Earnings

Heritage-Crystal Clean’s oil business segment – including oil collection and rerefining activities and sales of recycled fuel oil – recorded inc ...

Japan’s KH Neochem Co.’s performance materials segment, which includes refrigeration lubricant raw materials, and metalworking fluid and industria ...

Calumet Specialty Products Partners L.P. reported a steeper net loss for the quarter ending Dec. 1 and the full year of 2021, despite large increases ...

Ardova Loss Gets Bigger

March 1, 2022

Nigerian blender and distributor Ardova PLC reported an enlarged operating loss and higher sales revenue for its lubricants and greases segment for th ...

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the full year of 2021, with sales ...

Cosan’s Moove posted lower net income and sales volume amid an increase in revenue for the quarter ended Dec. 31 but reported big increases in incom ...

South Korea’s Hyundai Shell Base Oil and the GS Caltex base oil and lubricant business both reported much higher operating profit and sales for the ...

Castrol India Ltd. reported nearly a 30% increase in profits for 2021, although sales for the quarter ended Dec. 31 were flat. Profits for the quarter ...

Afton Chemical posted decreased operating profit for the fourth quarter and full year 2021 along with increased sales, while Valvoline saw an increase ...

BP reported that the underlying replacement cost profit before interest and tax for its Castrol lubricants business climbed 27% in 2021, driven by gro ...

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in profit for the quarter ending Dec. 31 and for full year 2021. S-Oi ...

Net sales for German lubricant and aftermarket additive manufacturer Liqui Moly increased 20% in 2021, boosted by growth in sales in the United States ...

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of specialty lubricants and slightly higher sales of synthetic oils for ...

Mixed Results for WD-40

January 12, 2022

WD-40 Co. reported net income of $18.6 million for the quarter ending Nov. 30, a 21% decrease from $23.6 million in the same period in 2020. The compa ...

Eastern Lubricants Blenders Ltd.’s profit jumped more than ten-fold for its fiscal year ended in mid-2021, thanks to a resumption of its sporadic ba ...

Zhongsheng Gaoke Profits Fall

December 24, 2021

Jiangsu Zhongsheng Gaoke Environmental Co. reported a 30% year-to-year drop in net income for the third quarter, on revenue that was 20% lower than th ...

Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine months of this year, compared to ...

UMW Reports Sales Drop

December 10, 2021

UMW Holdings Bhd. reported slightly lower sales of lubricants and related products for the nine months ending Sept. 30, compared to the same period la ...

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, although year-to-date profits ...

In Japan, KH Neochem Co. and metalworking fluid and industrial oil producer Yushiro Chemical Industry Co. both reported large increases in profits for ...