Asia

Japanese industry has a reputation for being dominated by large domestic companies, but in the past few years, shares of the nation’s lubricant mark ...

Lube Consumption Up in Japan

December 18, 2020

Japan consumed 133,229 kiloliters of finished lubricants in October, up 17% from October 2019, according to data released last week by a government ag ...

Shell to Close Singapore Plant

December 18, 2020

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently close its base oil plant in Pulau ...

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving from an operating loss in 201 ...

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean Tankers (Pte), the shipping ar ...

South Korea exported more base oil in October than in the same month in 2019, according to Korea Customs Service data. However, the value was down yea ...

Richful Lube Additive Co. plans to build its second factory – located in Cangzhou, Hebei province, China – after conducting an initial public stoc ...

China’s vehicle population, forecast to surpass the United States’ by the end of this year, has been transitioning to more powerful cars and truck ...

The Asian Lubricant Manufacturers Union appointed Bernard Wong as its new executive director effective Dec. 1.

In Japan, KH Neochem Co. reported steep declines in third-quarter operating income and net sales for its performance materials segment, while metalwor ...

Sinopec lube business arm Great Wall and Tsinghua University’s Tianjin Research Institute for Advanced Equipment formed a joint research center in T ...

Lanka IOC said recently that it expects to complete construction of Sri Lanka’s first grease plant by the end of this year and that the 3,000 metric ...

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

Mitsui Chemicals Inc. announced last week that it has finished building a plant that will make synthetic hydrocarbon fluids that it markets under the ...

For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in profits, while MJL Bangladesh L ...

South Korea’s volume of base oil exports for September were barely higher than the same month of 2019 and slightly less than in August of this year, ...

Sanyo Chemical Plant Delayed

November 13, 2020

Japan’s Sanyo Chemical Industries delayed until early next year the start of operations at its new viscosity index improver plant in South Korea bec ...

Castrol India Ltd. reported higher profit for the quarter ending Sept. 30, compared to the same period in 2019, while Gulf Oil Lubricants India Ltd. p ...

Japan consumed 109,012 kiloliters of finished lubricants in September, according to data released Oct. 30 by the country’s Ministry of Economy, Trad ...

For the quarter ending Sept. 30, India’s Apar Industries posted higher net profit and Sri Lanka’s Lanka IOC reported a huge decline in profit, com ...