Business

Singaporean independent lubricants blender AP Oil reported that its net profit dropped 39% to Singaporean $1 million (U.S. $714,000) for the six month ...

Cracking Corrosion’s Code

September 1, 2022

Costing about $2.2 trillion annually, corrosion is a costly problem. Fortunately, ever-improving lubricant technology can help to mitigate the damage.

Effective leadership is paramount to a business’ success. Jack Goodhue outlines some traits that good leaders should have.

The National Lubricant Container Recycling Coalition, a group of major lubricant players and packaging manufacturers aiming to establish programs that ...

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period last year. Sales were pressure ...

Vertex Energy Inc. reported a 178% increase in gross profit and increased sales for its used motor oil collection and processing business, and Perimet ...

Ardova Posts Bigger Loss

August 23, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in sales revenue for the quarter ...

Moove, the lubricants arm of Brazil-based Cosan, posted higher profits, revenue and sales volume for the three months ending June 30. The São Paulo-b ...

Like many others, the lubricants industry is facing growing demands to operate in ways defined as sustainable. A special report from the August issue ...

Like many others, the lubricants industry is facing growing demands to operate in ways defined as sustainable. A special report from the August issue ...

Liqui-Moly reported an 8 percent increase in sales for the first half of this year. The German company said that exporting to many countries helped it ...

Like many others, the lubricants industry is facing growing demands to operate in ways defined as sustainable. A special report from the August issue ...

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions enabled them to alleviate the i ...

Valvoline Inc. reported higher net income and operating income for the quarter ending June 30, in spite of a 28% increase in cost of sales. Meanwhile, ...

BP’s Castrol segment reported a decrease in underlying replacement cost before interest and taxes for the second quarter ending June 30, yet remaine ...

Profits increased more than 10% for SK Lubricants in the second quarter, while profits tumbled almost 70% for fellow South Korean base oil refiner Hyu ...

Saudi Aramco announced on Monday a $2.7 billion deal to acquire Valvoline’s Global Products business, which is its lubricant and maintenance product ...

Sales Up for HCC

August 3, 2022

Heritage-Crystal Clean’s oil business segment reported 45% higher revenue for its second fiscal quarter ending June 18, getting a boost from increas ...

United Arab Emirates-based Adnoc Distribution expanded into Egypt with the acquisition of a 50% stake of French energy company TotalEnergies’ Egypti ...

Q2 Profits Down for Fuchs

August 2, 2022

Independent lubricants blender Fuchs Petrolub SE reported a decrease in profits and an increase in sales for the second quarter, compared to results i ...