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 ...

Asia-Pacifics energy demand in 2040 will jump 61 percent from what it was in 2010, according to a recent ExxonMobil report.

Russia's Gazprom Neft Lubricants expanded its presence in Southeast Asia by signing a memorandum of cooperation and a supply deal with key Taiwanese a ...

Shandong Yuangen Petrochemical announced it is setting up operations to produce its Yuangen brand of lubricants in Singapore for distribution througho ...

Sichuan province-based Zhonghai Jinxiang Co. plans to build a facility that will make base oils for industrial lubricants using feedstock from an exis ...

Total announced that it will build a grease plant at its lubricant factory in Tianjin, China. The new plant will have capacity to make 5,000 metric to ...

In Chinas trucking industry it has long been common to use a single, standard lubricant for both transmissions and axles. Some say the practice no lon ...

Lubricant demand in South Korea is forecast to increase 1.2 percent in 2015, the Korea Lubricating Oil Industries Association said in its annual repor ...

Chinese base stock supplier Hainan Handi Sunshine Petrochemical Co. must delay plans to expand its refinery on Yangpu Peninsula due to land disputes w ...