Asia

Indias central government enacted the Goods and Service Tax Act partly to facilitate cheaper goods for consumers. In the lubricants market, though, th ...

Korea Forecasts Flat Demand

December 5, 2017

South Koreas demand for lubricants is expected to remain around the level reported this year, which exceeded prior expectations, according to the Kore ...

The United Arab Emirates-based German Mirror Lubricants & Greases launched its Mirr Oils brand of lubricants in India.

SK Considers IPO Again

November 28, 2017

SK Innovation is once again mulling a public stock offering for its lubricants subsidiary, SK Lubricants, the company said in a regulatory filing last ...

SK Sets Bold Goals in China

November 28, 2017

SK Lubricants is aiming to strengthen its presence in China through a business alliance with global tire giant Michelin and a network of branded auto ...

India will introduce stricter vehicle emissions standards in the Delhi metro area in April 2018 instead of in 2020.

Mitsui Eyes Expansion

November 28, 2017

Japans Mitsui Chemicals Inc. plans to expand capacity for its Lucant-branded polymer lubricant additives, the company told Lube Report Asia recently.

Allegedly defective oil produced in Ukraine was blamed for the failure of 30 Pakistan Army tanks last month after similar cases were reported in Ukrai ...

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.