Japans Toyo Drilube will expand its facility in Vietnam in April and consolidate its two facilities in Thailand by June 2016, the company told Lube Re ...

Tianhe Chemicals recently opened a 6,000 square meter additives research and development facility in Jinzhou, China.

Following a government call for improved efficiency, Japans Idemitsu Kosan Co Ltd aims to reduce costs for base oil and lubricant production by cuttin ...

Third-quarter profits for Balmer Lawries grease and lubricants segment fell 35 percent year-over-year, while Savitas petroleum products division also ...

GTS Chemical Holdings will invest at least 49 million ($7.8 million) to expand its annual lubricant production capacity in Liaocheng, China, by 30,000 ...

The Indian grease market is the worlds third-largest and is growing approximately 2 percent per year, according to an analyst. One industry insider sa ...

Lubricant demand in China has jumped so much in recent years that some now deem it the worlds biggest market, surpassing the United States. The countr ...

Tide Water Oil Co., Sah Petroleums and Apar Industries Ltd.s oils segment all reported significant drops in profitability for the quarter ended Dec. 3 ...

SK Lubricants posted a fourth-quarter operating profit of 71.4 billion South Korean won (U.S. $65 million), up 26.4 percent from 56.5 billion won in 2 ...

CleanOil Investment and Hong Kong conglomerate Jebsen Group announced last week the formation of a joint venture to build a used lubricant rerefinery ...

South Koreas SK Lubricants revenue rose marginally in 2014, but its operating profit shot up dramatically from 2013. Indias Gulf Oil Lubricants also m ...

Automobile production in Japan increased 1.5 percent in 2014, as stronger domestic sales offset a significant drop in exports, the Japanese Automobile ...

S-Oils base oil business posted operating income of 258 billion won (U.S. $234 million) for 2014, a 66 percent surge from 2013.

It is no secret that building an extensive sales network is essential for achieving significant sales in China, a massive yet highly fragmented market ...

Sister companies Klueber Lubrication and Chem-Trend will expand their manufacturing facilities in Qingpu, China, parent Freudenberg Chemical Specialit ...

Hanjin Energy last week wrapped up the sale of its 28.4 percent stake in S-Oil Corp. to Saudi Aramco for 1.98 trillion won (U.S. $1.83 billion).

Automobile sales in China rose 6.9 percent to 23.5 million in 2014 - another record for the worlds largest auto market.

Idemitsu Kosan Co. repudiated a news report suggesting that it has agreed to purchase fellow Japanese major Showa Shell Sekiyu, but it acknowledged th ...

Japans Mitsui & Co. Ltd. will invest U.S. $44 million in Malaysian-owned oleochemical manufacturer Taiko Palm-Oleo (Zhangjiagang) Co. Ltd., located in ...

Chinas central government yesterday announced another round of tax increases for lubricants and other petroleum products - the third such increase in ...