Earnings

Liqui Moly Posts Higher Net Sales
Lubricant containers on a filling line at a Liqui Moly plant in Germany. © Photo courtesy of Liqui Moly

Liqui Moly Posts Higher Net Sales

Lube Report EMEA - January 25, 2022

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

Additive

Moresco Specialty Lube Sales Rise

Lube Report Asia - January 21, 2022

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and slightly highe ...

Mixed Results for WD-40

Mixed Results for WD-40

Lube Report Americas - 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 ...

Eastern Feasted on Base Oil Trading

Eastern Feasted on Base Oil Trading

Lube Report Asia - January 7, 2022

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

Additive

Zhongsheng Gaoke Profits Fall

Lube Report Asia - December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on reve ...

Copton Up Through Three Quarters

Copton Up Through Three Quarters

Lube Report Asia - December 17, 2021

Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine mo ...

UMW Reports Sales Drop

UMW Reports Sales Drop

Lube Report Asia - December 10, 2021

UMW Holdings Bhd. reported slightly lower sales of lubricants and related products for the nine months ending Sept. 30, ...

Profits Drop for Richful, Lopal

Profits Drop for Richful, Lopal

Lube Report Asia - December 3, 2021

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, ...

Profits Jump at KH Neochem, Yushiro

Profits Jump at KH Neochem, Yushiro

Lube Report Asia - November 26, 2021

In Japan, KH Neochem Co. and metalworking fluid and industrial oil producer Yushiro Chemical Industry Co. both reported ...

Profits Rise for Vertex Recycling Unit

Profits Rise for Vertex Recycling Unit

Lube Report Americas - November 24, 2021

Vertex Energy Inc. reported higher gross profit and increased revenues for the quarter ended Sept. 30 for its used motor ...

Profits Up for MJL, Down for Tide Water

Profits Up for MJL, Down for Tide Water

Lube Report Asia - November 19, 2021

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quar ...

Moove Posts Higher Profits

Moove Posts Higher Profits

Lube Report Americas - November 17, 2021

Cosan’s Moove reported increases in profit and revenue and a decrease in sales volume for the quarter ending Sept. 30, ...

Profit, Revenue Jump at Ardova

Profit, Revenue Jump at Ardova

Lube Report EMEA - November 16, 2021

The lubricants and greases segment of Nigerian blender and distributor Ardova Plc posted an increase in net profit and a ...

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Calumet Posts Earnings Turnaround

Calumet Posts Earnings Turnaround

Lube Report Americas - November 10, 2021

Calumet Specialty Products Partners L.P. reported much improved earnings for the quarter ending Sept. 30, showing signs ...

Additive

Castrol Slipped in Third Quarter

Lube Report EMEA - November 9, 2021

London-based BP reported an underlying replacement cost profit of $231 million for its Castrol lubricants business befor ...

Costs Nick Castrol India, Gulf Oil

Costs Nick Castrol India, Gulf Oil

Lube Report Asia - November 5, 2021

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter endin ...