Business

Lube Report speaks to Mike Damiani, president of the Independent Lubricant Manufacturers Association about goals for the Washington, D.C.-based trade ...

Net sales for German lubricant and aftermarket additive manufacturer Liqui Moly increased 20% in 2021, boosted by growth in sales in the United States ...

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and slightly higher sales of synthetic oils for ...

U.S. Lubricants purchased a lube blending facility in Baltimore, Maryland, from BP, the company announced this week. U.S. Lubricants, which is based i ...

Private equity firm OpenGate Capital has acquired Chemsolv Inc., a Virginia-based regional distributor of commodity and specialty chemicals, including ...

Mixed Results for WD-40

January 12, 2022

WD-40 Co. reported net income of $18.6 million for the quarter ending Nov. 30, a 21% decrease from $23.6 million in the same period in 2020. The compa ...

Biosynthetic Technologies, a producer of biobased synthetic compounds used in base oils, lubricants and additives, acquired castor oil and castor oil ...

Eastern Lubricants Blenders Ltd.’s profit jumped more than ten-fold for its fiscal year ended in mid-2021, thanks to a resumption of its sporadic ba ...

Employees at ExxonMobil’s Beaumont, Texas, refining complex and lubricant manufacturing plant completed an election last week on a request to decert ...

Investment firm SK Capital has completed its purchase of a controlling stake in Seqens, a French producer of chemicals for pharmaceuticals, as well as ...

The Bounty of Bench Tests

January 1, 2022

The changing landscape for lubricants and greases means that bench tests must also evolve. How are bench tests supporting solutions to new lubrication ...

Are Additives Keeping Up?

January 1, 2022

As the lubricants industry enters a transformative period, no segment of the industry is spared. Discover how European additives associations are plan ...

The base stocks used to formulate lubricants for electric vehicles are vital to performance. What are the best options?

The transition to electric vehicles is imminent, but the speed of adoption remains debatable. Explore the factors that may influence how quickly EVs w ...

Corporate conglomerates seem to go in and out of style. Jack Goodhue explains how they are faring in today’s market.

Swedish company VBG Group acquired all shares of U.S.-based Carlyle Johnson Machine Co. for $16.5 million. Carlyle Johnson designs and manufactures co ...

Investment Firms Swap RelaDyne

December 29, 2021

Private equity firm American Industrial Partners announced last week that it has acquired RelaDyne, one of the leaders of the consolidation trend in N ...

Croda Selling Unit to Cargill

December 28, 2021

Agricultural products company Cargill Inc. has agreed to buy most of Croda International Plc’s Performance Technologies and Industrial Chemicals uni ...

Zhongsheng Gaoke Profits Fall

December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on revenue that was 20% lower than th ...

The COVID-19 pandemic caused global consumption of finished lubricants to fall 10.9% in 2020 to 36.4 million metric tons, according to a new study rel ...