China

Valvoline Restarts China Plant Project

Valvoline Restarts China Plant Project

Lube Report Asia - March 26, 2020

Valvoline Inc. has resumed construction of a lubricants plant in Zhangjiang, China, after suspending the project in Febr ...

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 ...

China Auto Sales Drop Again

China Auto Sales Drop Again

Lube Report Asia - January 24, 2020

Auto sales in China fell again in 2019, decreasing 8.2 percent to 25.8 million units, according to data released by the ...

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Infineum to Expand China Additive Plant

Lube Report Asia - January 17, 2020

Infineum has signed a letter of intent to add a second phase to its lubricant additive plant in Zhangjiagang, Jiangsu pr ...

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Handi Mulls Hong Kong IPO

Lube Report Asia - January 10, 2020

Hainan Handi Sunshine Petrochemical Co. is in talks to prepare an initial public stock offering on the Hong Kong Stock E ...

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China Market Forecast to Shrink

Lube Report Asia - January 3, 2020

Although China was the worlds second-largest lubricant market in 2018, it is expected to shrink by a compound annual rat ...

Auto Sales Sag in China, India

Auto Sales Sag in China, India

Lube Report Asia - December 27, 2019

Declining automotive sales in China and India are expected to impact demand for base oils, industry experts said at a co ...

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Chinese Aim for White Oil Market Share

Lube Report Asia - November 29, 2019

The United States-China trade war presents an opportunity for Chinese white oil suppliers to grab market share in their ...

Additive Makers Gaining Role in China

Additive Makers Gaining Role in China

Lube Report Asia - November 22, 2019

A new Chinese national standard for diesel engine oil is expected to go into effect next year, leaving Chinese lubricant ...

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Tianhe Trading Remains Suspended

Lube Report Asia - November 8, 2019

Tianhe Chemicals Groups trading privileges on the Hong Kong Stock Exchange will remain suspended until further notice, t ...

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BP China Begins Construction of Third Plant

Lube Report Asia - November 1, 2019

BP started building a lubricants blending plant in Tianjin, China, news agencies in the country recently reported. First ...

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Profit Doubles at Copton Technology

Lube Report Asia - October 18, 2019

Copton Technology Co.s third quarter profit more than doubled compared to the same period of 2018, thanks to a large jum ...

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Chinas South Korean Base Oil Imports Dip

Lube Report Asia - October 11, 2019

Chinese imports of South Korean base stocks fell significantly in the middle of this year following several plant openin ...

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Association to Tackle Green Standard

Lube Report Asia - October 4, 2019

The Shanghai Lubricant Trade Association is organizing a new committee whose first priority will be to set up standards ...

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Bohui Near to Opening Group II Plant

Lube Report Asia - September 27, 2019

Bohui Chemical, a fuel supplier based in Chinas Zhejiang province, will start to produce API Group II base oil in Novemb ...

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Asian Markets Called Attractive

Lube Report Asia - September 27, 2019

While Western businesses may wring their hands in frustration at the difficulties of doing business in Asia, at least on ...