Profits Up for Singaporean, Indian Lube Companies

Singapores lubricant blenders United Global and AP Oil reported strong increases in net profit for 2019, and Sri Lankas ...


Sri Lanka Demand Shrank in 2018

Lubricant demand volumes in Sri Lanka shrank 0.3 percent in 2018, while the sales value of those products rose 3.1 perce...


Hyrax to Open Sri Lanka Blending Plant

Malaysian company Hyrax Oil plans to open a lubricant blending plant next week at an oil terminal in Muthurajawela, Sri ...


Profits Down for Chevron Lanka

Chevron Lubricants Lanka PLC reported a 51 percent drop in profit year over year to 267.1 million Sri Lankan rupees (U.S...


Sri Lanka Invites Bids for Licenses

The Sri Lankan government invited lubricant suppliers this month to apply for the new permits that it plans to issue for...


Profits Up for Gulf, Savita; Down for Chevron Lanka

Gulf Oil Lubricants India and Savita Oil Technologies posted increased profits and revenues for the quarter ending Dec. ...


Sri Lanka Lube Sales up Double-digits

Lube sales in Sri Lanka were up 11.4 percent last year, as Chevron continued to hold the lions share of the 26.1 billion...


Sri Lankas Synlubes Tax Hike: Good or Bad?

Duties and taxes on synthetic lubricants in Sri Lanka shot up by 31 percent late last year, a move commerce advocate gro...


Sri Lankas Lube Consumption Grows

Sri Lankas annual demand for finished lubricants grew 6.8 percent in 2015 to almost 58 million kiloliters, accounting fo...


Laugfs Opens R&D Center in Sri Lanka

Aiming to provide formulations tailored to Sri Lankan driving conditions, Laugfs Lubricants Ltd. recently opened a resea...