Business

Profits up for MJL, Eastern Lubricants

Profits up for MJL, Eastern Lubricants

Lube Report Asia - November 24, 2023

MJL Bangladesh and Eastern Lubricants Blenders reported large improvements in sales and profits for the quarter ended Se ...

Earnings Climb for Mr. Lube + Tires

Earnings Climb for Mr. Lube + Tires

Lube Report Americas - November 22, 2023

Canadian quick lube service business Mr. Lube + Tires reported an 18% increase in sales revenue and slightly higher same ...

Shareholders Approve Acquisition of UMW

Shareholders Approve Acquisition of UMW

Lube Report Asia - November 17, 2023

Malaysian conglomerate Sime Darby Berhard received shareholder approval yesterday for its proposal to acquire majority o ...

Earnings Climb at Yushiro, KH Neochem

Earnings Climb at Yushiro, KH Neochem

Lube Report Asia - November 17, 2023

Profits and sales for the quarter ended Sept. 30 surged for Japanese metalworking fluids and industrial fluids manufactu ...

Additive

Trecora Acquires Pentasulfide Producer

Lube Report Americas - November 15, 2023

Petrochemical manufacturer Trecora LLC announced last week that it has acquired the lubricant additives business of Chem ...

Profits Up at Valvoline and Calumet, Down at Moove

Profits Up at Valvoline and Calumet, Down at Moove

Lube Report Americas - November 15, 2023

Valvoline reported higher operating income and sales, and Calumet reported a large increase in net income, while Cosan ...

Conoil Earnings Down, MRS Oil Up

Conoil Earnings Down, MRS Oil Up

Lube Report EMEA - November 14, 2023

Among Nigerian blenders, Conoil reported a steep decline in gross profit on lower sales for its lubricants segment, whil ...

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

Lube Report Asia - November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

Additive

Researchers Use Electricity to Reduce Friction

Lube Report Asia - November 10, 2023

A research group led by two universities in Japan recently announced a new technology that uses dielectrophoresis – el ...

New STLE White Paper Tackles EVs’ Impact on Tribology

New STLE White Paper Tackles EVs’ Impact on Tribology

Electric Vehicles InSite - November 8, 2023

STLE released a new white paper on electric vehicle's impact on tribology.

Quaker Chem, HF Sinclair Net Higher Earnings

Quaker Chem, HF Sinclair Net Higher Earnings

Lube Report Americas - November 8, 2023

Earnings at Quaker Chemical and HF Sinclair’s lubricants and specialty segment rose for the third quarter ended Sept. ...

Profits Up for Castrol, Down for Luberef

Profits Up for Castrol, Down for Luberef

Lube Report EMEA - November 7, 2023

BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 2 ...

Profits Fall for Korean Base Oil Suppliers

Profits Fall for Korean Base Oil Suppliers

Lube Report Asia - November 3, 2023

The SK Enmove base oils and lubricants business, S-Oil’s base oils and lubricants business and joint venture Hyundai S ...

What Is the Future of PFAS?

What Is the Future of PFAS?

Lubes'n'Greases - November 1, 2023

The ever-increasing regulation of PFAS could have significant consequences for metalworking fluids and other lubricants.

Question (Almost) Everything

Question (Almost) Everything

Lubes'n'Greases - November 1, 2023

Jack Goodhue explores how questioning convention can lead to innovation.

Revenue, Waste Oil Volume Fall for Safety-Kleen

Revenue, Waste Oil Volume Fall for Safety-Kleen

Lube Report Americas - November 1, 2023

Clean Harbors reported a challenging third quarter for its Safety-Kleen segment – which includes waste oil collection ...

Fuchs Profit Rises Despite Dip in Sales

Fuchs Profit Rises Despite Dip in Sales

Lube Report EMEA - October 31, 2023

Fuchs SE posted an 11% increase in third quarter profits, compared to the same period of last year, despite a small drop ...