News
South Korea's base oil exports fell in June on the back of a slide in shipments to China, India and the US.
Exports of 345,000t in June fell from 403,380t the previous month, according to trade promotion organisation Kita.The volume was 17pc lower than the same month a year earlier and [...]
Base Oil Capacity Up in China, Asia
The Asia-Pacific region now accounts for nearly half of global mineral base oil capacity after a surge in supply from China over the past year, according to the “2019 Global Guide to Base Oil Refining, [...]
Grease Output Up in Asia, Down in China
Lubricating grease production in China appears to have continued its decline in 2018, according to the National Lubricating Grease Institute’s yearly survey, which was released this [...]
BASF Adds Antioxidant Supply in China
Feiya Chemical Co. has opened a factory in China’s Jiangsu province to produce lubricant antioxidants on behalf of BASF. The plant was built under a technology licensing and manufacturing [...]
China Remains Large Base Oil Importer
China is one of the world’s largest importers of base oils, and that looks unlikely to change as its finished lubricant market continues to grow. By 2021, base oil consumption in the country is forecast [...]
Valvoline sees strong growth in China, India
US lubricants manufacturer Valvoline saw a fall in total lubricant volumes from its international business in the April-June financial quarter, even as sales in China rose strongly. Total finished lube sales [...]
Valvoline to Build Lubes Plant in China
Valvoline Inc. announced plans Wednesday to invest ¥443 million (U.S. $70 million) to build its first lubricants plant in China to meet growing demand there. The new blending and packaging [...]
BASF - SINOPEC add Capacity of Neopentylglycol in China
BASF SE and SINOPEC announced last week, they will expand the production capacity of Neopentylglycol (NPG) at the state-of- the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in [...]
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