Southeast Asia

Dow Plans Chemicals Plant in China

Dow Plans Chemicals Plant in China

March 5, 2021

Dow signed a memorandum of understanding Thursday to build a specialty chemicals hub in Zhanjiang, China. The $250 milli ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

Southeast Asia Vehicle Sales Down in 2020

Southeast Asia Vehicle Sales Down in 2020

February 19, 2021

Southeast Asia sales of four-wheel automobiles dropped nearly 30% in 2020, and motorcycle and scooter sales fell by almo ...

Fuchs Picks Up Vietnam Distributor

Fuchs Picks Up Vietnam Distributor

February 12, 2021

Fuchs Group announced this week that it has purchased a controlling stake in the lubricants business of Vietnamese distr ...

Additive

Indonesia JV to Supply Palm Catalysts

January 29, 2021

PT Pertamina Lubricants and two other Indonesian companies have formed a joint venture aimed at developing catalysts tha ...

U.S. Blocks Sime Darby Palm Oil

U.S. Blocks Sime Darby Palm Oil

January 8, 2021

The United States Customs and Border Protection agency last week announced a ban on palm oil produced in Malaysia by Sim ...

Cambodia Nixes Duties on Some Lubes

Cambodia Nixes Duties on Some Lubes

January 1, 2021

Cambodia will eliminate tariffs on imported industrial lubricants effective Jan. 1 in an attempt to boost competitivenes ...

Vietnam Lube Consumption Rebounds

Vietnam Lube Consumption Rebounds

January 1, 2021

Vietnam is returning to pre-pandemic levels of lubricant consumption, an industry insider said, boosted by strong growth ...

2020: Busy Beyond Pandemic

2020: Busy Beyond Pandemic

December 25, 2020

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of o ...

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Shell to Close Singapore Plant

December 18, 2020

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently clo ...

Gulf Oil to Buy Singapore Plant

Gulf Oil to Buy Singapore Plant

December 11, 2020

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean ...

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Asia Association Names Executive Director

December 4, 2020

The Asian Lubricant Manufacturers Union appointed Bernard Wong as its new executive director effective Dec. 1.

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

November 27, 2020

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for ...

Singapore to Mandate Packaging Cuts

Singapore to Mandate Packaging Cuts

November 20, 2020

Singapore’s government has approved rules that will require businesses, including lubricant blenders and importers to ...

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Hin Leong on Sales Block

October 28, 2020

Troubled oil trader and lubricants producer Hin Leong Trading Pte. has apparently been put up for sale, based on notices ...

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Development Buoys Asean Outlook

October 23, 2020

The lubricants market in Southeast Asia – which is weighted toward products for two-wheelers and process oils – will ...

Profits Drop at Lanka IOC, Petronas

Profits Drop at Lanka IOC, Petronas

September 18, 2020

Lubricant supplier Lanka IOC reported a steep net loss, and the lubricants business segment of Malaysian state-owned oil ...

Profits Down for Indian, Thai Companies

Profits Down for Indian, Thai Companies

September 4, 2020

India’s Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported steep decline ...