Southeast Asia

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 ...

Additive

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 ...

Additive

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. ...

Additive

Indonesia Exonerates Astra Honda

Lube Report Asia - March 19, 2021

Indonesia’s competition regulator ruled last month that motorcycle dealer Astra Honda Motor did not violate regulation ...

Dow Plans Chemicals Plant in China

Dow Plans Chemicals Plant in China

Lube Report Asia - March 5, 2021

Dow signed a memorandum of understanding Thursday to build a specialty chemicals hub in Zhanjiang, China. The $250 milli ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

Lube Report Asia - February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

Southeast Asia Vehicle Sales Down in 2020

Southeast Asia Vehicle Sales Down in 2020

Lube Report Asia - February 19, 2021

Southeast Asia sales of four-wheel automobiles dropped nearly 30% in 2020, and motorcycle and scooter sales fell by almo ...

Fuchs Picks Up Vietnam Distributor

Fuchs Picks Up Vietnam Distributor

Lube Report Asia - February 12, 2021

Fuchs Group announced this week that it has purchased a controlling stake in the lubricants business of Vietnamese distr ...

Additive

Indonesia JV to Supply Palm Catalysts

Lube Report Asia - January 29, 2021

PT Pertamina Lubricants and two other Indonesian companies have formed a joint venture aimed at developing catalysts tha ...

U.S. Blocks Sime Darby Palm Oil

U.S. Blocks Sime Darby Palm Oil

Lube Report Asia - January 8, 2021

The United States Customs and Border Protection agency last week announced a ban on palm oil l produced in Malaysia by S ...

Cambodia Nixes Duties on Some Lubes

Cambodia Nixes Duties on Some Lubes

Lube Report Asia - January 1, 2021

Cambodia will eliminate tariffs on imported industrial lubricants effective Jan. 1 in an attempt to boost competitivenes ...

Vietnam Lube Consumption Rebounds

Vietnam Lube Consumption Rebounds

Lube Report Asia - January 1, 2021

Vietnam is returning to pre-pandemic levels of lubricant consumption, an industry insider said, boosted by strong growth ...

2020: Busy Beyond Pandemic

2020: Busy Beyond Pandemic

Lube Report Asia - December 25, 2020

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of o ...

Additive

Shell to Close Singapore Plant

Lube Report Asia - December 18, 2020

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently clo ...

Gulf Oil to Buy Singapore Plant

Gulf Oil to Buy Singapore Plant

Lube Report Asia - December 11, 2020

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean ...