Thailand

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Asean Lube Demand Projected to Grow

January 6, 2023

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual ...

Profits Up at Thai Oil, Down at MJL, Eastern

Profits Up at Thai Oil, Down at MJL, Eastern

December 9, 2022

Net profit for Thai Oil’s base oil business rose 21% for the quarter ending Sept. 30. Base oil prices were steady in t ...

Thai Oil Earnings Fell in Second Quarter

Thai Oil Earnings Fell in Second Quarter

August 26, 2022

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period ...

Thailand Develops Palm Transformer Oil

Thailand Develops Palm Transformer Oil

July 15, 2022

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils form ...

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Thailand Wants Biolubes Industry

March 11, 2022

Thai officials working to foster agriculture-based industry have highlighted lubricants as one of two types of products ...

Profits Jump for Thai Oil Base Oils

Profits Jump for Thai Oil Base Oils

February 25, 2022

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Profits Up for GS Caltex, Thai Oil

Profits Up for GS Caltex, Thai Oil

August 27, 2021

GS Caltex’s lube division, Thai Oil Group’s base oil business and KH Neochem’s performance materials segment all r ...

Thailand to Boost Bio-lubes, Palm Oil

Thailand to Boost Bio-lubes, Palm Oil

May 21, 2021

Thailand’s central government is working to develop its palm oil industry, and the strategy includes promoting demand ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

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Pertamina Expanding in Thailand, Australia

April 2, 2021

Pertamina continues to working to expand lubricant sales overseas, with particular attention to Australia and Thailand. ...

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 ...

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 ...

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 ...

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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 ...

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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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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Esso Thailand’s Lube Sales Down

April 24, 2020

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sal ...