A demand slowdown in most countries and mounting supplies continued to define the base oils market in Asia this week, with the heavy grades particular ...
Softer market fundamentals exerted downward pressure on some API Group I and Group II spot prices, while values for the Group III cuts were generally ...
Supply and demand factors were still playing the main part in determining base oil price direction in Asia, as crude oil futures were trading within a ...
Supply and demand factors were still playing the main part in determining base oil price direction in Asia, as crude oil futures were trading within a ...
Demand for motorcycle engine oil will grow faster than any other finished lubricant over the next five years.
Scorching temperatures in many parts of Asia contrasted with easing base oil demand and cooling prices of several grades. Torrential rains and deadly ...
The Southeast Asian nation is bringing more rerefining capacity online.
Vietnam’s Tay Sai Gon Group completed a blending plant in Long An province last month with capacity of 100 million liters per year.
The base oils market in Asia showed some pockets of tight supply, which drove spot offers up for some grades, while prices for other cuts remained ste ...
Petronas launched a line of insulating oils and a range of co-branded technical fluids.
Thai lubricant company PSP Specialties Public Co. bought 65% of chemical recycling provider Recycle Engineering, PSP announced on its website.
Thai lubricant blender PSP Specialties Public Co. Ltd announced a 57% jump in net profit for the financial year 2024 and plans to grow its overseas re ...
Singaporean investment holding company Paeonia Group has acquired Savant Group for an undisclosed sum.
Weekly base oil exports from Singapore slumped to their lowest in 11 months, while imports surged, according to data complied by the state trade stat ...
The Vietnamese National Assembly will not raise the green tax on fuels and lubricants in 2025. Maintaining the rate through the year helps ease financ ...
View from Banting, Malaysia, site of Pentas Flora’s waste oil rerefinery.
Gazpromneft’s Singapore subsidiary, Gazpromneft Marine Lubricants, will close down after a final general meeting of board members and creditors on N ...
Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supply high-volume commodities, su ...
Lubricant sales in Thailand are expected to recover to pre-Covid levels, said an official from the Department of Energy Business in Thailand. Thail ...
Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the facility’s production capaci ...
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