Asia

Japan Lube Demand Rebounds

October 29, 2021

Japan consumed 140,064 kiloliters of finished lubricants in September, according to data released by a government agency. The volume was an increase f ...

Japan Flags Two Chemicals

October 22, 2021

The Japanese Ministry of Health, Labor and Welfare issued a report last month flagging concerns about seven chemicals, including two that are used by ...

Korea Base Oils Stay Strong

October 22, 2021

South Korea exported a larger volume of base oils and more than doubled its declared export value in September, compared to the same month last year. ...

Amer to Open Factory in 2022

October 22, 2021

Chinese metalworking fluids supplier Amer is building a production facility in Dongguan, Guangdong province, where the company is headquartered. With ...

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of both specialty lubricants and synthetic oils for its second fiscal qu ...

A Malaysian joint venture between BASF and Petronas will double its capacity to make 2-ethylhexanoic acid due to growing demand in applications such a ...

Lanxess said this week that it will expand its output of aminic antioxidants for lubricants at a chemical factory in Taiwan. The German chemical compa ...

Toyota revealed that by 2025, its iconic Prius would be powered by a hydrogen-fueled internal combustion engine, according to Japanese automotive medi ...

Sinopec has finally started up an API Group II base oil unit at its Yanshan Petrochemical refining complex, eight years after the unit was built. The ...

Sales of new energy vehicles – mostly electric vehicles and hybrids – in China reached a record 321,000 in August, the fourth consecutive month of ...

Chinese lubricants blender Qingdao Copton Tech Co. reported increases in net profit and operating income for the first half of this year, compared to ...

Japan's finished lubricants consumption and production both declined sharply in August, compared to the same period last year, according to data relea ...

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported improved operating profit and sales for the first half of this year ...

Specialty chemical supplier Albemarle Corp. announced yesterday that it has agreed to purchase Guangxi Tianyuan New Energy Materials Co., a start-up t ...

DL Chemical to Acquire Kraton

September 29, 2021

South Korean-based DL Chemical Co. Ltd. will acquire Houston-based Kraton Corp. for $2.5 billion in cash under a definitive merger agreement announced ...

Cosmetics chemical supplier Rianlon obtained an okay from the Shenzhen Stock Exchange this week for its proposed acquisition of a majority stake in Ka ...

South Korea exported a smaller volume of base oils but with a higher declared export value in August, compared to the same month last year, suggesting ...

Kazakhstan is working on several new petrochemical refining projects carrying a combined price tag of U.S. $12 billion, and some of them – including ...

Chinese grease producer Hengmei Technology Grease Co. still plans to establish a lubricant blending plant in Pakistan’s Balochistan Province as part ...

Hi-Tech Posts Higher Profits

September 17, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. reported higher consolidated net profit for the quarter and for the fiscal year ending June 30.