Earnings

Downturn for Safety-Kleen, HF Sinclair

Downturn for Safety-Kleen, HF Sinclair

Lube Report Americas - February 21, 2024

Clean Harbor’s Safety-Kleen Sustainability Solutions segment suffered declines in third-party revenues for the full ye ...

MRS Posts Big Earnings Jump

MRS Posts Big Earnings Jump

Lube Report EMEA - February 20, 2024

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

Lube Report Americas - February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Castrol Profits Surged in 4th Quarter

Castrol Profits Surged in 4th Quarter

Lube Report EMEA - February 13, 2024

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight imp ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

Lube Report Asia - February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Afton Profit Down for Quarter, Up for 2023

Afton Profit Down for Quarter, Up for 2023

Lube Report Americas - February 7, 2024

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year ...

Car Production Boosts Moresco’s Specialty Lubes

Car Production Boosts Moresco’s Specialty Lubes

Lube Report Asia - January 26, 2024

Japan's Moresco reported an 8% rise in specialty lubricant sales and a 31% decline in synthetic lubricant sales for the ...

Eastern Lubricants Suffers Big Drop in Profits

Eastern Lubricants Suffers Big Drop in Profits

Lube Report Asia - January 12, 2024

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales ...

Industrial Lube Sales Boost Copton

Industrial Lube Sales Boost Copton

Lube Report Asia - January 5, 2024

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 ...

PSP Reports Higher Profits

PSP Reports Higher Profits

Lube Report Asia - December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...

Millers Oil Profit Dropped in Fiscal 2022

Millers Oil Profit Dropped in Fiscal 2022

Lube Report EMEA - December 27, 2023

United Kingdom-based Millers Oil Ltd., manufacturer and independent blender of oils and lubricants, reported a 21% decli ...

Lopal Posts Higher Sales Revenue

Lopal Posts Higher Sales Revenue

Lube Report Asia - December 22, 2023

Chinese lubricant marketer Lopal Tech Co. reported that increases in the average selling prices by its lubricants segmen ...

Profits Down for GS Caltex, Up for Michang

Profits Down for GS Caltex, Up for Michang

Lube Report Asia - December 15, 2023

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils busines ...

Additive

Terpel Reports Higher Profits

Lube Report Americas - December 13, 2023

Colombian oil and gas company Terpel reported increases in gross profit for its lubricants segment in Colombia and Peru ...

Hi-Tech Lubricants’ Profits, Sales Rebound

Hi-Tech Lubricants’ Profits, Sales Rebound

Lube Report Asia - December 8, 2023

Blender Hi-Tech Lubricants reported strong rebounds in net profit and operating profit for its lubricants segment in the ...

Profits Up at Castrol India, Gulf, GP

Profits Up at Castrol India, Gulf, GP

Lube Report Asia - December 1, 2023

Crude oil price volatility, inflation and global uncertainties were among the factors cited by India lubricant companies ...