Thailand

Liqui Moly starts production in Thailand, a company first.

PSP Posts Jump in Profits

September 17, 2025

Despite a slight dip in revenues, Thai lubricant producer PSP Specialties reported a 37% jump in net profit for the first half of 2025, thanks mostly ...

Thai lubricant company PSP Specialties Public Co. bought 65% of chemical recycling provider Recycle Engineering, PSP announced on its website.

Thai lubricant blender PSP Specialties Public Co. Ltd announced a 57% jump in net profit for the financial year 2024 and plans to grow its overseas re ...

Lubricant sales in Thailand are expected to recover to pre-Covid levels, said an official from the Department of Energy Business in Thailand. Thail ...

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the facility’s production capaci ...

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on promoting development in key segm ...

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue for the quarter ended March 31 ...

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

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 ...

PSP Reports Higher Profits

December 29, 2023

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 ...

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 ...

PSP Conducts Stock Offering

September 29, 2023

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 ...

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 ...

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating profits for Hyundai Shell Base Oil ...

Lubricant manufacturer P.S.P. Specialties Public Co. has obtained approval for its application for an initial public stock offering that aims to raise ...

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth quarter, and operating profit for ...

In Southeast Asia in 2022, sales of four-wheel automobiles rose 23%, while sales of motorcycles and scooters in four key countries increased 14%, acco ...