Earnings

Heritage Crystal Cleans oil business segment – which includes used oil collection activities, sales of recycled fuel oil and re-refining activit ...

Base oil supply and demand in Asia is still deemed balanced to tight, with limited availability in certain segments triggering divergent price trends. ...

WD-40 Profit, Sales Up

July 12, 2017

WD-40 reported net income of $14.4 million for the quarter ending May 31, up 14 percent from a year earlier, with net sales up 2 percent at $98.2 mill ...

Hindustan Petroleum Corp. Ltd.s lube sales jumped approximately 9 percent in the fiscal year, thanks to its focus on the bazaar segment and strong bra ...

Several lubricant, grease and specialty oil suppliers in India doubled and even quadrupled income in their fourth quarters compared to the year before ...

Castrol India Ltd. reported a 4 percent rise in first-quarter net profit thanks to better sales in its personal mobility and industrial businesses. Ap ...

Indias GP Petroleums Ltd. reported a 4.7 percent increase in net profit in its fourth quarter. The United Arab Emirates-based Gulf Petrochem Group uni ...

Transformer oil rerefiner Hydrodec posted a $7.8 million loss for 2016 – including losses associated with its United Kingdom recycling operation ...

Cosans lubricant production and distribution arm – renamed Moove last year – posted a decrease in net revenue, but an increase in sales vo ...

Profits Up at Gulf Oil

May 16, 2017

Gulf Oil Lubricants India Ltd. reported a nearly 7 percent increase in its fourth quarter net profit, thanks to sales growth across all key segments. ...

Q1 Earnings Wrap-up

May 10, 2017

Calumet Specialty Products Partners L.P. posted a much smaller first quarter net loss than it did in 2016, and its executives discussed the companys r ...

Malaysian lubricant supplier UMW reported that its profit before taxes dipped slightly in 2016, while Indonesias PT Federal Karyatama boosted its lubr ...

Q1 Earnings Wrap-Up

May 3, 2017

Afton Chemicals operating profit slipped, and Quaker Chemical reported a 45 percent decrease in net income, while BP posted a marginal increase in und ...

Qingdao Copton Technology Co. made revenue of 730.7 million (U.S. $106 million) from lubricants in 2016, according to the companys annual report, in w ...

S-Oil and SK Lubricants saw operating income decrease despite increased sales revenue in this years first quarter compared to the same period of 2016, ...

Q1 Earnings Wrap-up

April 26, 2017

Valvoline reported increased operating income, while operating profits were down for South Korean base oil refiners SK Lubricants and S-Oil for the qu ...

Mixed Results for WD-40

April 12, 2017

WD-40 reported net income of $12.4 million for the quarter ending Feb. 28, down 10 percent from a year earlier, with net sales up 2 percent at $96.5 m ...

Tianhe Chemicals Groups lubricant additives segment recorded a 24 percent higher gross profit in 2016, according to a filing that also informed the Ho ...

Chevron Lanka recorded a 13 percent higher profit in 2016 - its best year yet - due to growth in the countrys manufacturing and power generation secto ...

Yips Revives Lubes Profit

March 28, 2017

Yips Chemical Holdings Ltd. made a profit of 1.68 million Hong Kong dollars (U.S. $216,000) in 2016 after suffering a HK $26 million loss the year bef ...