Southeast Asia

Shell to Close Singapore Plant

December 18, 2020

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently close its base oil plant in Pulau ...

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean Tankers (Pte), the shipping ar ...

The Asian Lubricant Manufacturers Union appointed Bernard Wong as its new executive director effective Dec. 1.

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

Singapore’s government has approved rules that will require businesses, including lubricant blenders and importers to reduce the amount of packaging ...

Hin Leong on Sales Block

October 28, 2020

Troubled oil trader and lubricants producer Hin Leong Trading Pte. has apparently been put up for sale, based on notices placed in local media earlier ...

The lubricants market in Southeast Asia – which is weighted toward products for two-wheelers and process oils – will shrink this year but rebound ...

Lubricant supplier Lanka IOC reported a steep net loss, and the lubricants business segment of Malaysian state-owned oil firm Petronas’ domestic mar ...

India’s Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported steep declines in profit, and Thai Oil Grou ...

Singaporean independent lubricant blender AP Oil posted a strong increase in net profit and lower revenue for the first half of 2020, compared to the ...

As its dependence on imported lubricants increases, Vietnam’s government is grappling with enforcement of its national lubes standard, analysts with ...

Chemicals company Brenntag acquired Thailand-based lubricants distributor Oils ‘R Us Co. Ltd. as part of its expansion into Southeast Asia.

Pertamina disclosed last week that Saudi Aramco has withdrawn from discussions about a plan to jointly expand the Indonesian energy company’s refine ...

Lubricant supplier Lanka IOC reported a net loss while the lubricants business segment of Malaysian state-owned oil firm Petronas’ domestic marketin ...

Stated-owned Thai Oil Group’s base oil business reported a major increase in net profit on lower sales revenue in the first quarter.

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

Hin Leong Trading, the giant oil trader at the center of one of Asia’s biggest current business scandals, is also a lubricants supplier with a plant ...

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sales of motor vehicles and motor ...

Covid-19 pandemic lockdowns in Asia have resulted in increased demand for food-grade lubricants, industry insiders said.

Two industry associations urged the Malaysian state of Sabah this week to allow oil palm plantations and mills to reopen, advising that the industry c ...