Business

SK’s Q2 Profits, Sales Fall

SK’s Q2 Profits, Sales Fall

Lube Report Asia - July 31, 2020

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings repo ...

Revenues Drop for HCC

Revenues Drop for HCC

Lube Report Americas - July 29, 2020

Heritage-Crystal Clean’s oil business segment – which includes oil collection activities, rerefining activities and ...

Additive

S-Oil Earnings Jumped

Lube Report Asia - July 24, 2020

South Korean refiner S-Oil reported that its base oil business posted a strong increase in operating income and a drop i ...

Slump Expected for Wind Energy Lubes

Slump Expected for Wind Energy Lubes

Lube Report Asia - July 22, 2020

Global lubricant demand for wind energy is likely to hit a speed bump in the current economic climate but should rebound ...

Wind Energy Lube Demand Forecast to Stall

Wind Energy Lube Demand Forecast to Stall

Lube Report Americas - July 19, 2020

Global lubricant demand for wind energy is likely to hit a speed bump in the current economic climate but should rebound ...

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

U.S. Auto Sales Continue Rebound

U.S. Auto Sales Continue Rebound

Lube Report Americas - July 15, 2020

Auto sales in the United States showed signs of life later in the second quarter, though numbers remained down on a year ...

Hope for Recovery Voiced at Webinar

Hope for Recovery Voiced at Webinar

Lube Report Americas - July 10, 2020

Order volumes for every lubricants market sector, from base oils and additives to finished lubes, dropped by 40% in Apri ...

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WD-40 Profits Down

Lube Report Americas - July 10, 2020

WD-40 reported net income of $14.5 million for the quarter ending May 31, down 20% from a year earlier, with net sales f ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

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Brenntag Acquires Thai Distributor

Lube Report Asia - July 8, 2020

Chemicals company Brenntag acquired Thailand-based lubricants distributor Oils ‘R Us Co. Ltd. as part of its expansion ...

Vehicle Aging Trend Continues

Vehicle Aging Trend Continues

Lube Report Americas - July 7, 2020

The average age of light vehicles in the United States rose 8%, from 10.9 years in 2011 to 11.8 years in 2019, and is pr ...

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European Grease Volumes Drop

Lube Report EMEA - July 5, 2020

Europe reported slightly lower grease production in 2019, according to a survey conducted by the United States-based Nat ...

Your Business

Your Business

LNG Magazine - July 2, 2020

Dealing with covid-19 has been something of an adventure, says Jack Goodhue. What lessons have we taken away from the ex ...

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Mixed Results for Indian Companies

Lube Report Asia - July 1, 2020

Apar Industries reported a steep drop in net profit for the quarter ending March 31, while Maximus International and Con ...

Grease Output Up in China, Down in India

Grease Output Up in China, Down in India

Lube Report Asia - July 1, 2020

Reported lubricating grease production was up in China and Southeast Asia, and down in India and Japan, according to a s ...

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Grim Outlook Given for Industry

Lube Report Americas - June 29, 2020

The COVID-19 pandemic has caused serious damage to lubricants markets around the world, but the bigger problem could be ...