Weekly Asia Base Oil Report: 15 – 21 October 2023
The Hamas attack on Israel over the weekend has injected a wave of unpredictability into the world of crude oil …
market news
South Korea’s Base Oil Exports Reach New Heights in April
According to the latest report from the Korea Customs Agency, South Korea witnessed robust growth in base oil exports during …
Steady Growth Anticipated in Indonesian Lubricant Market
During the ICIS Asian Base Oils and Lubricants Conference in Singapore, a representative from Pertamina revealed that Indonesia’s lubricant demand …
Brakes India Makes Mark in Lube Industry
India’s automotive lubricant market welcomes a major player as Brakes India Ltd., the nation’s leading braking systems manufacturer, enters the …
Base Oil Imports Surge as Exports Decline in America
Recent data from the U.S. Energy Information Administration revealed a 10% decline in base oil exports from the United States, …
Power Move: Amsoil Acquires Industrial Lube Blender
Amsoil Inc., based in Superior, Wisconsin, has completed the acquisition of Benz Oil, a lube blender also located in Wisconsin. …
Moresco Moves China Lubes: New Plant Ahead
Moresco Corp, a specialty lubricant manufacturer, has initiated the construction of a new plant in Haining city, Zhejiang province, Eastern …
Turkmenistan Welcomes New Blending Plant
In a recent announcement by the Turkmen state news agency THP, it has been revealed that an industry association in …
Copton’s Profit Slump
Copton Tech, a lubricant manufacturer based in Qingdao, Shangdong province, faced significant financial challenges in the fourth quarter and throughout …
