Southeast Asia

Cepsa JV Mulls Palm Chemicals Expansion
An aerial view of Sinarmas Cepsa Pte Ltd.’s production site in Lubuk Gaung, Indonesia. Photo courtesy Cepsa

Cepsa JV Mulls Palm Chemicals Expansion

Lube Report Asia - November 18, 2022

The Sinarmas Cepsa Pte joint venture will expand production of biobased chemicals at its fatty alcohol plant in Indonesi ...

Shell Expands Indonesia Plant

Shell Expands Indonesia Plant

Lube Report Asia - November 11, 2022

Shell completed an expansion that more than doubles the size of its lubricant blending plant on Indonesia’s Java islan ...

2-wheeler Lube Growth Forecast for Asia

2-wheeler Lube Growth Forecast for Asia

Lube Report Asia - September 30, 2022

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 20 ...

Additive

Oronite Expands Singapore Plant

Lube Report Asia - September 16, 2022

Chevron Oronite said Thursday that it has completed an expansion of its lubricant additive manufacturing plant in Singap ...

PV Oil Lube’s Profits Rebound

PV Oil Lube’s Profits Rebound

Lube Report Asia - September 9, 2022

PV Oil Lube JSC’s profit after tax jumped by more than 70% for the first six months of this year, likely benefiting fr ...

Raw Material Costs Hinder AP Oil’s Profits

Raw Material Costs Hinder AP Oil’s Profits

Lube Report Asia - September 2, 2022

Singaporean independent lubricants blender AP Oil reported that its net profit dropped 39% to Singaporean $1 million (U. ...

Thai Oil Earnings Fell in Second Quarter

Thai Oil Earnings Fell in Second Quarter

Lube Report Asia - August 26, 2022

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period ...

Additive

Innov Expands VI Improver Capacity

Lube Report Asia - August 19, 2022

Innov Oil announced completion of an expansion that more than doubles its capacity to produce the company’s X series o ...

Thailand Develops Palm Transformer Oil

Thailand Develops Palm Transformer Oil

Lube Report Asia - July 15, 2022

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils form ...

ExxonMobil Continues Group II Expansion

ExxonMobil Continues Group II Expansion

Lube Report Asia - July 1, 2022

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of ...

Vietnam to Cut Tax on Lubes, Greases

Vietnam to Cut Tax on Lubes, Greases

Lube Report Asia - June 24, 2022

Vietnam plans to slash its environmental protection tax on lubricants and greases by about one-third to help companies c ...

Petronas to Acquire Perstorp

Petronas to Acquire Perstorp

Lube Report Asia - May 20, 2022

Malaysia’s Petronas Chemicals Group Berhad announced Tuesday it will acquire Sweden-based specialty chemicals company ...

Two-wheeler Sales Dip in Indonesia

Two-wheeler Sales Dip in Indonesia

Lube Report Asia - April 29, 2022

Indonesia’s sales and exports of motorcycles fell by double digits in March, compared to the same month last year, but ...

Fuchs Plans Lube Plant in Vietnam

Fuchs Plans Lube Plant in Vietnam

Lube Report Asia - April 15, 2022

A year after forming a joint venture in Vietnam, Fuchs Petrolub SE has purchased land to build a finished lubricant fact ...

PV Oil Suffers Big Drop in Profits

PV Oil Suffers Big Drop in Profits

Lube Report Asia - March 25, 2022

Vietnam’s PV Oil Lube JSC reported a steep drop of more than 80% in profit after tax for 2021, compared to the prior y ...

Vietnam Weighs Tax Cut for Lubes

Vietnam Weighs Tax Cut for Lubes

Lube Report Asia - March 18, 2022

Vietnam plans to reduce its environmental protection tax for greases, lubricants and other oil products, effective April ...

AP Oil Cites Hurdles Despite Gains

AP Oil Cites Hurdles Despite Gains

Lube Report Asia - March 18, 2022

Singaporean independent lubricant blender AP Oil reported higher net profit but lower sales for the second half of 2021 ...