Bangladesh

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

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Tough 2019 for Korean, Most Indian Companies

Lube Report Asia - 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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IPO Would Boost Bangladeshi Blender

Lube Report Asia - April 26, 2019

Lub-rref (Bangladesh) Ltd., the largest lubricating oil blending plant in Bangladesh, is poised for expansion and growth ...

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Group II Rerefinery Planned for Bangladesh

Lube Report Asia - March 21, 2017

Lub-rref (Bangladesh) Ltd. will open a 50,000 metric tons per year API Group II rerefinery by March 2019 with the help o ...

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Bangladesh Rerefining Stuck in Status Quo

Lube Report Asia - October 25, 2016

With no domestic virgin base oil production and an abundance of recyclable used oil, Bangladesh could pose opportunities ...

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FKT, MJL Record Half-year Gains

Lube Report Asia - October 18, 2016

MJL Bangladesh Ltd. and Indonesias PT Federal Karyatama recorded significant gains in profit and revenue, respectively, ...

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Bangladesh, Sri Lanka, Nepal Hailed for Growth

Lube Report Asia - April 19, 2016

Indias lubricant market attracts much attention because of trends for size and quality. But several of its neighbors - B ...

MJL Licensed for Duty-free Marine Sales

MJL Licensed for Duty-free Marine Sales

Lube Report Asia - March 8, 2016

MJL Bangladesh announced that it obtained a license from the government to offer marine lubricants duty-free to ocean-go ...

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Profits Jump for Eastern Lubricants

Lube Report Asia - January 19, 2016

Bangladeshi Eastern Lubricants reported a nearly six-fold jump in earnings for the six months ended Dec. 31, compared to ...

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Profits Down at MJL, Up at GP Petroleums

Lube Report Asia - August 11, 2015

Cost increases at MJL Bangladesh Ltd. caused a 36 percent drop in profits for the first half of 2015 despite higher sale ...

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MJLs 2014 Sales Up, SKs Down in 1Q

Lube Report Asia - May 5, 2015

Bangladeshs MJL Ltd. reported a 10 percent increase in revenue and a 19 percent increase in profit for its lubricants op ...

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Growth Forecast for Bangladesh Market

Lube Report Asia - July 8, 2014

Lubricant demand volume in Bangladesh is projected to increase 2.5 percent this year mainly due to a stable political en ...