Asia

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Customs Service, a 35% increase ...

The base oils market appeared to be going through a transitional period, with buyers assessing future product needs and waiting for more definitive si ...

Many expected buying activity to improve over the next few weeks. But sluggish lubricant demand, falling crude oil and feedstock prices, severe region ...

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus ...

Base oil markets in Asia appeared to be in a holding pattern, as many buyers preferred to delay fresh purchases until a clearer price direction emerge ...

Armed by big data and social media apps, ExxonMobil’s auto care chain in China, Mobil No.1 Select, is going full length to woo a young generation of ...

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have been in full swing. Some partic ...

Fierce competition and weak demand are pushing small companies in China’s lube industry to dig deeper to find opportunities, said speakers at an ann ...

Suppliers have their sights set on September, hoping that the end of the rainy season in some parts of the region and the arrival of Fall in others wo ...

Wavering lubricant demand dampened base oil consumption in Asia, while volatile crude oil and feedstock prices only added to the uncertainty. Base oil ...

As global environmental concerns and sustainability efforts continue to grow, many governments have started to implement more stringent regulations fo ...

Law enforcement over the weekend seized drums of counterfeit Castrol engine oil and packaging during a raid in the city of Bhadohi, Uttar Predesh prov ...

Slowing demand and plentiful supplies placed downward pressure on base oil prices in Asia, but some grades were insulated from the adjustments because ...

Base oils demand in Asia continued to be impacted by monsoon season in some countries, uncertainties over pricing in the coming months, crude oil and ...

S-Oil's Q2 base oil results were steady, while petrochemicals income offset poor refining returns.

Societal needs will drive lubricant industry changes, and Asia will see some of the most dramatic developments given the region’s population growth ...

Lubrizol Corp. announced plans to build a U.S. $200 million factory in India to make chemical additives for lubricants and automotive and industrial f ...

Economic uncertainties, heavy rain and flooding in some countries in the region, coupled with a perception that the market was becoming oversupplied w ...

Grease production in India will ramp up by almost 37% over the next six years, according to a Mumbai-based producer. Speaking at a recent industry co ...

The merger announced last week between SK Innovation and SK E&S will create the largest private energy company in the Asia-Pacific region, with as ...