Business

Cosan, Nynas Earnings Up

November 18, 2015

Nynas recorded a strong increase in operational cash flow for its naphthenic unit, and Cosan Lubrificantes posted an increase in net revenue in the th ...

ARG Names New CEO

November 18, 2015

Timothy Brown became chief executive officer of American Refining Group, succeeding Harry Halloran, the companys board of directors announced. Before ...

Industry Calendar

November 16, 2015

DECEMBER 1-3. CIS Downstream Week Baku, Republic of Azerbaijan k.kudabayev@theenergyexchange.co.uk www.cis-downstream.com/ JANUARY 12-14. 20th Intern ...

Q3 Earnings Summary

November 11, 2015

Calumet Specialty Products Partners posted a net loss, Clean Harbors made less money off rerefined and blended products and Milacron reported lower op ...

Chemical distribution giant Brenntag is shifting its North American industry mix to finished lubricants in a big way with the acquisition of mega-dist ...

Average yearly sales for oil change-plus facilities – places that change oil, but not as their primary business – topped $867,000, down 9. ...

JOHANNESBURG, South Africa – The global shift in base oil production away from API Group I will compel African blenders to consider using higher ...

Castrol India recorded a 21 percent gain in profits for its most recent quarter, Balmer Lawries lube segment made profit after being in the red last y ...

The Hong Kong Stock Exchange has told Tianhe Chemicals that it must hire a forensic accountant to address questions about its 2014 finances before tra ...

Q3 Earnings Roundup

November 4, 2015

Ashlands Valvoline segment posted increased operating income, Fuchs Petrolub experienced an uptick in net income, and sales were up for Chemturas petr ...

DUBAI, United Arab Emirates – Despite uncertainty over crude oil prices, there are grounds for optimism in the base oils market, according to an ...

Revenue for GTS Chemicals lubricant division spiked 59 percent for the first nine months of 2015, while Bangladeshi MJL reported a 10 percent drop in ...

Tongyi Sale Closes

November 3, 2015

Shell announced yesterday that it has closed on the sale of its 75 percent stake in Tongyi Lubricants to Carlyle Group and Huos Group.

Q3 Earnings Wrap-up

October 28, 2015

Profits were up for Afton Chemical, SK Lubricants and BPs lubricants business, while sales were down for Heritage-Crystal Cleans oil business segment, ...

Bridgestone Retail Operations plans to acquire Pep Boys in an $835 million deal that will combine two large U.S. chains of automotive after-market ser ...

SK Profit Up, Sales Down

October 27, 2015

SK Lubricants' third quarter sales dropped 5 percent year over year, but its operating profit rose 13 percent as weaker crude oil prices yielded bette ...

Best Practices

October 21, 2015

Sara Lefcourt helps us look beyond the details of everyday business and see the big picture.

S-Oil, WD-40 Earnings Up

October 21, 2015

S-Oil reported increased operating income for the third quarter ending Sept. 30, and WD-40 reported increased net income for the quarter ending Aug. 3 ...

ROVINJ, Croatia – Lubricant demand in the former Yugoslavia slumped by 29 percent over the past 10 years, battered by low industrial output and ...

DUBAI, United Arab Emirates – The Middle East is being buffeted by economic, market and supply changes that promise to alter the way the its lub ...