Waxes

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Base Oil Production Falls in Japan

Lube Report Asia - May 27, 2020

Japan’s base oil production for April fell 20 percent compared to the same month last year, according to data recently ...

Results Decline at Calumet, Valvoline, Quaker

Results Decline at Calumet, Valvoline, Quaker

Lube Report Americas - May 8, 2020

Calumet Specialty Products Partners L.P. reported a net loss, Valvoline posted a slight decrease in operating income, Ho ...

Earnings up for Hi-Tech, Down for NRL

Earnings up for Hi-Tech, Down for NRL

Lube Report Asia - April 30, 2020

Hi-Tech Lubricants posted higher net profit for the quarter ending March 31, while National Refinery Ltd. reported decre ...

Non-petroleum Waxes Grow in Europe

Non-petroleum Waxes Grow in Europe

Lube Report EMEA - April 24, 2020

Europe was the second-largest supplier of wax in 2019, remaining a significant supplier of petroleum waxes while showing ...

Esso Thailand’s Lube Sales Down

Esso Thailand’s Lube Sales Down

Lube Report Asia - April 23, 2020

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sal ...

North America Leads in Alpha Olefin Wax

North America Leads in Alpha Olefin Wax

Lube Report Americas - April 21, 2020

While North America’s petroleum wax supply has declined due to rationalization of API Group I base oil plants, the reg ...

Asia Leads in Wax Supply

Asia Leads in Wax Supply

Lube Report Asia - April 16, 2020

Asia accounted for more than half of 11.2 billion pounds of global wax supply in 2019, leading in petroleum waxes in lar ...

Calumet Acquires Wax Maker

Calumet Acquires Wax Maker

Lube Report Americas - March 4, 2020

Calumet Specialty Products Partners L.P. announced yesterday it had acquired Paralogics LLC, a producer of candle and in ...

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Pakistans NRL Posts Lower Lube Segment Profit

Lube Report Asia - January 31, 2020

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I bas ...

Wax Industry Feels Pressure

Wax Industry Feels Pressure

Lube Report Americas - January 22, 2020

As the trade war between Washington and Beijing continues, the United States paraffin-based wax industry is feeling pres ...

U.S. Auto Sales Expected to Slide in 2020

U.S. Auto Sales Expected to Slide in 2020

Lube Report Americas - December 25, 2019

The National Automobile Dealers Association forecasted sales of 16.8 million new cars and light trucks in the United Sta ...

India to Sell Bharat Petroleum Stake

India to Sell Bharat Petroleum Stake

Lube Report Asia - November 22, 2019

The Indian government plans to sell its 53.29 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that ...

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White Oil Plant Planned in China

Lube Report Asia - September 6, 2019

Weifang Hongrun Petrochemical Technology Co. awarded a contract to Chevron Lummus Global for license and design of a 500 ...

Wax Industry Awaits Impact of Tariffs

Wax Industry Awaits Impact of Tariffs

Lube Report Americas - September 4, 2019

U.S. distributors and manufacturers of wax and wax products are bracing for the impact of new tariffs on Chinese imports ...

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Sabic, Clariant Defer Union

Lube Report EMEA - August 13, 2019

Chemical manufacturer Saudi Basic Industries Corp., a 24.99 percent stakeholder in Clariant AG, said the two companies w ...

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HollyFrontier to Acquire Sonneborn

Lube Report Americas - November 14, 2018

A HollyFrontier subsidiary will acquire Sonneborn from private equity firm One Equity Partners for $655 million cash und ...

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India May Challenge Chinese Wax Suppliers

Lube Report Asia - September 7, 2018

China continues to dominate the global wax market, but Indian suppliers are increasing sales domestically and abroad and ...