Malaysia

Car and Truck Sales Rose in Southeast Asia
A variety of parked scooters and motorcycles near Chocolate Hills in Bohol, the Philippines. © aldarinho

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 ...

Petronas to Acquire Perstorp

Petronas to Acquire Perstorp

Lube Report Asia - May 20, 2022

Malaysia’s Petronas Chemicals Group Berhad announced Tuesday it will acquire Sweden-based specialty chemicals company ...

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Malaysia Updates Biodiesel Timeline

Lube Report Asia - January 14, 2022

Malaysia aims to fully switch to B20 diesel by the end of this year, according to a Reuters report, completing a transit ...

UMW Reports Sales Drop

UMW Reports Sales Drop

Lube Report Asia - December 10, 2021

UMW Holdings Bhd. reported slightly lower sales of lubricants and related products for the nine months ending Sept. 30, ...

Tax Change to Aid Malaysian Palm Producers

Tax Change to Aid Malaysian Palm Producers

Lube Report Asia - November 5, 2021

The government of Malaysia – the world’s second-largest palm oil producer – is raising the threshold of its windfa ...

BASF-Petronas Boosts 2-EHA Output

BASF-Petronas Boosts 2-EHA Output

Lube Report Asia - October 15, 2021

A Malaysian joint venture between BASF and Petronas will double its capacity to make 2-ethylhexanoic acid due to growing ...

Meridian Buys Malaysian Lube Producer

Meridian Buys Malaysian Lube Producer

Lube Report Asia - April 9, 2021

Meridian Adhesives Group acquired Pacific Adhesive Systems, a Malaysia-based corporation with lubricant and grease opera ...

Southeast Asia Vehicle Sales Down in 2020

Southeast Asia Vehicle Sales Down in 2020

Lube Report Asia - February 19, 2021

Southeast Asia sales of four-wheel automobiles dropped nearly 30% in 2020, and motorcycle and scooter sales fell by almo ...

U.S. Blocks Sime Darby Palm Oil

U.S. Blocks Sime Darby Palm Oil

Lube Report Asia - January 8, 2021

The United States Customs and Border Protection agency last week announced a ban on palm oil produced in Malaysia by Sim ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - November 27, 2020

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for ...

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Palm Oil Producers Reopen in Sabah

Lube Report Asia - May 8, 2020

The Malaysian state of Sabah allowed palm oil plantations and mills to reopen last month after setting conditions aimed ...

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Asean Motor Vehicle Sales Slowdown to Continue

Lube Report Asia - February 14, 2020

Automotive sales in the Association of Southeast Asian Nations dropped 3 percent in 2019, but sales of two-wheelers incr ...

Malaysian Auto Sales Expected to Edge Up

Malaysian Auto Sales Expected to Edge Up

Lube Report Asia - January 17, 2020

Malaysias vehicle sales are projected to grow 1 percent to almost 609,000 units this year, according to a forecast by Fr ...

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Petronas Closes Argentina Plant

Lube Report Americas - October 30, 2019

Malaysias Petronas Lubricants International recently closed its lubricant blending plant near Buenos Aires, Argentina, a ...

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Kismat Ventures into Southeast Asia

Lube Report Asia - October 11, 2019

Energy trading company Kismat Singapore entered the Southeast Asian lubricant market through a toll-blending deal in Mal ...

Vehicle Sales Growth Forecast in ASEAN

Vehicle Sales Growth Forecast in ASEAN

Lube Report Asia - June 28, 2019

Vehicle sales across Southeast Asias big three markets - Malaysia, Indonesia and Thailand - are projected to cross 3.9 m ...