Asia

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The Arduous Path of Rerefining in Asia

August 14, 2024

As global environmental concerns and sustainability efforts continue to grow, many governments have started to implement ...

Police Swoop on Fake Oil Factory

Police Swoop on Fake Oil Factory

August 14, 2024

Law enforcement over the weekend seized drums of counterfeit Castrol engine oil and packaging during a raid in the city ...

S-Oil Base Oil Income Steady in Q2

S-Oil Base Oil Income Steady in Q2

July 31, 2024

S-Oil's Q2 base oil results were steady, while petrochemicals income offset poor refining returns.

Societal Shifts Shape Asia Lube Trends

Societal Shifts Shape Asia Lube Trends

July 31, 2024

Societal needs will drive lubricant industry changes, and Asia will see some of the most dramatic developments given the ...

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Lubrizol Plans India Additive Factory

July 31, 2024

Lubrizol Corp. announced plans to build a U.S. $200 million factory in India to make chemical additives for lubricants a ...

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India Grease Production Rising

July 24, 2024

Grease production in India will ramp up by almost 37% over the next six years, according to a Mumbai-based producer. Sp ...

SK to be APAC’s Biggest Energy Company

SK to be APAC’s Biggest Energy Company

July 24, 2024

The merger announced last week between SK Innovation and SK E&S will create the largest private energy company in th ...

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Bohui Halts TDAE Production

July 17, 2024

Chinese private refiner Bohui ceased operation of its aromatic extraction and treated distillate aromatic extract units ...

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EU Mulls Cutting EV Tariffs for Germany

July 17, 2024

Volkswagen and BMW may be able to persuade the European Commission to lower tariffs on the electric vehicles they make ...

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Thailand Lube Sales Regain Covid Losses

July 17, 2024

Lubricant sales in Thailand are expected to recover to pre-Covid levels, said an official from the Department of Energy ...

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South Korean Base Oil Exports Tumble

July 16, 2024

Base oil exports from South Korea tanked in June, falling 4% from the same month of 2023, when the quantity was also exc ...

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Shell Expands Thai Grease Plant

June 28, 2024

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the ...

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India Market Still Growing

June 28, 2024

Lubricant demand in India, the world’s third-largest market, has grown to 3.11 metric tons per year and will continue ...

Palm Transformer Oil Project Advances

Palm Transformer Oil Project Advances

June 21, 2024

Biofuels producer BBGI Group, along with fellow Thailand-based partners SCG Chemicals and QTC Energy, announced successf ...

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South Korea Base Oil Imports Jump

June 21, 2024

South Korea’s base oil export volume jumped 21% in May, while the reported value of those exports increased 4%, compar ...

Michang Records Earnings Bump

Michang Records Earnings Bump

June 21, 2024

South Korean lubricants blender Michang Petroleum reported a 13% increase in net profit despite a 4% decline in sales re ...

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China Offers Opportunities for PAO

June 14, 2024

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin bas ...

Hi-Tech Lubricants Lowers Loss

Hi-Tech Lubricants Lowers Loss

June 14, 2024

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine month ...