Business

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 ...

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Hi-Tech Ends 2020 on High Note

Lube Report Asia - April 2, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter t ...

The Year of the Ox

The Year of the Ox

Lubes'n'Greases - April 1, 2021

Asia’s Increasing Influence on the Global Lubes MarketAfter a tumultuous year for lubricant markets around the gl ...

United States Base Oils Bounce Back?

United States Base Oils Bounce Back?

Lubes'n'Greases - April 1, 2021

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Steph ...

Best Practices

Best Practices

Lubes'n'Greases - April 1, 2021

Rethink Your Risk AnalysisOver the past month or so, there have been several stunning examples of systemic failures ...

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Joint Ventures Fuel Repsol’s Growth

Lube Report EMEA - March 30, 2021

Repsol said recently that a joint venture strategy has helped its lubricant business grow by 40% over the past five year ...

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Profits Drop at AP, United Global

Lube Report Asia - March 26, 2021

Two Singapore-based lubricant producers – AP Oil International and United Global Ltd. – reported recently that their ...

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Machine Tools Firm Buys Fluid Supplier

Lube Report Americas - March 24, 2021

Machine tool distributor Concept Machine recently acquired St. Louis, Missouri-based B.C. Macdonald & Co., a cutting ...

Merger Forms Canada-Mexico Rail Network

Merger Forms Canada-Mexico Rail Network

Lube Report Americas - March 24, 2021

Canadian Pacific Railway acquired Kansas City Southern, one of the largest transporters of base oil and lubricants from ...

Yip’s Lube Profits Rose Despite COVID

Yip’s Lube Profits Rose Despite COVID

Lube Report Asia - March 19, 2021

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business reported higher operating profit and sales for th ...

Vertex Earnings Dipped in 2020, Q4

Vertex Earnings Dipped in 2020, Q4

Lube Report Americas - March 17, 2021

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

Fuchs Adds JV In Egypt

Fuchs Adds JV In Egypt

Lube Report EMEA - March 16, 2021

German independent lubricants blender Fuchs Petrolub SE announced on March 12 a joint venture in Egypt with longtime par ...

Calumet Loss Increased in 2020

Calumet Loss Increased in 2020

Lube Report Americas - March 10, 2021

Calumet Specialty Products Partners L.P. reported a fourth quarter net loss of $82.6 million, worse than a $38.6 million ...

Fuchs Counts 2020 an Achievement

Fuchs Counts 2020 an Achievement

Lube Report EMEA - March 9, 2021

Fuchs Petrolub SE, the world’s largest independent lubricant supplier, reported today that its profits fell 3% in 2020 ...

Profits Up for Chevron Lanka, Down for KH

Profits Up for Chevron Lanka, Down for KH

Lube Report Asia - March 5, 2021

Chevron Lubricants Lanka Plc reported higher profits, and Japan’s KH Neochem Co. posted declines in operating profit ...

Is Latin America Down for the Count?

Is Latin America Down for the Count?

Lubes'n'Greases - March 4, 2021

Last year, governments around the globe scrambled to dodge the economic effects of stay-at-home orders, increased unemp ...