through April of this year, up 7% compared to the same period in 2022, a ...

Yushiro Chemical reported that its net profit more than tripled for the fiscal year ended March 31, boosted by strong performance in Japan and the Ame ...

Base oil prices were generally maintained at unchanged levels in Asia, although there was downward pressure on some segments as demand was starting to ...

South Korea exported 13% more base oil at a 10% higher declared value in April, compared to the same month last year, posting the second highest numbe ...

In a nod to India’s growing lubricant market, Bharat Petroleum Corp. Ltd. said this week that it will construct a new finished lubricant blending pl ...

Protecting and managing margins was a common theme for several India companies announcing financial results for the quarter and fiscal year ending Mar ...

With the warmer temperatures, base oil demand has heated up in some countries, but it typically cools down in some others such as the key market China ...

India’s automotive lubricant market has a new player – the country’s largest manufacturer of braking systems. Brakes India Ltd. announced its en ...

Base oil prices were stable to soft in Asia on balanced supply and demand, and despite tightening availability of certain grades due to ongoing or imm ...

First quarter operating profits for SK Enmove and GS Caltex’s base oils and lubricants division jumped 22% and 77% compared to the same period of la ...

Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which will be located at the Sumgait ch ...

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant ...

An industry association in Turkmenistan recently opened a finished lubricant factory, according to a news release by the Turkmen state news agency THP ...

Steady demand against adequate inventories continued to support prices in Asia. Despite some markets showing less vigorous conditions than others, upc ...