Southeast Asia

Additive

Shell Expands Thai Grease Plant

June 28, 2024

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the ...

Petronas, Iceotope Tie Up for Coolants

Petronas, Iceotope Tie Up for Coolants

June 14, 2024

Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for da ...

Additive

PSP Receives Capital Infusion

June 7, 2024

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on pro ...

Profit Up at PSP, Down at Lanka IOC

Profit Up at PSP, Down at Lanka IOC

May 24, 2024

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue ...

Shell Sells Singapore Refining Complex

Shell Sells Singapore Refining Complex

May 10, 2024

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refi ...

Indonesia Simplifies Import of Base Stocks

Indonesia Simplifies Import of Base Stocks

May 10, 2024

Indonesia has streamlined its import requirements for lubricant base stocks, which may boost the government’s call for ...

Profits Decline for GS Caltex, Thai Oil

Profits Decline for GS Caltex, Thai Oil

May 10, 2024

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the fi ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

Grease Plant Construction Starts in Vietnam

Grease Plant Construction Starts in Vietnam

March 22, 2024

Vietnamese Top Solutions Joint Stock Co. has begun constructing a new grease plant in Phuoc Nam Industrial Park. The gre ...

China Base Oil Imports Dipped in 2023

China Base Oil Imports Dipped in 2023

March 22, 2024

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has ...

Shell to Build Grease Plant in Indonesia

Shell to Build Grease Plant in Indonesia

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

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

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

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

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

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

January 2, 2024

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