Earnings

A volatile business environment – including impacts from weather, reduced demand from agribusiness and depreciation of the Indian rupee – hampered ...

Clean Harbors’ Safety-Kleen segment continued its run of rising revenues with another strong quarter for the quarter ending Sept. 30, while Vertex E ...

Price hikes were insufficient to make up for sharp increases in raw material prices and distribution costs in the quarter ending Sept. 30, Japan’s Y ...

Profits Up for Valvoline

November 16, 2022

Valvoline’s new business model – following the August announcement of the sale of its lubes unit to Saudi Aramco – kept positive momentum in sal ...

Among South Korean base oil refiners, SK Lubricants reported a slight increase in operating profit for the third quarter, noting that lower costs and ...

HF Sinclair’s lubricants and specialty product segment reported a $5 million loss from operations in the third quarter and Quaker Chemical’s net i ...

Castrol India Ltd. reported slightly higher profits and sales for the quarter ending Sept. 30, saying it managed pricing and costs to protect margins ...

Independent lubricants blender Fuchs Petrolub SE reported a 13% increase in net profit and higher sales in the third quarter. The company’s sales we ...

Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base Oil in the third quarter, whil ...

Profits, Sales Up for Afton

October 26, 2022

Afton Chemical reported 15% higher operating profit and a 12% bump in sales for the quarter ending Sept. 30 as increases in its own selling prices ove ...

HCC Records Revenue Increase

October 19, 2022

Rerefiner Heritage-Crystal Clean Inc.’s oil business segment reported a 29% increase in revenues for its third quarter ending Sept. 7, and WD-40 rep ...

Moresco Corp. reported an 11% increase in sales revenue for its specialty lubricants segment and a 4% decline in sales for its synthetic lubricants se ...

Pakistan-based blender Hi-Tech Lubricants Ltd.’s consolidated net profit for the quarter ended June 30 was down by more than 900%, while sales were ...

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating loss and an 8% decline in sales for the first half of ...

PV Oil Lube JSC’s profit after tax jumped by more than 70% for the first six months of this year, likely benefiting from acceleration in Vietnam’s ...

Singaporean independent lubricants blender AP Oil reported that its net profit dropped 39% to Singaporean $1 million (U.S. $714,000) for the six month ...

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period last year. Sales were pressure ...

Vertex Energy Inc. reported a 178% increase in gross profit and increased sales for its used motor oil collection and processing business, and Perimet ...

Ardova Posts Bigger Loss

August 23, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in sales revenue for the quarter ...

Moove, the lubricants arm of Brazil-based Cosan, posted higher profits, revenue and sales volume for the three months ending June 30. The São Paulo-b ...