Industries

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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 ...

India Amends Grease Standards

India Amends Grease Standards

Lube Report Asia - February 28, 2020

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

Coronavirus Impacts Asia Base Oil Refiners

Coronavirus Impacts Asia Base Oil Refiners

Lube Report Asia - February 28, 2020

Base oil refiners in Asia are slashing production and looking for alternative markets amid plummeting lubricant and grea ...

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Chinas Lube Demand Slides, Retains Value

Lube Report Asia - February 28, 2020

Lube consumption in China dipped 1.3 percent to an estimated 7.4 million metric tons in 2019, while the value of the mar ...

JV Will Make Repsol Lubes in Indonesia

JV Will Make Repsol Lubes in Indonesia

Lube Report Asia - 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

Lube Report Asia - 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 ...

South Korean Lube Demand Hits 10-year Low

South Korean Lube Demand Hits 10-year Low

Lube Report Asia - 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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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 ...

Cutting Oils in Demand for Solar Panels

Cutting Oils in Demand for Solar Panels

Lube Report Asia - 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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Pakistans NRL Posts Lower Lube Segment Profit

Lube Report Asia - January 31, 2020

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