Business

Italmatch Chemicals Group acquired Israel Chemicals’ RecoPhos Project Technology, boosting the group’s development of a process for production of ...

Advanced Lubrication Specialties acquired the assets of Newark, New Jersey-based blender American Oil & Supply International LLC in a deal describ ...

WD-40 Income, Sales Up

January 13, 2021

WD-40 Co. reported net income of $23.6 million for the quarter ending Nov. 30, up 94% from $12.2 million in the same period in 2019. The company cited ...

SK Capital Partners L.P. made a controlling investment in Baltimore, Maryland-based lubricants and specialty chemicals distributor Tilley Chemical Co. ...

Fuchs Group issued a preliminary report yesterday showing a 7% decline in sales revenue for 2020 and a bit smaller decline in earnings before interest ...

Japan’s Idemitsu Kosan Co. will consolidate its lubricant and grease business by buying up stock of Toa Oil Co. to make the small refiner a wholly-o ...

Partly because of the coronavirus pandemic, businesses are undergoing more change than ever these days, which of course is a challenge in and of itsel ...

German lubricant and aftermarket additive manufacturer Liqui Moly reported 26% higher sales in November and 38% higher sales in December, compared to ...

Vietnam is returning to pre-pandemic levels of lubricant consumption, an industry insider said, boosted by strong growth in automotive production and ...

Lubricants and other nonfood compounds play an important role in the safe operation of food processing and production plants—but how are they actual ...

Need to Know

January 1, 2021

Looking Back and Moving Forward, 2021 Edition  Like many years prior, 2020 started off with price increases. Most lubricant blenders announced ...

Your Business

January 1, 2021

Compartmentalizing at Work  Thank heaven 2021 is finally here. Last year was an especially tough one.  We’ve made it to this point, ...

Martin Midstream Partners LP sold assets used in connection with its Mega Lubricants shore- based terminals and marine lubricants blending business to ...

2020: Busy Beyond Pandemic

December 25, 2020

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of other significant happenings, f ...

Lube Consumption Up in Japan

December 18, 2020

Japan consumed 133,229 kiloliters of finished lubricants in October, up 17% from October 2019, according to data released last week by a government ag ...

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving from an operating loss in 201 ...

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean Tankers (Pte), the shipping ar ...

South Korea exported more base oil in October than in the same month in 2019, according to Korea Customs Service data. However, the value was down yea ...

In Japan, KH Neochem Co. reported steep declines in third-quarter operating income and net sales for its performance materials segment, while metalwor ...

S&P Global, IHS Markit Merge

December 2, 2020

S&P Global and IHS Markit have agreed to merge in a deal that will unite two of the world’s biggest financial data services companies, one of wh ...