Lubricants

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

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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Brenntag Acquires Thai Distributor

July 8, 2020

Chemicals company Brenntag acquired Thailand-based lubricants distributor Oils ‘R Us Co. Ltd. as part of its expansion ...

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Mixed Results for Indian Companies

July 3, 2020

Apar Industries reported a steep drop in net profit for the quarter ending March 31, while Maximus International and Con ...

Profits Down for Indian Lube Suppliers

Profits Down for Indian Lube Suppliers

June 26, 2020

Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported declines in profit for ...

Australia Sales Fell in April

Australia Sales Fell in April

June 26, 2020

April sales of lubricating oil and grease in Australia fell 7 percent year on year to 25.6 million liters, according an ...

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Hindujas in Court Over Ownership

June 26, 2020

The Hinduja Group, owner of several lubricant businesses, is embroiled in a dispute between the four aging brothers who ...

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Pandemic Cuts Profits for Gulf, Castrol India

June 19, 2020

Castrol India and Gulf Oil Lubricants India Ltd. both reported steep drops in profits for the quarter ending March 31, c ...

Internet-of-vehicles Looms for Oil Changes

Internet-of-vehicles Looms for Oil Changes

June 19, 2020

An increasing number of vehicles in China are equipped to transmit information about their operations across the interne ...

Sakhalin Keen on Natural Gas Transit

Sakhalin Keen on Natural Gas Transit

June 12, 2020

Russia’s Sakhalin region is preparing to convert much of its vehicle parc to run on compressed natural gas, a zero-emi ...

Profits Dip at Lanka IOC, Petronas

Profits Dip at Lanka IOC, Petronas

June 5, 2020

Lubricant supplier Lanka IOC reported a net loss while the lubricants business segment of Malaysian state-owned oil firm ...

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Base Oil Production Falls in Japan

May 29, 2020

Japan’s base oil production for April fell 20 percent compared to the same month last year, according to data recently ...

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Profits Up for Thai Oil Base Oils

May 29, 2020

Stated-owned Thai Oil Group’s base oil business reported a major increase in net profit on lower sales revenue in the ...

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Promoting Out of a Crisis

May 22, 2020

As China slowly reopens its economy, domestic lube suppliers see survival at the top of the agenda and are using promoti ...

Profit Down for Chevron Lubricants Lanka

Profit Down for Chevron Lubricants Lanka

May 22, 2020

Chevron Lubricants Lanka Plc reported sharp declines in profit and sales for the quarter ending March 31, compared to th ...

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Profits Up for GS Caltex, Down for KH Neochem

May 15, 2020

GS Caltex reported increased operating profit for its base oil and lubricant business, and KH Neochem Co. poster lower o ...

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Mixed Q1 for South Korean Companies

May 8, 2020

Among South Korea’s large base oil refiners, S-Oil and Hyundai Shell Base Oil both posted large increases in operating ...