Pakistani lubricant supplier Hi-Tech Lubricants Ltd. aims to increase sales by expanding into Afghanistan and launching a chain of retail fuel outlets in the domestic market.
One of Kazakhstans two lubricant producers saw its output fall by 60 percent in 2015, according to the administration of the South Kazakhstan region, a decline blamed on troubles in its oil-dependent economy. Hill Corp. made just 8,900 metric tons of finished lubricants at its blending plant in Shymkent last year, down from 22,500 tons in 2014.
The opening of the first waste oil rerefinery in Central Asia has been delayed for administrative reasons, Bulgarian lube maker Prista Oil told Lube Report Asia last week.
Lukoil said it will halt construction of its blending plant in Kazakhstan due to the countrys restrictions on base oil imports and lubricant exports.
South Koreas Hyundai Engineering Co. and LG International Co. are in the midst of a broad project to expand capacity for base oil, fuels and other petrochemicals at Turkmenbashi refinery, the Turkmen Oil and Mineral Resources Ministry said last week.