Business

Your Business

May 27, 2015

Jack Goodhue casts a skeptical eye on the havoc-wreaking management fad Holacracy.

The world currently consumes approximately 3 million tons per year of synthetic and semi-synthetic finished lubricants, but the rate of usage varies s ...

DuBois Gets Heatbath

May 27, 2015

DuBois Chemicals acquired Heatbath Corp., including its Park Metallurgical business, for an undisclosed amount in a deal that will enhance Dubois indu ...

The Asia-Pacific region is the worlds largest market for finished lubricants, and with rapidly growing economies, its set to leap-frog some other regi ...

Indias electrical transformer oils market will use less API Group I and II paraffinic base stocks and make them instead with naphthenics, Group III an ...

South Korean base oil exports jumped 29 percent over the past three years, while at the same time prices for those oils fell, customs statistics showe ...

Russian motorists are generally aware of what engine oil goes into their vehicles and they follow drain interval recommendations, according to results ...

Castrol India and GTS Chemicals lubricant business both reported big jumps in profits for the quarter ended March 31, while Chevron Lubricants Lanka a ...

Industry Calendar

May 14, 2015

JUNE 6-9. NLGI Annual Meeting Coeur dAlene Resort, Idaho, U.S. nlgi@nlgi.org www.nlgi.org 9-11. ICIS Asian Base Oils & Lubricants Conference Marin ...

Ukraines lubricant consumption nose-dived up to 30 percent since the armed conflict in the eastern part of the country began earlier last year, source ...

1Q Earnings Wrap-up

May 13, 2015

The first quarter saw a rebound in net income for Calumet, increased revenue for rerefiner Heritage-Crystal Cleans oil business segment, and reduced t ...

Vertex Energy announced that it began leasing the Bango Oil base oil rerefinery in Fallon, Nev. this month. The Houston-based rerefiner said its origi ...

BASF purchased Lanxess intellectual property for a new manufacturing process for high molecular weight PIB, which is used in lubricants. Financial ter ...

Indias base stock demand is shifting from API Group I to Group II and III because the growing need for high-performance lubricants is transforming the ...

Q1 Earnings Roundup

May 6, 2015

Fuchs Petrolub, Ashlands Valvoline segment and BPs lubricants business each reported higher profits for the quarter ending March 31, while profits for ...

Bangladeshs MJL Ltd. reported a 10 percent increase in revenue and a 19 percent increase in profit for its lubricants operations in 2014. SK Lubricant ...

India is the worlds second-largest market for two-wheelers, and it is on track to move past China in the next couple decades, a trend that translates ...

Chinas slowing economy brings the domestic lubricant industry enormous challenges, including a decline in traditional manufacturing industries and a m ...

Lubricant additives supplier Afton Chemical and the base oil business of South Korean refiner S-Oil each posted increased profits and decreased sales ...

BARCELONA, Spain – Scale and wear particles are the most common sources of contaminants in greases, along with burned soap, dirt and sand, a wor ...