Thailand

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Thailand Lube Sales Regain Covid Losses

July 17, 2024

Lubricant sales in Thailand are expected to recover to pre-Covid levels, said an official from the Department of Energy ...

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Shell Expands Thai Grease Plant

June 28, 2024

Shell announced last week that it has completed an expansion of its grease manufacturing plant in Bangkok, tripling the ...

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PSP Receives Capital Infusion

June 7, 2024

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on pro ...

Profit Up at PSP, Down at Lanka IOC

Profit Up at PSP, Down at Lanka IOC

May 24, 2024

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue ...

Profits Decline for GS Caltex, Thai Oil

Profits Decline for GS Caltex, Thai Oil

May 10, 2024

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the fi ...

PSP Profits, Sales Decline in 2023

PSP Profits, Sales Decline in 2023

March 8, 2024

P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

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 ...

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 ...

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 ...

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 ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

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Car and Truck Sales Rose in Southeast Asia

February 10, 2023

In Southeast Asia in 2022, sales of four-wheel automobiles rose 23%, while sales of motorcycles and scooters in four key ...

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Thailand Picked for Biobased Acids Plant

January 27, 2023

French biochemical company Afyren and Thai sugar producer Mitr Phol Group will partner to establish a biorefinery in Tha ...

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ExxonMobil Keeps Thailand Lubes Business

January 13, 2023

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in T ...