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 ...
Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, according to Asean Automotive ...
Vietnam this week enacted an extended producer responsibility law requiring suppliers of lubricants and other materials to take steps to recycle them. ...
Asia is an extremely diverse continent and so is the lubricants landscape in the region.
Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% decrease in sales revenue for the ...
Independent toll blender UMW Lubetech Sdn. has increased its production capacity by more than two-thirds to 60 million liters (54,000 metric tons) per ...
Malaysian conglomerate Sime Darby Berhard received shareholder approval yesterday for its proposal to acquire majority ownership of another Malaysian ...
Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due in part to shrinking profit mar ...
P.S.P. Specialties Public Co. on Aug. 30 conducted an initial public stock offering – putting up for sale around 25% of its shares to raise money fo ...
The Indonesia Lubricants Association organized a talk show last month to discuss how it is cooperating with the nation’s government to crack down on ...
Fuchs Group opened a 20,000 metric tons per year lubricants blending plant in Vietnam to serve growing demand in the region and to speed its response ...
Petronas announced Wednesday that it has agreed with Pertamina to explore the possibility of the companies building a base oil plant at Pertamina’s ...
Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sales decline that the company bla ...
Prospects for the future of Shell’s Singapore base oil plant have taken another turn as the company now is considering selling the refinery that con ...
Use of lithium soap grease thickeners dropped significantly in China and South Asia in 2022, according to the latest version of the National Lubricati ...
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