Earnings

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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 ...

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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 ...

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Q4 Kind to Clean Harbors, HCC, Quaker

Lube Report Americas - March 4, 2020

Quaker Chemical reported an increase in fourth quarter net income, but a decline for 2019. Its net sales were higher for ...

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Hi-Tech Posts Quarterly Profit

Lube Report Asia - February 28, 2020

Hi-Tech Lubricants Ltd. rebounded with a profit in its second quarter, as higher other income, as well as lower expenses ...

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Lubes Income Drops for HollyFrontier

Lube Report Americas - February 26, 2020

HollyFrontier Corp.'s lubricants and specialty products segment posted weaker income from operations for the fourth quar ...

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Fuchs Profits Slid in 2019

Lube Report EMEA - February 25, 2020

Independent lubricant blender Fuchs Petrolub SE reported 228 million (U.S. $313 million) in earnings after tax for 2019, ...

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Net Profits Up for Tide Water Oil

Lube Report Asia - February 21, 2020

Kolkata-based Tide Water Oil Co. (India) Ltd. reported a net profit of Rs 30.8 crore (Rs 308 million or U.S. $4.3 millio ...

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Revenue Up, Income Down for Cosan

Lube Report Americas - February 19, 2020

Moove - Cosans lubricants production and distribution arm - reported higher revenue and sales volumes for the fourth qua ...

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Tough 2019 for Rerefiner Hydrodec

Lube Report EMEA - February 18, 2020

United Kingdom-based transformer oil rerefiner Hydrodec Group posted a full-year loss for 2019 and said its revenues dec ...

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Mixed Results for Companies in India

Lube Report Asia - February 14, 2020

Gulf Oil Lubricants India Ltd. and Maximus International Ltd. each reported increased profits, while GP Petroleums and C ...

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Results Mixed for BP, Up for Liqui Moly

Lube Report EMEA - February 11, 2020

BPs lubricants business reported higher profits for the fourth quarter and lower profits for the full year, attributing ...

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Tough 2019 for Korean, Most Indian Companies

Lube Report Asia - February 7, 2020

South Koreas major base oil refiners - SK Lubricants, S-Oil, GS Caltex, and Hyundai Shell Base Oil - each reported steep ...

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Afton Posts Strong 2019, Valvoline Sales Up

Lube Report Americas - February 5, 2020

NewMarkets Afton Chemical reported lower operating profit in the fourth quarter but stronger full-year results, while Va ...

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Pakistans NRL Posts Lower Lube Segment Profit

Lube Report Asia - January 31, 2020

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I bas ...

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Apar Posts Decline in Net Profits, Income

Lube Report Asia - January 24, 2020

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 mil ...

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WD-40 Income, Sales Down

Lube Report Americas - 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 th ...

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Acquisitions Boost Parkland’s Lubes Sales

Lube Report Americas - November 27, 2019

Canada-based distributor Parkland Fuel Corp. reported 95 million Canadian dollars (U.S. $71.4 million) in revenue for it ...

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Calumet Fined for Inaccurate Earnings Report

Lube Report Americas - November 27, 2019

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