Thailand

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 ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - August 27, 2021

GS Caltex’s lube division, Thai Oil Group’s base oil business and KH Neochem’s performance materials segment all r ...

Thailand to Boost Bio-lubes, Palm Oil

Thailand to Boost Bio-lubes, Palm Oil

Lube Report Asia - May 21, 2021

Thailand’s central government is working to develop its palm oil industry, and the strategy includes promoting demand ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

Lube Report Asia - May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

Additive

Pertamina Expanding in Thailand, Australia

Lube Report Asia - April 2, 2021

Pertamina continues to working to expand lubricant sales overseas, with particular attention to Australia and Thailand. ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

Lube Report Asia - February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

Lube Report Asia - November 27, 2020

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