Earnings

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Hi-Tech Ends 2020 on High Note

Lube Report Asia - April 2, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter t ...

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Profits Drop at AP, United Global

Lube Report Asia - March 26, 2021

Two Singapore-based lubricant producers – AP Oil International and United Global Ltd. – reported recently that their ...

Yip’s Lube Profits Rose Despite COVID

Yip’s Lube Profits Rose Despite COVID

Lube Report Asia - March 19, 2021

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business reported higher operating profit and sales for th ...

Vertex Earnings Dipped in 2020, Q4

Vertex Earnings Dipped in 2020, Q4

Lube Report Americas - March 17, 2021

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a drop i ...

Calumet Loss Increased in 2020

Calumet Loss Increased in 2020

Lube Report Americas - March 10, 2021

Calumet Specialty Products Partners L.P. reported a fourth quarter net loss of $82.6 million, worse than a $38.6 million ...

Fuchs Counts 2020 an Achievement

Fuchs Counts 2020 an Achievement

Lube Report EMEA - March 9, 2021

Fuchs Petrolub SE, the world’s largest independent lubricant supplier, reported today that its profits fell 3% in 2020 ...

Profits Up for Chevron Lanka, Down for KH

Profits Up for Chevron Lanka, Down for KH

Lube Report Asia - March 5, 2021

Chevron Lubricants Lanka Plc reported higher profits, and Japan’s KH Neochem Co. posted declines in operating profit ...

Profits Jump for Quaker Chemical

Profits Jump for Quaker Chemical

Lube Report Americas - March 3, 2021

Quaker Chemical’s net income more than tripled during the fourth quarter despite a small decrease in sales revenue, wh ...

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2020 Results Mixed for Liqui Moly

Lube Report EMEA - March 2, 2021

German lubricant and aftermarket additive manufacturer Liqui Moly reported that net sales increased during 2020 but that ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

Lube Report Asia - February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

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Earnings Drop at HollyFrontier, Safety-Kleen

Lube Report Americas - February 24, 2021

For the fourth quarter and full year 2020, HollyFrontier Corp.’s lubricants and specialty products segment posted weak ...

Profits Up for South Asian Firms

Profits Up for South Asian Firms

Lube Report Asia - February 19, 2021

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Pe ...

Cosan’s Lubes Finish 2020 Strong

Cosan’s Lubes Finish 2020 Strong

Lube Report Americas - February 17, 2021

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, ...

Profits Rise for Indian Companies

Profits Rise for Indian Companies

Lube Report Asia - February 12, 2021

Gulf Oil Lubricants India Ltd., Apar Industries’ transformer oil and specialty oil segment, Balmer Lawrie’s grease s ...

Q4 Profits Better for Afton, Valvoline

Q4 Profits Better for Afton, Valvoline

Lube Report Americas - February 10, 2021

Afton Chemical recorded higher operating profit in the fourth quarter, but weaker full-year results, while Valvoline pos ...

Profits Fall for Castrol India

Profits Fall for Castrol India

Lube Report Asia - February 5, 2021

Castrol India reported a 30% decline in profits for 2020, although the company said it rebounded during the second half ...

BP Lubes Fell 35% in 2020

BP Lubes Fell 35% in 2020

Lube Report EMEA - February 2, 2021

BP reported yesterday that the underlying replacement cost profit before interest and tax for its lubricants business de ...