Southeast Asia

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Indonesia Disputes EU Fatty Acid Duties

February 13, 2024

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-d ...

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Southeast Asia Auto Sales Dipped in 2023

February 9, 2024

Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, ...

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Vietnam Requires Lube Suppliers to Recycle

January 5, 2024

Vietnam this week enacted an extended producer responsibility law requiring suppliers of lubricants and other materials ...

Welcome to Asia Unveiled

Welcome to Asia Unveiled

January 2, 2024

Asia is an extremely diverse continent and so is the lubricants landscape in the region.

PSP Reports Higher Profits

PSP Reports Higher Profits

December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

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UMW Moves to Bigger Plant

December 8, 2023

Independent toll blender UMW Lubetech Sdn. has increased its production capacity by more than two-thirds to 60 million l ...

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Shareholders Approve Acquisition of UMW

November 17, 2023

Malaysian conglomerate Sime Darby Berhard received shareholder approval yesterday for its proposal to acquire majority o ...

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

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PSP Conducts Stock Offering

September 29, 2023

P.S.P. Specialties Public Co. on Aug. 30 conducted an initial public stock offering – putting up for sale around 25% o ...

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Trade Group, Agencies Fight Counterfeiting

September 29, 2023

The Indonesia Lubricants Association organized a talk show last month to discuss how it is cooperating with the nation ...

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Fuchs Opens Vietnam Blending Plant

September 15, 2023

Fuchs Group opened a 20,000 metric tons per year lubricants blending plant in Vietnam to serve growing demand in the reg ...

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Petronas and Pertamina Mull Base Oil Venture

September 15, 2023

Petronas announced Wednesday that it has agreed with Pertamina to explore the possibility of the companies building a ba ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

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Shell May Sell Singapore Refining

August 25, 2023

Prospects for the future of Shell’s Singapore base oil plant have taken another turn as the company now is considering ...

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Survey: China, India Shift from Lithium Greases

June 23, 2023

Use of lithium soap grease thickeners dropped significantly in China and South Asia in 2022, according to the latest ver ...

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Petronas to Acquire, Upgrade Maleic Plant

June 16, 2023

Petronas Chemicals Group Bhd. is buying a maleic anhydride plant from its Malaysian joint venture with BASF and plans to ...

Profits Surge for Hyundai Shell Base Oil, Thai Oil

Profits Surge for Hyundai Shell Base Oil, Thai Oil

June 9, 2023

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating prof ...

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PSP Receives Nod for Stock Offering

May 26, 2023

Lubricant manufacturer P.S.P. Specialties Public Co. has obtained approval for its application for an initial public sto ...