Southeast Asia

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in Thailand after agreeing to sell ...

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual rate of 2.1% to more than 3.5 ...

PT Pertamina Lubricants announced recently that it has entered a partnership with Indonesia’s national power company to develop electrical transform ...

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle electrification, Laura Pottor ...

Net profit for Thai Oil’s base oil business rose 21% for the quarter ending Sept. 30. Base oil prices were steady in the quarter, the company said, ...

Singapore-based United Oil Co. and Repsol are proceeding with a previously announced plan to expand their joint venture lubricant plant in Indonesia, ...

The Sinarmas Cepsa Pte joint venture will expand production of biobased chemicals at its fatty alcohol plant in Indonesia, under an agreement announce ...

Shell Expands Indonesia Plant

November 11, 2022

Shell completed an expansion that more than doubles the size of its lubricant blending plant on Indonesia’s Java island, raising capacity to 300 mil ...

Asia-Pacific accounted for close to 80% of about 1.6 to 1.7 million tons of worldwide motorcycle engine oil demand in 2021 – led by India, Indonesia ...

Oronite Expands Singapore Plant

September 16, 2022

Chevron Oronite said Thursday that it has completed an expansion of its lubricant additive manufacturing plant in Singapore – increasing the number ...

PV Oil Lube JSC’s profit after tax jumped by more than 70% for the first six months of this year, likely benefiting from acceleration in Vietnam’s ...

Singaporean independent lubricants blender AP Oil reported that its net profit dropped 39% to Singaporean $1 million (U.S. $714,000) for the six month ...

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period last year. Sales were pressure ...

Innov Oil announced completion of an expansion that more than doubles its capacity to produce the company’s X series of viscosity modifiers at its p ...

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils formulated with palm oil as part o ...

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of its base oil business. For now ...

Vietnam plans to slash its environmental protection tax on lubricants and greases by about one-third to help companies cope with the rising cost of ra ...

Malaysia’s Petronas Chemicals Group Berhad announced Tuesday it will acquire Sweden-based specialty chemicals company Perstorp Holding AB for €2.3 ...

Indonesia’s sales and exports of motorcycles fell by double digits in March, compared to the same month last year, but the Association of Indonesia ...

A year after forming a joint venture in Vietnam, Fuchs Petrolub SE has purchased land to build a finished lubricant factory in the country. The compan ...