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 ...

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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 ...

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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 ...

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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 ...