Asia

Castrol India Ltd. reported nearly a 30% increase in profits for 2021, although sales for the quarter ended Dec. 31 were flat. Profits for the quarter ...

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in profit for the quarter ending Dec. 31 and for full year 2021. S-Oi ...

Japan consumed 1.5 million kiloliters (1.3 million metric tons) of finished lubricants in 2021, a 4% increase from 2020’s total, according to data r ...

China overtook the United States in 2021 as the country with the most base oil refining capacity. What contributed to its rise?

Eneos Corp., said this week that it will close its refinery in Wakayama, Japan – which includes a base oil plant – by 2023. Combined with previous ...

Hong Kong’s Securities and Futures Commission sanctioned Tianhe Chemicals Group Ltd. and its executive director this week, finding them culpable for ...

A start-up research and development company has begun building a demonstration plant in East China that is designed to make metallocene polyalphaolefi ...

Georgia imported 18,860 tons of motor oils in 2021, a 1.2% drop compared to the year before, and a trade organization said the country’s motorists a ...

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and slightly higher sales of synthetic oils for ...

Domestic vehicles sales in Japan last year were down slightly from 2020 and remained well behind 2019, according to data released by the Japanese Auto ...

South Korea exported more than 400,000 metric tons of base oil at a value of more than $425 million in December, marking the fourth consecutive month ...

Malaysia aims to fully switch to B20 diesel by the end of this year, according to a Reuters report, completing a transition that was originally schedu ...

The falling costs for wind energy turbines in China, where high coal prices have caused a number of power shortages during 2021, could represent a gro ...

China recently halted land-based import of a variety of Russian products, including finished lubricants, after authorities found COVID-19 virus on som ...

Researchers at two China universities said recently that nano-copper particles show early promise to become part of a new generation of industrial lub ...

Eastern Lubricants Blenders Ltd.’s profit jumped more than ten-fold for its fiscal year ended in mid-2021, thanks to a resumption of its sporadic ba ...

Japan Demand Fell in November

December 31, 2021

Japan’s finished lubricant demand dropped by more than 10% in November, compared to the same month last year, but was up a bit from October, accordi ...

Already in the midst of building its second factory, Richful Lube Additive Co. last week unveiled plans to expand its existing chemical manufacturing ...

KH Neochem Approves Expansion

December 31, 2021

The board of directors of Japan’s KH Neochem Co. decided on Dec. 27 to invest ¥9.5 billion at its manufacturing plant in Ichihara City, Chiba Prefe ...

State-owned energy company China National Offshore Oil Corp. has begun producing API Group III base oils at its refinery in Taizhou, Jiangsu province, ...