Asia

Lubricant marketer Fuchs Petrolub has entered a marketing partnership to supply lubricants and fluids for users of DMG Mori Seiki metalworking machine ...

Cosmo Oil Co. said last week that it has reduced capacity of its base oil plant in Yokkaichi, Japan. The change is due to a reduction in capacity of t ...

India, the worlds third-largest lubricant market, will experience average annual growth of 2.5 percent over the next five years, Kline & Co. predicts ...

Shell opened a 1.8 billion (U.S. $290 million) lubricant technology center in Shanghai last week. The worlds largest lubricant supplier hopes the faci ...

Having the world's largest automobile market as their home creates opportunities for Chinese car and truck makers. But they also face big challenges, ...

India recently announced a new schedule of mandates to raise the fuel efficiency of passenger cars over the next eight years. Observers say the rules ...

Indonesias state energy company, Pertamina, announced last week it will build a lubricant blending plant and a grease plant in Jakarta. The blending p ...

An upgraded standard for diesel engine oils will be released in Japan next week, armed with a newly viable test for piston detergency. Later this year ...

Lukoil claims that it is being openly defrauded by a former Chinese distributor falsely claiming that it is still an authorized dealer in China.

Brazil, Russia, India and China have little in common, but the economic performance of these countries is of prime importance to the lubricants indust ...

Base stock production in Japan rose 3.6 percent in 2013 to 2.5 million kiloliters, according to data released recently by the countrys Ministry of Eco ...

The Japanese Automotive Standards Organization is working on a two-year schedule to update specifications for both two- and four-stroke motorcycle eng ...

The practice of selling counterfeit lubricants appears to be alive and well in China. Authorities say supply chains of criminals are widening and that ...

JX Nippon Oil & Energy Corp., a Japanese petroleum giant, signed a memorandum of understanding to set up a joint venture with Indian lubricant manufac ...

Competition appears to be heating up in South Korea's lubricant market with Hyundai Oilbank's entry into the scene. The refiner is still ramping up it ...

Consumers in the Indian state of Delhi pay a significant price for a 21 percent value added tax that the government assesses on lubricants. Lubricant ...

SK Sees Group III Shortfall

February 26, 2014

LONDON – SK Lubricants, unlike most other industry players, predicts an API Group III base oil deficit by 2017, and will expand Group III+ outpu ...

The bazaar may be an ancient part of commerce in India, but the countrys lubricant industry appears to be discovering it once again. Insiders say supp ...

Chinese demand for machine tools will grow more than 9 percent annually for the next four years, according to forecasts by a United States industry re ...

South Koreas demand for lubricating oil is projected to increase slightly to 917,137 metric tons in 2014, according to a report by the Korea Lubricati ...