Asia

Chinese blender Qingdao Copton Technology Co. increased earnings by 31 percent on the year in its third quarter and sold one of its subsidiaries, a wh ...

South Koreas lubricant consumption increased marginally in 2016 but is not likely to show any growth in 2017, the Korea Lubricating Oil Industry Assoc ...

Tide Water Q2 Profit Declines

November 29, 2016

Lubricants maker Tide Water Oil Co. (India) Ltd. reported a nearly 16 percent drop in its second-quarter net profit, due in part to a rise in total ex ...

More Chinese blenders are registering their lubricants under NSF Internationals program for food-grade compounds. The latest to do so, Beijia Lubricat ...

Sri Lankas demand for marine lubricants plummeted last year, and some observers blame high import duties for driving up local costs and steering shipo ...

Net profits for Thai Lube Base fell 69 percent during the quarter ended Sept. 30, while Indias Continental Petroleums and Panama Petrochem recorded a ...

Lubricant demand in India is projected to rise 4.3 percent this year, according to Kline & Co., with strong growth for passenger car and two-wheeler l ...

Balmer Lawrie & Co.s greases and lubricants segment recorded a 17 percent increase in operating profit in its second quarter, and blender GP Petroleum ...

China recently introduced a ban on overloading transport vehicles, aiming to improve safety and road management. Some lube suppliers say more trips wi ...

OEM Tie-ups Offer Foot in Door

November 15, 2016

Despite low margins, tie-ups with original equipment manufacturers are popular with lubricant marketers because of the chance to build brands and grab ...

Idemitsu Kosan Co. reported a 5.6 percent increase in lube sales in the first half of its fiscal year and announced that it will merge management offi ...

Asian countries, and China in particular, are fueling rapid growth in the wind energy industry and creating opportunity for lubricant suppliers, a con ...

A forensic accountant hired to investigate questions raised about Tianhe Chemicals 2014 financial records found no fraud or accounting irregularities, ...

Korean refiners SK Lubricants and S-Oil posted moderate increases in profit in their third quarters despite reduced sales revenues. Castrol India Ltd. ...

Several countries in Asia are changing their approach to evaluating and restricting chemical substances, according to a global trade expert who recent ...

Chinas and Indias car parcs - already two of the worlds largest - will double by 2023, a new study predicts. As lubricants volumes boom, providers mus ...

Gulf Oil Lubricants India Ltd. has agreed to supply motorcycle engine oils for Bajaj Auto - a step, Gulf hopes, toward carving a position in Indias tw ...

SK Pivots to Finished Lubes

October 25, 2016

Citing volatility in the base oils market, SK Lubricants, which produces more API Group III than any other company, plans to increase emphasis on grow ...

With no domestic virgin base oil production and an abundance of recyclable used oil, Bangladesh could pose opportunities for rerefiners. But players s ...

Gulf Oil Lubricants India Ltd. reported that its second-quarter net profit jumped 28 percent year on year thanks to volume gains across all segments a ...