Sri Lanka

Profits Jump for Sri Lankan Companies

Profits Jump for Sri Lankan Companies

Lube Report Asia - June 24, 2022

Chevron Lubricants Lanka Plc. reported hefty increases in profit and sales for the quarter ending March 31, and Lanka IO ...

Additive

Chevron Lanka Criticizes Government

Lube Report Asia - May 27, 2022

The CEO of Chevron Lubricants Lanka recently criticized the government’s management of the lube industry, questioning ...

Profits Up for Chevron Lanka, Hi-Tech

Profits Up for Chevron Lanka, Hi-Tech

Lube Report Asia - March 11, 2022

Chevron Lubricants Lanka Plc reported much higher profits and sales for the fourth quarter and the full year of 2021, an ...

Profits Up at SK, S-Oil, Lanka IOC

Profits Up at SK, S-Oil, Lanka IOC

Lube Report Asia - February 4, 2022

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in profit for the quarter ending Dec. 3 ...

Costs Nick Castrol India, Gulf Oil

Costs Nick Castrol India, Gulf Oil

Lube Report Asia - November 5, 2021

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter endin ...

Profits Up for Chevron Lanka

Profits Up for Chevron Lanka

Lube Report Asia - September 10, 2021

Chevron Lubricants Lanka Plc reported increases in profits and sales for the quarter ending June 30, compared to the sam ...

Profits Down for Tide Water, Up for Gulf

Profits Down for Tide Water, Up for Gulf

Lube Report Asia - August 20, 2021

For the quarter ending June 30, Tide Water Oil reported a decrease in profit, while Gulf Oil Lubricants India, Maximus I ...

Profits up for Sri Lankan Lube Suppliers

Profits up for Sri Lankan Lube Suppliers

Lube Report Asia - May 21, 2021

Chevron Lubricants Lanka Plc. reported large increases in profit and sales for the quarter ending March 31, compared to ...

Profits Up for Chevron Lanka, Down for KH

Profits Up for Chevron Lanka, Down for KH

Lube Report Asia - March 5, 2021

Chevron Lubricants Lanka Plc reported higher profits, and Japan’s KH Neochem Co. posted declines in operating profit f ...

Profits Up for South Asian Firms

Profits Up for South Asian Firms

Lube Report Asia - February 19, 2021

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Pe ...

Additive

Sri Lanka’s First Grease Plant Almost Built

Lube Report Asia - November 27, 2020

Lanka IOC said recently that it expects to complete construction of Sri Lanka’s first grease plant by the end of this ...

Apar Profits Up, Lanka IOC’s Slump

Apar Profits Up, Lanka IOC’s Slump

Lube Report Asia - November 6, 2020

For the quarter ending Sept. 30, India’s Apar Industries posted higher net profit and Sri Lanka’s Lanka IOC reported ...

Profits Drop at Lanka IOC, Petronas

Profits Drop at Lanka IOC, Petronas

Lube Report Asia - September 18, 2020

Lubricant supplier Lanka IOC reported a steep net loss, and the lubricants business segment of Malaysian state-owned oil ...

Profit Down for Chevron Lubricants Lanka

Profit Down for Chevron Lubricants Lanka

Lube Report Asia - May 22, 2020

Chevron Lubricants Lanka Plc reported sharp declines in profit and sales for the quarter ending March 31, compared to th ...

Additive

Sri Lanka Chases Unauthorized Lubes

Lube Report Asia - March 6, 2020

A Sri Lankan government agency raided 15 retail shops in mid-February and confiscated unauthorized lubricants as part of ...

Additive

Q3 Earnings Mixed in South Korea, Sri Lanka

Lube Report Asia - November 1, 2019

S-Oil reported increased operating income for its base oil business, while SK Lubricants and Hyundai Shell Base Oil Co. ...

Additive

Sri Lanka Demand Shrank in 2018

Lube Report Asia - August 30, 2019

Lubricant demand volumes in Sri Lanka shrank 0.3 percent in 2018, while the sales value of those products rose 3.1 perce ...