Countries

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Sri Lanka Chases Unauthorized Lubes

Lube Report Asia - March 6, 2020

A Sri Lankan government agency raided 15 retail shops in mid-February and confiscated unauthorized lubricants as part of ...

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Japan’s Auto Exports Rise

March 6, 2020

Japan exported 4.8 million motor vehicles in 2019, a marginal increase from 2018, while domestic sales for all motor veh ...

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India Amends Grease Standards

February 28, 2020

Attempting to ease the impact of growing competition for lithium, India expanded a government performance standard for g ...

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Net Profits Up for Tide Water Oil

February 21, 2020

Kolkata-based Tide Water Oil Co. (India) Ltd. reported a net profit of Rs 30.8 crore (Rs 308 million or U.S. $4.3 millio ...

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JV Will Make Repsol Lubes in Indonesia

February 21, 2020

An Indonesian blending plant partly owned by Repsol will begin producing the companys lubricants by April. The Spanish c ...

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GP to Invest $14M for New Plant in India

February 21, 2020

United Arab Emirates-based GP Global said it plans to invest Rs 100 crore (Rs 1 billion or U.S. $14 million) to build a ...

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South Korean Lube Demand Hits 10-year Low

February 21, 2020

South Korea lubricant consumption fell to a 10-year low of 990,455 kiloliters (889,627 metric tons) in 2019, the Korea L ...

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SK Acquires Stake in Vietnamese Blender

February 14, 2020

SK Lubricants acquired a 49 percent stake in Mekong Petrochemical JSC, Vietnams largest private lubricant company, as pa ...

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Asean Motor Vehicle Sales Slowdown to Continue

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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Evonik Commissions Pilot Catalyst Plant

February 7, 2020

Evonik announced yesterday the commissioning of a pilot plant for scale-up of hydrogenation catalysts for oils and fats ...

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Tough 2019 for Korean, Most Indian Companies

February 7, 2020

South Koreas major base oil refiners - SK Lubricants, S-Oil, GS Caltex, and Hyundai Shell Base Oil - each reported steep ...

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Cutting Oils in Demand for Solar Panels

February 7, 2020

Vietnams increasing number of solar plant installations is boosting overseas demand for silicon wafer cutting oil used i ...

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Japans Energy Supply to Slide as Efficiency Rises

January 31, 2020

Japans volume of primary energy supply - oil, natural gas, coal, nuclear and renewable electricity - is projected to dec ...

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India Auto Sales Drop Amid Weak Demand

January 31, 2020

Domestic automobile sales in India declined nearly 14 percent year-on-year to 23.1 million units in 2019, according to d ...

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Pakistans NRL Posts Lower Lube Segment Profit

January 31, 2020

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I bas ...