Earnings

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 ...

Results Decline at Calumet, Valvoline, Quaker

Results Decline at Calumet, Valvoline, Quaker

Lube Report Americas - May 8, 2020

Calumet Specialty Products Partners L.P. reported a net loss, Valvoline posted a slight decrease in operating income, Ho ...

Q1 Sales Up for Clean Harbors, HCC

Q1 Sales Up for Clean Harbors, HCC

Lube Report Americas - May 5, 2020

Clean Harbors’ Safety-Kleen segment and Heritage-Crystal Clean’s oil business segment both reported higher revenues ...

Mixed Q1 for South Korean Companies

Mixed Q1 for South Korean Companies

Lube Report Asia - May 4, 2020

Among South Korea’s large base oil refiners, S-Oil and Hyundai Shell Base Oil both posted large increases in operating ...

Additive

Q1 Profits Down for BP, Fuchs

Lube Report EMEA - May 4, 2020

BP’s lubricants business posted a steep drop in profit for the first quarter, which it attributed primarily to Covid-1 ...

Earnings up for Hi-Tech, Down for NRL

Earnings up for Hi-Tech, Down for NRL

Lube Report Asia - April 30, 2020

Hi-Tech Lubricants posted higher net profit for the quarter ending March 31, while National Refinery Ltd. reported decre ...

Q1 Profits, Sales Up for Afton

Q1 Profits, Sales Up for Afton

Lube Report Americas - April 27, 2020

Afton Chemical posted increases in both operating profit and sales for the quarter ending March 31, compared to a year e ...

Esso Thailand’s Lube Sales Down

Esso Thailand’s Lube Sales Down

Lube Report Asia - April 23, 2020

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sal ...

WD-40 Earnings Slide

WD-40 Earnings Slide

Lube Report Americas - April 14, 2020

WD-40 posted net income of $14.3 million for the quarter ending Feb. 29, down 10 percent from the year-earlier period, w ...

Additive

Malaysian Palm Industry Wants to Reopen

Lube Report Asia - April 8, 2020

Two industry associations urged the Malaysian state of Sabah this week to allow oil palm plantations and mills to reopen ...

Thai Oil’s Q4 Net Profit Jumps

Thai Oil’s Q4 Net Profit Jumps

Lube Report Asia - April 2, 2020

Stated-owned Thai Oil Group’s base oil business posted a massive jump in net profit for the fourth quarter of 2019, an ...

Additive

Gazpromneft’s Lubes Sales Rose in 2019

Lube Report EMEA - March 29, 2020

Gazpromneft-Lubricants sold 708,000 tons of base oils and lubricants in 2019, up from 703,000 tons sold the year before, ...

Additive

Fuchs Q4 Profits Down

Lube Report EMEA - March 23, 2020

Independent lubricants blender Fuchs Petrolub SE reported €52 million (U.S. $55.5 million) in earnings after tax for t ...

Additive

Parkland’s Lubes Sales Rise

Lube Report Americas - March 13, 2020

Canada-based distributor Parkland Fuel Corp. posted a 122 percent jump in consolidated revenue for its lubricant segment ...

Additive

Profits Up for Singaporean, Indian Lube Companies

Lube Report Asia - March 6, 2020

Singapores lubricant blenders United Global and AP Oil reported strong increases in net profit for 2019, and Sri Lankas ...

Additive

Calumet Posts Q4, 2019 Net Losses

Lube Report Americas - March 4, 2020

Calumet Specialty Products Partners L.P. posted a $38.6 million net loss for the quarter ending Dec. 31, down from an $1 ...