South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for the fourth quarter of 2020, whil ...

SK Innovation is reportedly preparing to accept final bids for a 49% stake in SK Lubricants, and news organizations are speculating that the company c ...

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Petroleums Ltd., along with MJL ...

Japan consumed 1.4 million kiloliters of finished lubricants in 2020, down 13% from 1.6 million kL in 2019, according to data released Feb. 9 by a gov ...

Gulf Oil Lubricants India Ltd., Apar Industries’ transformer oil and specialty oil segment, Balmer Lawrie’s grease segment, Savita Oil and Maximus ...

Bangladesh lubricant marketer Lub-rref began the second half of its initial public stock offering last week, opening its sale of shares to the public ...

Castrol India reported a 30% decline in profits for 2020, although the company said it rebounded during the second half of the year, as demand gradual ...

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operating income for 2020, while both ...

New vehicle sales in Japan fell 12% in 2020 to 4.6 million units, according to the Japanese Automobile Manufacturers Association. The decline – in l ...

Auto sales in China declined 1.9% in 2020 to 25.3 million units, according to data released by the China Association of Automobile Manufacturers.

PetroChina last month opened a pilot plant producing low-viscosity polyalphaolefin in Lanzhou, China, using technology developed by Chinese researcher ...

Japan consumed 124,191 kiloliters (111,700 metric tons) of finished lubricants in November last year, down 23% from November 2019, according to data r ...

South Korea exported less base oil at less value in November last year than in the same month of 2019, according to Korea Customs Service Data.

India’s central government will probably break apart Balmer Lawrie & Co. and divest its units – including its greases and lubricants business ...

Japan’s Idemitsu Kosan Co. will consolidate its lubricant and grease business by buying up stock of Toa Oil Co. to make the small refiner a wholly-o ...

The parent company of SK Lubricants is looking for partners for base oil and chemical joint ventures, according to a New Year’s address by its CEO. ...

Indian Oil Corp. Ltd. opened a lubricant blending plant in Kolkata last month, saying the plant will support and benefit the economic development of E ...

Cambodia will eliminate tariffs on imported industrial lubricants effective Jan. 1 in an attempt to boost competitiveness of industries that use them.

Rianlon Corp., a Tianjin, China-based chemical company, will buy over 90% of the shares in Kangtai Lubricant Additives Co., a major Chinese lubricant ...

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of other significant happenings, f ...