Asia

China’s Jiangsu Lopal Tech. Co. and Richful Lube Additive Co. recorded increases in net profit and revenue last year as both seemed to benefit from ...

South Korea exported more base oil at a much higher value in March than in the same month in 2020, according to data released by the Korea Customs Ser ...

Chinese refiners have opened several API Group III base oil plants in recent years, but for several reasons they do not meet the needs of local lubri ...

Japan’s finished lubricants consumption reached 128,987 kiloliters in February, up 7% from 120,394 kL in the same month in 2020, according to data r ...

Chinese lubricants marketer Jiangsu Lopal Tech recently exported its first batch of lubricants to Pakistan, which it said marked another step in its i ...

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter that ended Dec. 31, with lower ...

The Year of the Ox

April 1, 2021

Asia’s Increasing Influence on the Global Lubes Market After a tumultuous year for lubricant markets around the globe, many uncertainties still l ...

South Korea exported more base oil at a greater value in February than in the same month in 2020, according to data published by the Korea Customs Ser ...

Asia-Pacific’s wind power capacity reached almost 56 gigawatts in 2020, a 78% increase from 2019, according to data released last week by the Global ...

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business reported higher operating profit and sales for the full year 2020, boosted by d ...

Base oil exports from South Korea dropped 9% in 2020, according to data published by the Korea Customs Service, due to the impacts of the COVID-19 pan ...

Japanese metalworking fluids and industrial oil producer Yushiro Chemical Industry Co. reported steep drops in operating profit and sales for the quar ...

DuPont said last week that it is investing $40 million to construct specialty lubricant manufacturing units at existing factories in Japan and in the ...

Japan consumed 111,525 kiloliters of finished lubricants in January, a 13% decrease from 128,237 kL in January 2020, according to data released this w ...

DuPont said last week that it is investing $40 million to construct specialty lubricant manufacturing units at existing factories in South Carolina an ...

Dow signed a memorandum of understanding Thursday to build a specialty chemicals hub in Zhanjiang, China. The $250 million project will make chemicals ...

Asia’s base oil market experienced whiplash over the past year, as the impacts of COVID-19 pandemic shutdowns caused a cascading wave of effects on ...

Chevron Lubricants Lanka Plc reported higher profits, and Japan’s KH Neochem Co. posted declines in operating profit for the fourth quarter and full ...

Zeller+Gmelin Expands in China

February 26, 2021

German lubricant Zeller+Gmelin said this week that it is expanding in China, relocating into a larger factory after agreeing to buy out its joint vent ...

China Lube Demand Keeps Rising

February 26, 2021

China’s lube demand is projected to grow about 3% to 8.2 million tons in 2021, boosted by demand stemming from new infrastructure projects, accordin ...