Asia

Bangladeshi lubricant blenders MJL Bangladesh, Lube-rref and Eastern Lubricants Blenders all reported strong increases in profits and sales for the qu ...

Lopal Technology Co. announced last week that it has reached a framework agreement with electric automaker SAIC-GM-Wuling to develop and recycle EV ba ...

The Dongfeng Castrol Oil Products Co. Ltd. joint venture announced early last month the first batch trial lubricants production at its 170,000 metric ...

China has the most extensive range of electric vehicles on offer, with an eye-popping 300 EV models available. Europe's carmakers as a whole come in s ...

South Korean base oil export volumes decreased 1%, and the value of the base oil exported decreased 5% in January, compared with the same month last y ...

India Auto Sales Rose in 2022

February 17, 2023

Automotive sales in India in 2022 increased 12% to 20.8 million units, according to data compiled by the Society of Indian Automobile Manufacturers. A ...

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth quarter, and operating profit for ...

An upgrade of a base oil plant in Fergana, Uzbekistan, is on track for completion by the beginning of 2024, with production scheduled to start later i ...

SK Innovation’s base oils and lubricants business posted a large increase in operating profit for the full year but flat profit for the fourth quart ...

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant in Hainan province, China. The ...

Japan’s domestic finished lubricant consumption rose 28% and its lubricant production jumped 33% in December, according to data released on Tuesday ...

The base oil and lubricants business of S-Oil reported a 23% increase in operating profit for the quarter ending Dec. 31 and a 17% increase in sales r ...

China’s new motor vehicle registrations – including cars, trucks and motorcycles – declined 5% to 34.8 million in 2022, although the country’s ...

South Korea base oil exports volume fell 27%, and the declared value of the exported base oil declined 19% in December, a government agency reported. ...

Total domestic vehicle sales in Japan decreased slightly, and passenger car sales slipped 8% in 2022, according to data released by the Japanese Autom ...

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in which it would aim to raise Rs 35 ...

Japanese specialty lubricant manufacturer Moresco reported a 14% increase in sales revenue for its specialty lubricants segment and a 1% decrease in s ...

Sri Lanka’s cabinet of ministers approved last week a proposal to allow additional suppliers to enter the country’s lubricant market, local news o ...

China’s largest petrochemical refinery is now fully operating, and maleic anhydride and methyl methacrylates are among the materials it is producing ...

South Korean lubricants blender Michang Oil Ind. Co. Ltd. reported a 45% drop in net profit and a 4% increase in sales for the quarter ending Sept. 30 ...