Volume 9 Issue 18

Blenders Grapple with China’s Lockdowns

Companies in China’s lubricant industry are striving to continue delivering products to clients during stringent government lockdowns – imposed in a number of cities because of a surge of Omicron coronavirus cases – but it is not a cakewalk. Lockdowns have hampered some companies’ ability to maintain manufacturing operations, and most if not all face logistical challenges.

Japan’s Lube Production, Exports Steady

Japan’s production and exports of lubricants both remained steady throughout the first quarter of this year, while domestic sales fell more than 10%, according to data released April 28 by the Ministry of Industry, Trade and Economy.

Mixed Results for Korean Base Oil Refiners

S-Oil reported a slight increase in profits for its base oil and lubricants business for the quarter ending March 31, while fellow South Korean base oil refiner Hyundai Shell Base Oil posted a steep drop in profits.

From Other Editions of Lube Report

U.S. Base Oil Output Up in February

Russian Motorists Hoard Motor Oils

Profits Down, Sales Up for Fuchs

Briefly Noted

Sales of motorcycles and scooters in four Southeast Asia countries – Malaysia, the Philippines, Singapore and Thailand – increased 6% to 323,508 in February, compared to the same month last year, according to Asean Automotive Federation data. Sales increased 15% in Thailand to 149,124, and by 5% in the Philippines to 133,124, while they fell 16% to 39,812 in Malaysia and by 4% to 830 in Singapore.