Earnings

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Lower Expenses Boost Lub-rref Profit

Lube Report Asia - June 18, 2021

Bangladesh lubricant producer Lub-rref posted a 7% improvement in operating profit for the quarter ended March 31, thank ...

Profits Climb for Tide Water, GP

Profits Climb for Tide Water, GP

Lube Report Asia - June 11, 2021

India’s Tide Water Oil Co. and GP Petroleums Ltd. reported substantially higher net profit for the quarter ending Marc ...

Profits Up for Gulf, Apar

Profits Up for Gulf, Apar

Lube Report Asia - June 4, 2021

Gulf Oil Lubricants India Ltd. and Indian transformer oil supplier Apar Industries Ltd. both reported large increases in ...

Vertex Earnings Jump

Vertex Earnings Jump

Lube Report Americas - June 2, 2021

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

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Profits Up for KH Neo, Down for Yushiro

Lube Report Asia - May 28, 2021

In Japan, KH Neochem Co. reported higher first-quarter operating profit and sales for its performance materials segment, ...

Profits up for Sri Lankan Lube Suppliers

Profits up for Sri Lankan Lube Suppliers

Lube Report Asia - May 21, 2021

Chevron Lubricants Lanka Plc. reported large increases in profit and sales for the quarter ending March 31, compared to ...

Cosan’s Lube Segment Posts Record Quarter

Cosan’s Lube Segment Posts Record Quarter

Lube Report Americas - May 19, 2021

Moove, Cosan’s lubricants arm, reported increases in profit, revenue and sales volume for the first quarter of 2021, b ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

Lube Report Asia - May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

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Calumet Reports Steeply Greater Loss

Lube Report Americas - May 12, 2021

Calumet Specialty Products Partners L.P. reported a steep deterioration in earnings for the quarter ended March 31, citi ...

Earnings Rise for Hi-Tech, MJL

Earnings Rise for Hi-Tech, MJL

Lube Report Asia - May 7, 2021

For the quarter ending March 31, MJL Bangladesh Ltd. and Pakistan’s Hi-Tech Lubricants both reported higher profit and ...

Earnings Rise for Valvoline, HCC

Earnings Rise for Valvoline, HCC

Lube Report Americas - May 5, 2021

Valvoline posted higher sales and operating income for its fiscal quarter ending March 31, and Heritage-Crystal Clean’ ...

Profits Climb for BP, Fuchs

Profits Climb for BP, Fuchs

Lube Report EMEA - May 4, 2021

The first quarter of 2021 was bullish for two of the world’s largest lubricant suppliers, BP’s Castrol unit and Fuch ...

The Proof Is in the Earnings

The Proof Is in the Earnings

Lubes'n'Greases - May 3, 2021

The pandemic affected different companies in the lubricants industry differently. Which ones emerged triumphant, and&nb ...

Profits Climb at S-Oil, Castrol India

Profits Climb at S-Oil, Castrol India

Lube Report Asia - April 30, 2021

Castrol India and South Korean refiner S-Oil both reported large increases in profits and revenue for the quarter ending ...

Profits Down, Sales Up for Afton

Profits Down, Sales Up for Afton

Lube Report Americas - April 28, 2021

Rounding out a year since COVID-19 struck its home market, Afton Chemical continued to run behind pre-pandemic performan ...

Moresco Earnings Dropped During Pandemic

Moresco Earnings Dropped During Pandemic

Lube Report Asia - April 23, 2021

Japanese specialty lubricant manufacturer Moresco Corp. reported lower sales of specialty lubricants and synthetic oils ...

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Liqui Moly Posts Solid First Quarter

Lube Report EMEA - April 20, 2021

German lubricant and aftermarket additive maker Liqui Moly said its profits and sales for the first quarter were the sam ...