Asia

Matching the proper grease formulations to the right applications in automotive engines and drivelines can help conserve energy, an expert said at an ...

India is a big country with a big thirst for base oils. This traditionally Group I market is continuing its shift toward higher-performance base stock ...

Valvoline Inc. has resumed construction of a lubricants plant in Zhangjiang, China, after suspending the project in February amidst the country’s co ...

Castrol India and Gulf Oil Lubricants India each temporarily closed its lubricant plants as the government tries to stop the spread of the deadly coro ...

A Sri Lankan government agency raided 15 retail shops in mid-February and confiscated unauthorized lubricants as part of an effort to address the incr ...

Japan exported 4.8 million motor vehicles in 2019, a marginal increase from 2018, while domestic sales for all motor vehicles dropped 1.5 percent, acc ...

India Amends Grease Standards

February 28, 2020

Attempting to ease the impact of growing competition for lithium, India expanded a government performance standard for greases to cover other types of ...

Base oil refiners in Asia are slashing production and looking for alternative markets amid plummeting lubricant and grease demand in China, industry i ...

Lube consumption in China dipped 1.3 percent to an estimated 7.4 million metric tons in 2019, while the value of the market remained the same at nearl ...

Kolkata-based Tide Water Oil Co. (India) Ltd. reported a net profit of Rs 30.8 crore (Rs 308 million or U.S. $4.3 million) for the three months ending ...

United Arab Emirates-based GP Global said it plans to invest Rs 100 crore (Rs 1 billion or U.S. $14 million) to build a greenfield lubricant blending ...

South Korea lubricant consumption fell to a 10-year low of 990,455 kiloliters (889,627 metric tons) in 2019, the Korea Lubricating Oil Industries Asso ...

Evonik announced yesterday the commissioning of a pilot plant for scale-up of hydrogenation catalysts for oils and fats at its site in Dombivli, India ...

South Koreas major base oil refiners - SK Lubricants, S-Oil, GS Caltex, and Hyundai Shell Base Oil - each reported steep declines in operating profit ...

Japans volume of primary energy supply - oil, natural gas, coal, nuclear and renewable electricity - is projected to decline by 0.4 percent in fiscal ...

Domestic automobile sales in India declined nearly 14 percent year-on-year to 23.1 million units in 2019, according to data from the Society of Indian ...

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I base oils and waxes - plunged 52 ...

China Auto Sales Drop Again

January 24, 2020

Auto sales in China fell again in 2019, decreasing 8.2 percent to 25.8 million units, according to data released by the China Association of Automobil ...

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 million or U.S. $4.5 million) bef ...

Wax Industry Feels Pressure

January 22, 2020

As the trade war between Washington and Beijing continues, the United States paraffin-based wax industry is feeling pressure as sales dip and alternat ...