There has been a general decline in base oil consumption levels as the year-end approaches and downstream lubricant demand prospects remain uncertain. ...

Japan produced 159,864 kL of finished lubricants in September, a 24% drop from the same month of 2023, according to the latest statistics from the cou ...

Some base oil segments continued to see steady demand as uptake from a few downstream applications was fairly brisk while supplies were strained. At t ...

United Kingdom-based additive company Infineum will open an additive blending plant in India next year. The announcement last week points to the lubri ...

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell 26%, reflecting the decline i ...

The pace of business slowed in many Asian countries, as buyers preferred to end the year with lean base oil inventories and suppliers also strove to a ...

Chinese energy company PetroChina will close its Dalian refinery by mid-2025, making it the first state-owned refinery in China to permanently shut do ...

Lingering uncertainties about upcoming demand in downstream segments kept the base oil business somewhat muted in Asia, although some grades seemed to ...

S-Oil blamed a weaker won and tighter refining margins on its third quarter net loss. The same period in 2023 saw brisk business for the South Korean ...

China’s lubricant industry stands to benefit from the government’s economic stimulus pledges aimed at stemming the current economic instability, s ...

Base oil imports to China fell 35% in September, compared to the same month of 2023, as 2024’s demand for foreign base stocks continued running behi ...

Reports suggested that base oil prices continued diverging in Asia. Values for some grades fell on growing supplies, many remained steady on balanced ...

Some buyers and sellers appeared to have adopted a wait-and-see position as uncertainties continued to cloud the price situation in Asia. Crude oil an ...

Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supply high-volume commodities, su ...

Sales of finished lubricants in Japan sank to 128,888 kiloliters in August, the lowest level in 17 months, according to the latest information from th ...

While there was a moderate uptick in base oil buying interest in some countries in Asia, many buyers remained cautious because prices seemed to be pul ...

China’s leader Xi Jinping has prioritized supply chain self-reliance, leading Chinese manufacturers to prefer compatriots in the the metalworking fl ...

Just like base oil consumers and suppliers in the United States built additional inventories ahead of the hurricane season in case of weather-related ...

Chinese metalworking fluids producers are following their automotive clients as they seek out new markets, especially those along China’s so-called ...

Base oil prices continued to be pulled in different directions in Asia, depending on supply and demand fundamentals and prospects of a seasonal uptick ...