Southeast Asia

Shell to Build Grease Plant in Indonesia
A maintenance worker puts lubricating grease into a gearbox. © MOONG H / Shutterstock.com

Shell to Build Grease Plant in Indonesia

Lube Report Asia - March 8, 2024

Shell announced on Monday plans to build its first grease manufacturing plant in Indonesia, producing products for appli ...

PSP Profits, Sales Decline in 2023

PSP Profits, Sales Decline in 2023

Lube Report Asia - March 8, 2024

P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

Indonesia Disputes EU Fatty Acid Duties

Indonesia Disputes EU Fatty Acid Duties

Lube Report EMEA - February 13, 2024

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-d ...

Southeast Asia Auto Sales Dipped in 2023

Southeast Asia Auto Sales Dipped in 2023

Lube Report Asia - February 9, 2024

Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, ...

Vietnam Requires Lube Suppliers to Recycle

Vietnam Requires Lube Suppliers to Recycle

Lube Report Asia - January 5, 2024

Vietnam this week enacted an extended producer responsibility law requiring suppliers of lubricants and other materials ...

Welcome to Asia Unveiled

Welcome to Asia Unveiled

Lubes'n'Greases - January 2, 2024

Asia is an extremely diverse continent and so is the lubricants landscape in the region.

PSP Reports Higher Profits

PSP Reports Higher Profits

Lube Report Asia - December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

UMW Moves to Bigger Plant

UMW Moves to Bigger Plant

Lube Report Asia - December 8, 2023

Independent toll blender UMW Lubetech Sdn. has increased its production capacity by more than two-thirds to 60 million l ...

Shareholders Approve Acquisition of UMW

Shareholders Approve Acquisition of UMW

Lube Report Asia - November 17, 2023

Malaysian conglomerate Sime Darby Berhard received shareholder approval yesterday for its proposal to acquire majority o ...

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

Lube Report Asia - November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

PSP Conducts Stock Offering

PSP Conducts Stock Offering

Lube Report Asia - September 29, 2023

P.S.P. Specialties Public Co. on Aug. 30 conducted an initial public stock offering – putting up for sale around 25% o ...

Additive

Trade Group, Agencies Fight Counterfeiting

Lube Report Asia - September 29, 2023

The Indonesia Lubricants Association organized a talk show last month to discuss how it is cooperating with the nation ...

Fuchs Opens Vietnam Blending Plant

Fuchs Opens Vietnam Blending Plant

Lube Report Asia - September 15, 2023

Fuchs Group opened a 20,000 metric tons per year lubricants blending plant in Vietnam to serve growing demand in the reg ...

Additive

Petronas and Pertamina Mull Base Oil Venture

Lube Report Asia - September 15, 2023

Petronas announced Wednesday that it has agreed with Pertamina to explore the possibility of the companies building a ba ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Lube Report Asia - August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

Additive

Shell May Sell Singapore Refining

Lube Report Asia - August 25, 2023

Prospects for the future of Shell’s Singapore base oil plant have taken another turn as the company now is considering ...