Southeast Asia

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 ...

Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for data centers, becoming the lates ...

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on promoting development in key segm ...

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue for the quarter ended March 31 ...

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refining complex in Singapore – ...

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

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 2023, citing impacts of higher in ...

Vietnamese Top Solutions Joint Stock Co. has begun constructing a new grease plant in Phuoc Nam Industrial Park. The grease will be for industrial equ ...

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

Shell announced on Monday plans to build its first grease manufacturing plant in Indonesia, producing products for applications such as bearings and g ...

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

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-dumping duties on imports of fa ...