Southeast Asia

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Malaysia Updates Biodiesel Timeline

Lube Report Asia - January 14, 2022

Malaysia aims to fully switch to B20 diesel by the end of this year, according to a Reuters report, completing a transit ...

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Fuel Supplier NSH Delves into Lubes

Lube Report Asia - January 7, 2022

A leading fuel retailer in southern Vietnam is dipping its toe into the lubricants business as it searches for ways to c ...

Stockholders Aim to Privatize United Global

Stockholders Aim to Privatize United Global

Lube Report Asia - December 17, 2021

An investment firm representing the main stockholders of United Global Ltd. announced on Dec. 10 an unconditional cash o ...

UMW Reports Sales Drop

UMW Reports Sales Drop

Lube Report Asia - December 10, 2021

UMW Holdings Bhd. reported slightly lower sales of lubricants and related products for the nine months ending Sept. 30, ...

Factory Will Make Castor Derivatives

Factory Will Make Castor Derivatives

Lube Report Asia - December 10, 2021

France-based Arkema announced on Monday a 50% increase in global capacity for its Oleris castor oil derivatives, which a ...

Lopal Bets Big on Battery Materials

Lopal Bets Big on Battery Materials

Lube Report Asia - November 19, 2021

Over the past two decades, Lopal Technology Co. grew rapidly to become a major player in China’s lubricant market. Now ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Tax Change to Aid Malaysian Palm Producers

Tax Change to Aid Malaysian Palm Producers

Lube Report Asia - November 5, 2021

The government of Malaysia – the world’s second-largest palm oil producer – is raising the threshold of its windfa ...

BASF-Petronas Boosts 2-EHA Output

BASF-Petronas Boosts 2-EHA Output

Lube Report Asia - October 15, 2021

A Malaysian joint venture between BASF and Petronas will double its capacity to make 2-ethylhexanoic acid due to growing ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - August 27, 2021

GS Caltex’s lube division, Thai Oil Group’s base oil business and KH Neochem’s performance materials segment all r ...

Prescribing Oils for Indonesia’s B30

Prescribing Oils for Indonesia’s B30

Lube Report Asia - August 6, 2021

Since January of 2020, Indonesia has required the content of diesel sold within its borders to be 30% biodiesel by weigh ...

Lithium Greases Rebound in China, India

Lithium Greases Rebound in China, India

Lube Report Asia - June 18, 2021

Lithium greases made a small comeback in 2020 in Asia’s two largest grease markets, according to the latest survey by ...

Thailand to Boost Bio-lubes, Palm Oil

Thailand to Boost Bio-lubes, Palm Oil

Lube Report Asia - May 21, 2021

Thailand’s central government is working to develop its palm oil industry, and the strategy includes promoting demand ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

Lube Report Asia - May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

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Shell Accelerates Refinery Contraction

Lube Report Asia - May 14, 2021

Royal Dutch Shell has accelerated its timeline for reducing the crude oil throughput capacity of its refinery on Singapo ...

Meridian Buys Malaysian Lube Producer

Meridian Buys Malaysian Lube Producer

Lube Report Asia - April 9, 2021

Meridian Adhesives Group acquired Pacific Adhesive Systems, a Malaysia-based corporation with lubricant and grease opera ...

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Pertamina Expanding in Thailand, Australia

Lube Report Asia - April 2, 2021

Pertamina continues to working to expand lubricant sales overseas, with particular attention to Australia and Thailand. ...