Singapore

Mixed First-half 2020 for AP Oil

Mixed First-half 2020 for AP Oil

Lube Report Asia - August 21, 2020

Singaporean independent lubricant blender AP Oil posted a strong increase in net profit and lower revenue for the first ...

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Oil Trader Ensnared in Scandal

Lube Report Asia - April 23, 2020

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

Food-grade Lube Demand Spikes

Food-grade Lube Demand Spikes

Lube Report Asia - April 16, 2020

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

Asean Motor Vehicle Sales Slowdown to Continue

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 ...

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Innov Oil Expands in Singapore

Lube Report Asia - October 11, 2019

Viscosity modifier producer Innov Oil completed the relocation of its Singapore operations to a larger factory that prov ...

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Singapore Blenders Report Mixed 2018 Results

Lube Report Asia - March 8, 2019

United Global Ltd. reported double-digit percentage growth in net profit last year due to an increase in demand in the a ...

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Repsol Explores Acquiring Stake in Blender

Lube Report Asia - October 26, 2018

Spains Repsol signed an agreement to explore acquiring a stake in Singaporean lubricant blender United Oil Co.

Dyson Will Make EVs in Singapore

Dyson Will Make EVs in Singapore

Lube Report Asia - October 26, 2018

British technology company Dyson will build a Singapore electric vehicle factory that will supply the Asia-Pacific regio ...

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EVs to Impact Lubricant Performance

Lube Report Asia - June 29, 2018

Electric vehicles are on the rise, but internal combustion engines will continue to dominate vehicle populations for the ...

ExxonMobil Expanding Again in Singapore

ExxonMobil Expanding Again in Singapore

Lube Report Asia - June 29, 2018

ExxonMobil announced Tuesday that it is planning a multi-billion dollar expansion at its Singapore refining complex, whi ...

Chevron Oronite Doubles Carboxylate Capacity

Chevron Oronite Doubles Carboxylate Capacity

Lube Report Asia - November 7, 2017

Chevron Oronite completed an expansion of its additives plant in Singapore that doubles its global carboxylate-based det ...

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Singaporean Oil Broker to Blend in Oman

Lube Report Asia - October 17, 2017

Trescorp Alliance Pte., a Singaporean trader of oil and petroleum products, plans to establish a lubricant park in Sohar ...

Innov Expands Singapore Additives Plant

Innov Expands Singapore Additives Plant

Lube Report Asia - August 29, 2017

Innov Oil completed an expansion at its Singapore lube additives plant - a project aimed at helping it meet growing dema ...

Mobil 1 now Streaming in Singapore

Mobil 1 now Streaming in Singapore

Lube Report Asia - June 13, 2017

ExxonMobil began producing Mobil 1 synthetic engine oils in Asia for the first time upon the opening of its greases and ...

United Oil Buys Indonesian Partner

United Oil Buys Indonesian Partner

Lube Report Asia - May 30, 2017

United Oil, of Singapore, will expand its reach in Indonesia with the purchase of 95 percent of lube manufacturer Pacifi ...

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Brands, Partnerships Key to ASEAN Expansions

Lube Report Asia - March 21, 2017

With Southeast Asian countries attempting to open their doors more to regional trade, many lubricant suppliers are keen ...

Singaporean Suppliers’ Profits Sink

Singaporean Suppliers’ Profits Sink

Lube Report Asia - March 7, 2017

United Global Ltd. and AP Oil International Ltd. both saw their net profit decline by around 10 percent in 2016. The Sin ...