Southeast Asia

Results Mixed in Sri Lanka, Pakistan, Vietnam

Results Mixed in Sri Lanka, Pakistan, Vietnam

Lube Report Asia - March 10, 2023

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

Lube Report Asia - February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Car and Truck Sales Rose in Southeast Asia

Car and Truck Sales Rose in Southeast Asia

Lube Report Asia - February 10, 2023

In Southeast Asia in 2022, sales of four-wheel automobiles rose 23%, while sales of motorcycles and scooters in four key ...

Malaysia Revises Engine Oil Standards

Malaysia Revises Engine Oil Standards

Lube Report Asia - January 27, 2023

Malaysia will be revising its engine oil standards to include American Petroleum Institute performance specifications an ...

Thailand Picked for Biobased Acids Plant

Thailand Picked for Biobased Acids Plant

Lube Report Asia - January 27, 2023

French biochemical company Afyren and Thai sugar producer Mitr Phol Group will partner to establish a biorefinery in Tha ...

Moresco Reports Increased Sales

Moresco Reports Increased Sales

Lube Report Asia - January 13, 2023

Japanese specialty lubricant manufacturer Moresco reported a 14% increase in sales revenue for its specialty lubricants ...

ExxonMobil Keeps Thailand Lubes Business

ExxonMobil Keeps Thailand Lubes Business

Lube Report Asia - January 13, 2023

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in T ...

Asean Lube Demand Projected to Grow

Asean Lube Demand Projected to Grow

Lube Report Asia - January 6, 2023

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual ...

Pertamina Fosters Domestic Electrical Oils

Pertamina Fosters Domestic Electrical Oils

Lube Report Asia - December 23, 2022

PT Pertamina Lubricants announced recently that it has entered a partnership with Indonesia’s national power company t ...

ExxonMobil Still Bullish on Group II

ExxonMobil Still Bullish on Group II

Lube Report Asia - December 23, 2022

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle ...

Profits Up at Thai Oil, Down at MJL, Eastern

Profits Up at Thai Oil, Down at MJL, Eastern

Lube Report Asia - December 9, 2022

Net profit for Thai Oil’s base oil business rose 21% for the quarter ending Sept. 30. Base oil prices were steady in t ...

United Oil, Repsol Expand Indonesia Plant

United Oil, Repsol Expand Indonesia Plant

Lube Report Asia - December 9, 2022

Singapore-based United Oil Co. and Repsol are proceeding with a previously announced plan to expand their joint venture ...

Cepsa JV Mulls Palm Chemicals Expansion

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 ...