Industry News

POSCO International has completed a fully integrated palm oil value chain in Indonesia following its acquisition of one of the country’s leading plantation companies and the inauguration of a large-scale refinery developed with GS Caltex. The moves, announced on 19

Chilean producer SQM reported a sharp recovery in lithium market conditions during the third quarter of 2025, delivering the highest quarterly lithium sales volumes in its history amid tightening supply, lower inventories, and renewed demand growth. The company, one of

Lubrizol hosted its first Asia-Pacific Innovation Summit in Shanghai, China, bringing together more than 150 industry participants to discuss material science trends and the increasing role of collaboration in sustainable product development. The event underscored the

A groundbreaking ceremony held on 5 November 2025 marked the start of construction on a 250,000-tonne-per-year lubricating base oil refinery in Jinshan Town, Linzi District, Zibo City, Shandong Province, China, according to a

Magna has strengthened its footprint in China with a new manufacturing facility in Wuhu, Anhui Province, aimed at serving increasing demand for electric drive systems from domestic

Kixx has introduced a new motor oil purchase-and-change service model in Vietnam, in partnership with GS25, marking the lubricant brand’s latest market expansion. The

Castrol has launched BioTrans GB, an environmentally acceptable lubricant designed for use in marine thrusters, some controllable pitch propeller systems,

Vivo Energy has signed a share purchase agreement to acquire TotalEnergies Marketing Jordan, marking the company’s entry into its 29th

Jiffy Lube International, Inc. has named Mauricio Quezada as its new president and chief executive officer. Quezada brings more than 20

ENOC and MENA Biofuels have signed a memorandum of understanding to collaborate on the supply, offtake, and distribution of sustainable aviation fuel (SAF) produced in the United Arab Emirates