Conventional Base Stocks

Earnings Rise for S-Oil, Dip for SK

Earnings Rise for S-Oil, Dip for SK

Lube Report Asia - October 28, 2020

S-Oil reported a strong increase in operating income for its base oil business, while SK Lubricants posted lower operati ...

Nynas Proposes Debt Restructure

Nynas Proposes Debt Restructure

Lube Report EMEA - October 25, 2020

Nynas AB announced a proposal Monday to restructure its debts to lenders and to repay other creditors, a major step towa ...

HCC Down, WD-40 Up

HCC Down, WD-40 Up

Lube Report Americas - October 19, 2020

Heritage-Crystal Clean’s oil business segment reported lower revenue for the third quarter, while WD-40 posted higher ...

SK Makes Group III from Plastics

SK Makes Group III from Plastics

Lube Report Asia - October 16, 2020

SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted ...

Additive

Indian Oil Plans Gujarat Base Oil Plant

Lube Report Asia - October 16, 2020

Indian Oil Corp. Ltd. plans to construct a 235,000 metric ton per year base oil plant at its Gujarat, India, refinery as ...

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Adnoc Offers Base Oil Guarantee

Lube Report EMEA - October 13, 2020

Abu Dhabi National Oil Co. said Monday that it will now guarantee that its base stocks meet specified parameters for vis ...

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Brazil Court Orders Halt to Refineries Sale

Lube Report Americas - September 23, 2020

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil comp ...

Profits Down for Indian, Thai Companies

Profits Down for Indian, Thai Companies

Lube Report Asia - September 4, 2020

India’s Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported steep decline ...

Trade Up or Be Traded In

Trade Up or Be Traded In

Lubes'n'Greases - September 2, 2020

Are base oil traders headed for extinction, or will they adapt and rise again to offer value to the industry?

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Gulf Base Oil Plants Weather Laura

Lube Report Americas - September 2, 2020

The United States base oil market is still waiting for information about the reopening of the Excel Paralubes plant in W ...

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Gulf Plants Batten Down for Laura

Lube Report Americas - August 26, 2020

Refineries in eastern Texas and Louisiana are closing or scaling back operations as an intensifying Hurricane Laura barr ...

COVID-19 Hampers Vertex Results

COVID-19 Hampers Vertex Results

Lube Report Americas - August 19, 2020

Vertex Energy’s black oil segment, which includes its rerefineries business, posted steep decreases in operating incom ...

Poland Proposal Would Encourage Rerefining

Poland Proposal Would Encourage Rerefining

Lube Report EMEA - August 18, 2020

Poland’s government will introduce a waste oil management bill to encourage that used lubricants be recycled into base ...

Profits Up for GS Caltex, Hyundai Shell Base Oil

Profits Up for GS Caltex, Hyundai Shell Base Oil

Lube Report Asia - August 14, 2020

Base Oil refiners GS Caltex and Hyundai Shell Base Oil both posted increases in operating profit and drops in sales for ...

Profits Up for Calumet, Down for Quaker

Profits Up for Calumet, Down for Quaker

Lube Report Americas - August 12, 2020

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, Hol ...

Base Oil Report: Trends

Base Oil Report: Trends

Lubes'n'Greases - August 5, 2020

Put down your hammer and coffin nails, cautions Ray Masson: Recent tightness in the market shows this old category is st ...

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Base Oil Report: Pricing

Lubes'n'Greases - August 5, 2020

As lockdowns eased and demand began to pick up, base oil prices were also on the rise, reports Gabriela Wheeler.