Asia

GP Petroleums Q2 Profit Down

November 21, 2017

GP Petroleums Ltd. reported its second-quarter net profit fell nearly 4 percent year on year to Rs 3.13 crore (Rs 31.3 million, or U.S. $477,174), due ...

Lihon Opens Second Blend Plant

November 21, 2017

Daqing, Heilongjiang province-based Lihon Lubricant opened its second production base earlier this month to double its lube blending capacity to 200,0 ...

Agriculture is the backbone of Indias economy, and tractors hold fields of potential for cultivating the countrys lubricants market.

Castrol India Ltd. reported that third-quarter net profit increased 27.5 percent thanks to lower expenses and higher income in the other category. Bal ...

Puma Roars into Pakistan

November 14, 2017

Singapore-based Puma Energy Holdings acquired Pakistans Admore Gas Pvt. and plans to rebrand its 470 retail outlets to market lubricants, the company ...

A Chinese ether maker decided to maximize its competitiveness through serving niche markets.

Profits Up for Koreans, Gulf

November 7, 2017

Three base oil and finished lubricant suppliers in South Korea - SK Lubricants, S-Oil and Hyundai Shell Base Oil - all saw their third quarter profits ...

Gazpromneft-Lubricants last week confirmed it plans to expand its network of fast lube and car maintenance stations into Pakistan, though it refuted a ...

Indias focus on infrastructure development offers opportunities for a strong fiscal year 2017-2018 in both the consumer and business-to-business segme ...

Chevron Lanka Profit Plunges

October 24, 2017

Chevron Lubricants Lanka Plc reported a 34 percent drop in its third-quarter profit, hurt by lower revenue and finance income. Higher expenses also hi ...

Maoming Haihe Chemical Co., formerly known as Maoming Dazetian, is preparing to open a new API Group I base oil plant, with operations slated to begin ...

Best Practices

October 24, 2017

Sara Lefcourt points to Chinas embrace of electric vehicles.

CNPC Aims Big in Additives

October 17, 2017

CNPC has begun supplying a variety of lubricants-related products, including lube additives, in a bid to gain new clients and fight for market share.

Foreign companies supply the largest portion of consumer lubricants in China, and domestic oil majors hold sway over the industrial segment. Yet indep ...

Hindustan Petroleum Corp. Ltd. began selling lubricants in Myanmar, claiming its the first Indian oil marketing company to expand into the Southeast A ...

Disruptive technologies such as electric vehicles will cause Chinas demand for engine oils to decline faster than expected, said Steven Zhang of Kline ...

JXTG Keeps Mobil Lubes

October 3, 2017

Japans JXTG Group will convert all of its 2,800 Esso- and Mobil-branded fuel stations in the country to Eneos by 2020, but will continue selling Exxon ...

Indias largest car manufacturer, Maruti Suzuki, has launched the Ecstar brand of lubricants and coolants in the country, a move that may intensify com ...

GP Petroleums Ltd. will close its lubricant plant in western Indias Daman region due to discontinuation of tax benefits under the countrys new Goods a ...

China Wants Higher VI

October 3, 2017

Chinese refiners have built a lot of capacity to produce API Group II base stocks, but the viscosity indices of the oils from those plants are largely ...