Earnings

Pandemic Depresses Fuchs’ Profits, Sales

Pandemic Depresses Fuchs’ Profits, Sales

Lube Report EMEA - August 4, 2020

Independent lubricants blender Fuchs Petrolub SE posted steep declines in profit and sales for the second quarter, compa ...

SK’s Q2 Profits, Sales Fall

SK’s Q2 Profits, Sales Fall

Lube Report Asia - July 31, 2020

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings repo ...

Revenues Drop for HCC

Revenues Drop for HCC

Lube Report Americas - July 29, 2020

Heritage-Crystal Clean’s oil business segment – which includes oil collection activities, rerefining activities and ...

Additive

S-Oil Earnings Jumped

Lube Report Asia - July 24, 2020

South Korean refiner S-Oil reported that its base oil business posted a strong increase in operating income and a drop i ...

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

Additive

WD-40 Profits Down

Lube Report Americas - July 10, 2020

WD-40 reported net income of $14.5 million for the quarter ending May 31, down 20% from a year earlier, with net sales f ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

Additive

Mixed Results for Indian Companies

Lube Report Asia - July 1, 2020

Apar Industries reported a steep drop in net profit for the quarter ending March 31, while Maximus International and Con ...

Profits Down for Indian Lube Suppliers

Profits Down for Indian Lube Suppliers

Lube Report Asia - June 24, 2020

Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported declines in profit for ...

Additive

Pandemic Cuts Profits for Gulf, Castrol India

Lube Report Asia - June 17, 2020

Castrol India and Gulf Oil Lubricants India Ltd. both reported steep drops in profits for the quarter ending March 31, c ...

Additive

Slow Recovery Forecast for U.S.

Lube Report Americas - June 8, 2020

The lubricants market faces a “very gradual” recovery, regardless of the ultimate size of the dip in the economy or ...

Profits Dip at Lanka IOC, Petronas

Profits Dip at Lanka IOC, Petronas

Lube Report Asia - June 4, 2020

Lubricant supplier Lanka IOC reported a net loss while the lubricants business segment of Malaysian state-owned oil firm ...

Cosan’s Lube Income and Sales Decline

Cosan’s Lube Income and Sales Decline

Lube Report Americas - June 1, 2020

Moove – Cosan’s lubricants production and distribution arm – reported lower net income, revenue and sales volumes ...

Additive

Profits Up for Thai Oil Base Oils

Lube Report Asia - May 27, 2020

Stated-owned Thai Oil Group’s base oil business reported a major increase in net profit on lower sales revenue in the ...

Strong Q1 for Parkland’s Lube Sales

Strong Q1 for Parkland’s Lube Sales

Lube Report Americas - May 22, 2020

Canada-based distributor Parkland Fuel Corp. posted a 26 percent increase in consolidated revenue for its lubricant segm ...

Profit Down for Chevron Lubricants Lanka

Profit Down for Chevron Lubricants Lanka

Lube Report Asia - May 21, 2020

Chevron Lubricants Lanka Plc reported sharp declines in profit and sales for the quarter ending March 31, compared to th ...

Profits Up for GS Caltex, Down for KH Neochem

Profits Up for GS Caltex, Down for KH Neochem

Lube Report Asia - May 15, 2020

GS Caltex reported increased operating profit for its base oil and lubricant business, and KH Neochem Co. poster lower o ...