Earnings

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I base oils and waxes - plunged 52 ...

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 million or U.S. $4.5 million) bef ...

WD-40 Income, Sales Down

January 15, 2020

WD-40 Co. reported net income of $12.2 million for the quarter ending Nov. 30, down 8.3 percent from $13.3 million in the same period a year earlier.

The Securities and Exchange Commission on Nov. 25 charged Calumet Specialty Products Partners L.P. with posting an inaccurate and misleading earnings ...

Canada-based distributor Parkland Fuel Corp. reported 95 million Canadian dollars (U.S. $71.4 million) in revenue for its lubricants segment for the t ...

Tide Water Oil Co. and MJL Bangladesh Ltd. each reported significant gains in net profit but declines in revenue for the quarter ending Sept. 30, acco ...

Gulf Oil Lubricants India Ltd., Balmer Lawrie & Co., GP Petroleums Ltd. and Continental Petroleums Ltd. each reported increased profits, while Maximus ...

Calumet Specialty Products Partners, Cosans Moove lubricants segment and Quaker Chemical each reported net losses, while Milacrons Fluid Technologies ...

Pakistans Hi-Tech Lubricants reported a steeper net loss, while Indias Savita Oil and Apar Industries each reported higher net profit for the quarter ...

Clean Harbors Safety-Kleen segment posted an uptick in revenue and waste oil collection, while HollyFrontiers lubricants and specialty products segmen ...

Independent lubricants blender Fuchs Petrolub SE reported a decrease in profits and an increase in sales, while BPs lubricants business posted an incr ...

S-Oil reported increased operating income for its base oil business, while SK Lubricants and Hyundai Shell Base Oil Co. each posted lower profit for t ...

Q3 Profit Up for Afton

October 30, 2019

Afton Chemical, NewMarket Corp.'s petroleum additives segment, reported an operating profit of $94.8 million for the quarter ending Sept. 30, up 24 pe ...

Neste stated last week that it has written off its holding in Nynas, an admission of the difficulties that the joint venture faces under economic sanc ...

Sinopec reported last week that its lubricant sales in Australia were up more than 30 percent through the first nine months of 2019, compared to the s ...

Castrol India Ltd. reported a substantial increase in profit for the quarter ending Sept. 30, while Pakistans Hi-Tech Lubricants Ltd. posted a steep d ...

Results Down for HCC, WD-40

October 23, 2019

Heritage-Crystal Cleans oil business segment reported a small decline in revenues for its third quarter, and WD-40 posted steep declines in net income ...

Copton Technology Co.s third quarter profit more than doubled compared to the same period of 2018, thanks to a large jump in sales revenue and some co ...

Tianhe Reports Rough Waters

September 20, 2019

Tianhe Chemicals recently reported a 57 percent decline in gross profits from its lubricant additives segment for the first half of 2019, citing chall ...

Balmer Lawrie reported a decrease in operating profit, Tide Water Oil posted a decline in standalone net profit and net profit was up for both Maximus ...