Thailand

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

PSP Reports Higher Profits

PSP Reports Higher Profits

Lube Report Asia - December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

Lube Report Asia - November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

PSP Conducts Stock Offering

PSP Conducts Stock Offering

Lube Report Asia - September 29, 2023

P.S.P. Specialties Public Co. on Aug. 30 conducted an initial public stock offering – putting up for sale around 25% o ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Lube Report Asia - August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

Profits Surge for Hyundai Shell Base Oil, Thai Oil

Profits Surge for Hyundai Shell Base Oil, Thai Oil

Lube Report Asia - June 9, 2023

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating prof ...

PSP Receives Nod for Stock Offering

PSP Receives Nod for Stock Offering

Lube Report Asia - May 26, 2023

Lubricant manufacturer P.S.P. Specialties Public Co. has obtained approval for its application for an initial public sto ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

Lube Report Asia - February 17, 2023

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

Car and Truck Sales Rose in Southeast Asia

Car and Truck Sales Rose in Southeast Asia

Lube Report Asia - February 10, 2023

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

Thailand Picked for Biobased Acids Plant

Thailand Picked for Biobased Acids Plant

Lube Report Asia - January 27, 2023

French biochemical company Afyren and Thai sugar producer Mitr Phol Group will partner to establish a biorefinery in Tha ...

ExxonMobil Keeps Thailand Lubes Business

ExxonMobil Keeps Thailand Lubes Business

Lube Report Asia - January 13, 2023

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in T ...

Asean Lube Demand Projected to Grow

Asean Lube Demand Projected to Grow

Lube Report Asia - January 6, 2023

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual ...

Profits Up at Thai Oil, Down at MJL, Eastern

Profits Up at Thai Oil, Down at MJL, Eastern

Lube Report Asia - December 9, 2022

Net profit for Thai Oil’s base oil business rose 21% for the quarter ending Sept. 30. Base oil prices were steady in t ...

Thai Oil Earnings Fell in Second Quarter

Thai Oil Earnings Fell in Second Quarter

Lube Report Asia - August 26, 2022

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

Thailand Develops Palm Transformer Oil

Thailand Develops Palm Transformer Oil

Lube Report Asia - July 15, 2022

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils form ...

Additive

Thailand Wants Biolubes Industry

Lube Report Asia - March 11, 2022

Thai officials working to foster agriculture-based industry have highlighted lubricants as one of two types of products ...

Profits Jump for Thai Oil Base Oils

Profits Jump for Thai Oil Base Oils

Lube Report Asia - February 25, 2022

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the ...