Business

Fuchs Acquires Swedish Lube Supplier
Metal sheet forming machine at a modern metalwork factory. Metal forming lubricants are among the products offered by Swedish company Gleitmo Technik AB. © Roman Zaiets

Fuchs Acquires Swedish Lube Supplier

Lube Report EMEA - June 15, 2021

Independent lubricant blender Fuchs Petrolub, based in Mannheim, Germany, acquired Swedish company Gleitmo Technik AB’ ...

HollyFrontier Buying Red Giant Oil

HollyFrontier Buying Red Giant Oil

Lube Report Americas - July 4, 2018

HollyFrontier Corp. announced yesterday a deal to buy Red Giant Oil Co., an Iowa company that claims to be one of the co ...

Profits Climb for Tide Water, GP

Profits Climb for Tide Water, GP

Lube Report Asia - June 11, 2021

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending Marc ...

Standard Greases Buys Chemicals Stake

Standard Greases Buys Chemicals Stake

Lube Report Asia - June 11, 2021

India’s Standard Greases and Specialties Pvt. earlier this week purchased a stake in Archit Organosys, which produces ...

Additive

Raizen Buys Shell’s Brazil Business

Lube Report Americas - June 9, 2021

Royal Dutch Shell on Monday agreed to sell its lubricant business in Brazil to Raizen, the energy company joint venture ...

Profits Up for Gulf, Apar

Profits Up for Gulf, Apar

Lube Report Asia - June 4, 2021

Gulf Oil Lubricants India Ltd. and Indian transformer oil supplier Apar Industries Ltd. both reported large increases in ...

Vertex Earnings Jump

Vertex Earnings Jump

Lube Report Americas - June 2, 2021

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported increase ...

Education Partnerships Urged for Industry

Education Partnerships Urged for Industry

Lube Report Americas - June 2, 2021

Non-degree certificate programs and six-month career certifications could help draw more young people into tribology and ...

Vertellus to Acquire IM Chemicals

Vertellus to Acquire IM Chemicals

Lube Report Americas - June 2, 2021

Specialty chemicals manufacturer Vertellus acquired IM Chemicals, another specialty chemicals producer involved in the l ...

Rethink Your Core Competencies

Rethink Your Core Competencies

Lubes'n'Greases - June 1, 2021

Best Practices The world seems to be turning the corner on COVID-19 as vaccinations are administered and businesses ...

Sustainability Bridges the Gap

Sustainability Bridges the Gap

Lubes'n'Greases - June 1, 2021

After a tumultuous year in 2020, lubricant industry players may be wondering whether sustainability is still a priority ...

Additive Investments Move East

Additive Investments Move East

Lubes'n'Greases - June 1, 2021

The markets for lubricants and additives in North America and Europe have shown minimal growth in the past decade. The ...

Additive

Profits Up for KH Neo, Down for Yushiro

Lube Report Asia - May 28, 2021

In Japan, KH Neochem Co. reported higher first-quarter operating profit and sales for its performance materials segment, ...

Lockhart Buys Chlorinated Paraffin Assets

Lockhart Buys Chlorinated Paraffin Assets

Lube Report Americas - May 26, 2021

Lockhart Chemical Co. announced last week that it acquired chlorinated paraffin manufacturing rights and related assets ...

Taking Industry’s Sustainability Temperature

Taking Industry’s Sustainability Temperature

Lube Report Americas - May 26, 2021

Lubricant, base stock and additive companies are doing a good job of communicating their sustainability efforts to emplo ...

Profits up for Sri Lankan Lube Suppliers

Profits up for Sri Lankan Lube Suppliers

Lube Report Asia - May 21, 2021

Chevron Lubricants Lanka Plc. reported large increases in profit and sales for the quarter ending March 31, compared to ...

Cosan’s Lube Segment Posts Record Quarter

Cosan’s Lube Segment Posts Record Quarter

Lube Report Americas - May 19, 2021

Moove, Cosan’s lubricants arm, reported increases in profit, revenue and sales volume for the first quarter of 2021, b ...