Asia

Moresco Sells Less Synthetics, More Specialties

Moresco Sells Less Synthetics, More Specialties

Lube Report Asia - October 26, 2023

Moresco reported a 10% increase in specialty lubricant sales and a 39% drop in synthetic lubricant sales for the six mon ...

South Korea Base Oil Exports Decline

South Korea Base Oil Exports Decline

Lube Report Asia - October 20, 2023

South Korea exported 21% less base oil in September, and the reported value of those shipments fell 34%, a government ag ...

Savita Commissions Synthetic Ester Plant

Savita Commissions Synthetic Ester Plant

Lube Report Asia - October 20, 2023

India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in n ...

Gulf Oil Blends S-Oil’s Lubes in India

Gulf Oil Blends S-Oil’s Lubes in India

Lube Report Asia - October 20, 2023

S-Oil is contracting Gulf Lubricants Oil India Ltd. to blend and distribute its finished lubes in India – the first ti ...

Azmol-BP Shifts to Georgia, Uzbekistan

Azmol-BP Shifts to Georgia, Uzbekistan

Lube Report EMEA - October 17, 2023

Lubricant maker Azmol-British Petrochemicals has transferred its production activities to Georgia and Uzbekistan after l ...

Additive

MJL Agrees to Buy Land for Expansion

Lube Report Asia - October 13, 2023

The biggest lubricant producer in Bangladesh is taking a step that could allow it to expand sometime in the future. MJL ...

Profits Rise for Michang

Profits Rise for Michang

Lube Report Asia - October 13, 2023

South Korean lubricants blender Michang Petroleum Industry Co. reported a 43% jump in operating profit on a 2% uptick in ...

Hindustan Lube Sales Jump

Hindustan Lube Sales Jump

Lube Report Asia - October 13, 2023

Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 2 ...

Hi-Tech Lubricants Posted Loss, Sales Drop

Hi-Tech Lubricants Posted Loss, Sales Drop

Lube Report Asia - October 6, 2023

Hi-Tech Lubricants’ lubricants segment recorded a net loss and a 26% drop in sales for the fiscal year ending June 30, ...

Additive

Hindustan Will Form Subsidiary for Lubes

Lube Report Asia - October 6, 2023

Hindustan Petroleum Corp. Ltd. plans to create a separate subsidiary for its lubricant business, which it claims is the ...

Kline Predicts Slow Growth in Asia-Pacific

Kline Predicts Slow Growth in Asia-Pacific

Lube Report Asia - October 6, 2023

Asia-Pacific’s finished lubricant demand is projected to grow by a compound annual rate of 0.8% to 2032, with most of ...

Russia Leans on Asian Additives

Russia Leans on Asian Additives

Lubes'n'Greases - October 2, 2023

The major additive companies pulled out of Russia last year. Which countries are now helping Russia to meet demand for a ...

Additive

Trade Group, Agencies Fight Counterfeiting

Lube Report Asia - September 29, 2023

The Indonesia Lubricants Association organized a talk show last month to discuss how it is cooperating with the nation ...

Japan Lube Production Down, Sales Up

Japan Lube Production Down, Sales Up

Lube Report Asia - September 29, 2023

Finished lubricants production in Japan decreased 5%, while domestic sales rose 4% in August, according to data released ...

South Korea Base Oil Exports Dropped in July

South Korea Base Oil Exports Dropped in July

Lube Report Asia - September 22, 2023

South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the sam ...

First Half Improvement at Richful, Lopal

First Half Improvement at Richful, Lopal

Lube Report Asia - September 22, 2023

Richful Lube Additives Co. reported a 71% surge in net profit for the first half of 2023, while lubricant marketer Lopal ...

Additive

McDonch Opening Lube Plant in China

Lube Report Asia - September 22, 2023

McDonch Petrochemical Co. announced on Sept. 1 it will soon open the first phase of a blending plant in Tianjin, China, ...

Yip’s Chemical Reports Financial Rebound

Yip’s Chemical Reports Financial Rebound

Lube Report Asia - September 15, 2023

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating profit for the first hal ...