Category: Fuels and Lubricants Materials

  • Hyundai’s domestic SUV sales top 2 million

    Hyundai’s domestic SUV sales top 2 million

    [THE INVESTOR] The number of Hyundai Motor ’s sport utility vehicles sold in South Korea has broken the 2 million mark, industry data showed on July 5. Hyundai is the first South Korean carmaker to sell more than 2 million SUVs in the local market. According to industry data, a total of just under 2.012 […]

  • Korea's dependence on coal-fired power output still high

    Korea's dependence on coal-fired power output still high

    Korea spent a record amount of money on coal-fired power generation last year, a nearly three-fold increase over a decade, indicating that the country’s dependence on the fossil fuel still runs high, industry data showed on Monday. According to the data compiled by the Korea Power Exchange, the country paid a total of 41.6 trillion […]

  • BOK forecast to hold key rate steady for Feb: poll

    BOK forecast to hold key rate steady for Feb: poll

    The Korean central bank is widely expected to stand pat on its key rate for another month in February despite weak signs of a recovery in the economy and exports that might require a rate hike down the road, a poll showed Thursday. In a monthly poll conducted by Yonhap Infomax, the financial news arm […]

  • Refiners' earnings unscathed by plunging oil prices

    Refiners' earnings unscathed by plunging oil prices

    Despite global oil prices hitting a multi-year low due to a supply glut, local oil refiners pocketed decent earnings last year on the back of improved cracking margins, and their stellar performance may continue into this year, analysts say. Oil prices have been in the doldrums since early last year on continued concerns over an […]

  • S. Korea’s industrial output rose in December

    S. Korea’s industrial output rose in December

    South Korea’s industrial output rose for the first time in three months in December, bolstered by solid growth in the chemical and refinery sectors, a government report showed Friday. Statistics Korea said production in mining, manufacturing, gas and electricity industries gained 1.3 percent last month from a month earlier. The increase marks a rebound after […]

  • Exports plunge on weak demand, oil prices

    Exports plunge on weak demand, oil prices

    South Korea’s exports plummeted 18.5 percent in January from a year ago, recording the largest year-on-year fall since August 2009 when the country was reeling from the global financial crisis. Exports from Korea had been on a downward path for 13 months straight, along with a continuous drop in oil prices and slowing demand from […]

  • Industrial Lubricants Manufacturers and Supplier

    Industrial Lubricants Manufacturers & Supplier:- It is very essential for industries to keep their machines in excellent running condition so that the productivity is not hampered with especially on account of their malfunctioning. Depending upon the type and use of machines, you need to choose a lubricant accordingly. Industrial lubricants include a range of products […]

  • Buy Fuel Tanks and Lubrication Equipment Online

    In industry there are several things which are very much essential and required. Some time it happens that you could not get the exactly what you want, the machinery or the equipment that meet your business or production requirements. Isn’t it? Also, even if you have looked almost everywhere and have not been able to […]

  • Five Tips For Successful Lubricant and Fuel Management

    A critical factor in every fuel and lubricant-related business’ success is its ability to manage its lubricant and fuel inventory. Both of these products can be a significant cost to a company when mismanaged and can even lead to theft, overruns, shortfalls and run outs, which in turn can cause increased costs and loss in […]