Asia

The Chinese grease market, the worlds largest, needs to undergo a significant shift in coming years toward high-performance, high-temperature products ...

Tide Water Oil and Apar Industries Ltd.s specialty oils and lubricants business both posted big earnings increases for the three months ended Dec. 31, ...

Base oil production in Japan fell 3.4 percent in 2015, part of a continuing trend of shrinking demand for petroleum products by Asias third-largest ec ...

Auto Sales Slide in Japan

February 9, 2016

After rebounding in 2014, automobile production in Japan dropped 5.1 percent in 2015, according to the latest data from the Japan Automobile Manufactu ...

Chevron Lubricants Pakistan announced that it is expanding its blending plant in Karachi and that it will extend its lube retail network within the co ...

S-Oils base oil business posted a 23 percent gain in operating profit in 2015 despite reduced sales revenue, while Chevron Lankas fourth quarter profi ...

PetroChina Ties Up with FAW

February 2, 2016

PetroChina announced an agreement with automaker FAW Group for the supply and joint development of automotive lubricants. The deal calls for the compa ...

Lubricant consumption in South Korea decreased in 2015 and is unlikely to show significant increase in 2016, the Korea Lubricating Oil Industries Asso ...

Gaoke Completes IPO

January 26, 2016

Jiangsu Gaoke Petrochemical conducted its initial public stock offering on the SME board of the Shenzhen Stock Exchange earlier this month. The lubric ...

Newly announced rule changes by Chinas Ministry of Commerce will make it easier for domestic companies to export finished lubricants, greases, and bas ...

After an alliance led by Standard Greases and Specialities failed in its bid to become majority stockholder of Tide Water Oil, Tide Water Chairman Kal ...

Automobile sales in China rose 4.7 percent in 2015 to 24.6 million, according to data released last week by the Chinese Association of Automobile Manu ...

Bangladeshi Eastern Lubricants reported a nearly six-fold jump in earnings for the six months ended Dec. 31, compared to the same period of last year.

Pakistani lubricant supplier Hi-Tech Lubricants Ltd. raised 2.84 billion rupees (U.S. $27.1 million) last week in the first phase of its initial publi ...

Sinopec is gearing up for the opening of a railway spur designed to improve transportation access for lubricants manufactured at one of its plants, in ...

The market for lubricants for two-wheelers in India is undergoing refinement as suppliers launch engine oils formulated specifically for scooters.

The head of Tide Water Oil said last week that a surge in the companys stock price had helped it avoid a hostile takeover by Standard Greases and Spec ...

Indonesias Pertamina Lubricants denied last week that it has settled on a plan to build a lubricant blending plant in China. A spokesman told Lube Rep ...

Petronas Lubricants International on Wednesday announced the start of construction of a lubricant blending plant in Mumbai, saying it will use the fac ...

Indias Finance Ministry asked two state-owned insurance companies with stakes in Tide Water Oil not to participate in Standard Greases and Specialitie ...