Asia

Lub-rref (Bangladesh) Ltd. will open a 50,000 metric tons per year API Group II rerefinery by March 2019 with the help of American used oil regenerati ...

Lubrizol Corp. will buy an additional 24 percent stake of Lubrizol India Pvt., a 50-50 joint venture between the American additives supplier and India ...

Kazakhstan lubricant manufacturer Hill Corp. plans to expand its lubricant blending plant in Shymkent and also to begin construction of a long-discuss ...

Tractor operators in India may increasingly turn to universal tractor transmission oils to eliminate the need for multiple oils in one machine, accord ...

The Japanese Automotive Standards Organization revised its diesel engine oil standard, JASO M355, to include a new fuel economy category for heavy-dut ...

Tianhe Chemicals Group Ltd. said it is complying with - but not the subject of - a Hong Kong government anti-bribery agencys investigation into possib ...

For upwards of a year, Indias grease manufactures have had difficulty sourcing lithium hydroxide, a key raw material for making greases thickened with ...

Castrol India Ltd. recorded healthy gains in profit in its most recent quarter, and so did Pakistani supplier Hi-Tech Lubricants. India's Apar Industr ...

In the year since its January 2016 initial public offering, Pakistans Hi-Tech Lubricants Ltd. has invested around 1.2 billion rupees (U.S. $11.4 milli ...

South Korean Exports Increase

February 28, 2017

South Koreas exports of base oils and lubricants continued increasing in 2016, with China the biggest importer of its cargo.

It is no secret that Chinas state-owned enterprises dont always contract their lubricant-supplying peers. Many government agencies have shown preferen ...

Saudi Aramco announced Thursday the launch of a base oil marketing business, marking its shift to an active supplier rather than a somewhat passive ba ...

Chevron Lanka, Continental Petroleums Ltd. and Tide Water Oil Co. profits each took hits in the quarter ended Dec. 31.

A decrease in production of commercial vehicles and buses in 2016 contributed to a marginal drop in Japans total automobile output, and sales were dow ...

A March turnaround at Pakistans only refinery with a base oil unit may cause a temporary shortage in the company's supply of lubricant feedstock.

TonenGeneral Sekiyu K.K. said it will resume full production at its Wakayama refinerys API Group I plant by the end of this year after rebuilding equi ...

Japans base oil exports surged 21.5 percent last year as production and imports increased and domestic demand continued to shrink, according to figure ...

Chinas lubricant market, which grew more than any other in the world for a decade, is forecast to shrink by an average of 0.4 percent annually over th ...

Panama Petrochem Ltd. and GP Petroleums Ltd. each reported near doubling of their profits for the quarter ended Dec. 31, while Gulf Oil and Savita Oil ...

Koreas SK Lubricants and S-Oil both recorded higher operating profits in their base oils and lubricants businesses in 2016, though rising crude prices ...