Asia

Tide Water Oil Profits, Sales Rise

Tide Water Oil Profits, Sales Rise

Lube Report Asia - September 8, 2023

Higher sales and increased revenue from other sources helped Tide Water Oil (India) Ltd. post a 12% increase in net prof ...

Japan Lube Consumption Rises

Japan Lube Consumption Rises

Lube Report Asia - September 8, 2023

Japan’s consumption of finished lubricants increased 7%, while production and exports of lubes fell 13% and 27%, respe ...

Courting OEMs, Other Types of Customers

Courting OEMs, Other Types of Customers

Lube Report Asia - September 8, 2023

As competition ramps up for business with original equipment manufacturers, Chinese lubricant companies are working to d ...

China in Your Hand

China in Your Hand

Lubes'n'Greases - September 6, 2023

China has become a powerhouse country. As such, it has the ability to make or break global sustainability efforts.

JASO Motorcycle Oil Specification Gets a Facelift

JASO Motorcycle Oil Specification Gets a Facelift

Lubes'n'Greases - September 6, 2023

An updated motorcycle oil specification is set to hit the market soon. What’s new, and how might the new standard affe ...

Profits Fall at Lanka IOC, Chevron Lanka

Profits Fall at Lanka IOC, Chevron Lanka

Lube Report Asia - September 1, 2023

Operating profit for Lanka IOC plummeted 80% for the quarter ended June 30 due to a steep increase in cost of sales, whi ...

Additive

Chinese Blenders Adapt to Economic Downturn

Lube Report Asia - September 1, 2023

Amid a weak economy that is on the brink of deflation, Chinese blenders are keen to seek alternative options to keep the ...

Moresco Buying Out China Joint Venture Partner

Moresco Buying Out China Joint Venture Partner

Lube Report Asia - September 1, 2023

Japanese specialty lubricant producer Moresco Corp said this week that it will buy out its partner in a specialty lube j ...

Moresco Acquires Michigan Supplier

Moresco Acquires Michigan Supplier

Lube Report Americas - August 30, 2023

Japanese specialty lubricant manufacturer Moresco Corp. expanded its die casting lubricant market and production capabil ...

Additive

Duties Blamed for Slide in Kazakh Exports

Lube Report EMEA - August 29, 2023

The competitiveness of Kazakhstan lubricant makers against Russian counterparts suffered because of the high duties paid ...

SK Ties Up with Dell, GRC for Immersion Cooling

SK Ties Up with Dell, GRC for Immersion Cooling

Lube Report Asia - August 25, 2023

SK Enmove on Wednesday announced the signing of a memorandum with Dell Technologies and GRC to develop immersion cooling ...

SK, Dell, GRC Link for Liquid Immersion Cooling

SK, Dell, GRC Link for Liquid Immersion Cooling

Lube Report Americas - August 23, 2023

SK Enmove today announced a memorandum of understanding with computer maker Dell Technologies and United States-based GR ...

Luroda Buys Out GS Caltex for Tianjin Plant

Luroda Buys Out GS Caltex for Tianjin Plant

Lube Report Asia - August 18, 2023

Chinese lubricant manufacturer Luroda recently acquired GS Caltex’s 65% share in their joint venture blending plant in ...

South Korea Base Oil Exports Plummet

South Korea Base Oil Exports Plummet

Lube Report Asia - August 18, 2023

South Korea exported 34% less base oil in July, and the reported value plunged 48%, compared to the same month last year ...

Asian Imports Ascend in Russia

Asian Imports Ascend in Russia

Lube Report EMEA - August 15, 2023

Russia imported 282,000 tons of motor oils in 2022, and more than half of that was shipped from Asia, according to a new ...

Bullish Outlook Given for India Market 

Bullish Outlook Given for India Market 

Lube Report Asia - August 11, 2023

India’s lubricant market will be a bright spot in the global industry over the next decade, according to a consultant ...

Chaoshui Opens Metalworking Fluid Production

Chaoshui Opens Metalworking Fluid Production

Lube Report Asia - August 11, 2023

Aiming to offer replacements for foreign products, Chaoshui Technology Co. last week formally opened a metalworking flui ...

Results Mixed for Gulf, GP, Savita, Castrol India

Results Mixed for Gulf, GP, Savita, Castrol India

Lube Report Asia - August 11, 2023

The quarter ending June 30 brought mixed results for several Indian lubricant companies, as Gulf Oil Lubricants India Lt ...