Asia

The global lubricants market will stagnate through 2050, with sluggish demand for transportation lubricants estimated to fall 1.1% per year on average ...

South Korea exported 23% less base oil volume in October, and the declared value of the exports was down 14%, compared to the same month last year, ac ...

The Hinduja family is reportedly nearing resolution to a long-running feud and could divide a business empire that includes Gulf Oil Lubricants India ...

South Korean lubricant marketer startup Seoul Innovative Technologies Corp. recently began to have lubricants produced in Russia through a toll blendi ...

Japanese lubricant blender Idemitsu Kosan developed an ash-free heavy-duty diesel engine oil with no metallic detergents while maintaining anti-wear p ...

Among South Korean base oil refiners, SK Lubricants reported a slight increase in operating profit for the third quarter, noting that lower costs and ...

Japan’s finished lubricants consumption surged by 34%, lubricants production jumped 32%, and lubricants exports increased 20% in September, accordin ...

Castrol India Ltd. reported slightly higher profits and sales for the quarter ending Sept. 30, saying it managed pricing and costs to protect margins ...

Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base Oil in the third quarter, whil ...

Eneos Closes Group I Plant

October 28, 2022

Eneos Corp. closed the API Group I base oil plant at its Negishi refinery near Tokyo this month, part of a decision to permanently close most of the r ...

Richful Lube Additive Co. has proposed investing ¥1 billion (U.S. $138.3 million) to expand its lubricant additive factory in Xinxiang, China, instal ...

A petrochemical joint venture in China between China National Offshore Oil Corp. and Shell has licensed technology from Neste for a polyalphaolefin pl ...

Just when things looked like they were getting back to normal, the conflict in Ukraine prolonged base oil market uncertainty.

ExxonMobil is upgrading its lubricant blending plant in Tianjin, China, in response to projected long-term demand growth from Chinese customers, the c ...

BASF announced on Tuesday it will invest an undisclosed amount to build a neopentyl glycol plant with 80,000 metric tons per year capacity at its new ...

Moresco Corp. reported an 11% increase in sales revenue for its specialty lubricants segment and a 4% decline in sales for its synthetic lubricants se ...

Japan’s finished lubricants consumption surged up by 79%, and production was up 31% in August, compared to the same month last year, according to da ...

BASF and Hannong Chemicals have tentatively agreed to form a joint venture that would manufacture non-ionic surfactants in South Korea for metalworkin ...

Pakistan-based blender Hi-Tech Lubricants Ltd.’s consolidated net profit for the quarter ended June 30 was down by more than 900%, while sales were ...

Additives manufacturer SI Group is expanding production capacity at its Rasal, India, factory for antioxidants used in lubricants and greases, and wil ...