Earnings

Calumet Reduced Loss in 2022

Calumet Reduced Loss in 2022

Lube Report Americas - March 15, 2023

Calumet Specialty Products Partners L.P. trimmed its losses while increasing sales revenue for the quarter ending Dec. 3 ...

Fuchs Overcame Costs to Increase Profit in 2022

Fuchs Overcame Costs to Increase Profit in 2022

Lube Report EMEA - March 14, 2023

Independent lubricants blender Fuchs Petrolub SE reported a 2% increase in profits after tax in 2022 and a 19% bump in ...

Results Mixed in Sri Lanka, Pakistan, Vietnam

Results Mixed in Sri Lanka, Pakistan, Vietnam

Lube Report Asia - March 10, 2023

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom ...

Sales Up for Clean Harbors, HCC

Sales Up for Clean Harbors, HCC

Lube Report Americas - March 8, 2023

Clean Harbors’ Safety-Kleen Sustainability Solutions segment and rerefiner Heritage-Crystal Clean’s oil business seg ...

Indian Companies Weather Volatility

Indian Companies Weather Volatility

Lube Report Asia - March 3, 2023

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made mar ...

Earnings Mixed at Moove, Sinclair, down at Quaker

Earnings Mixed at Moove, Sinclair, down at Quaker

Lube Report Americas - March 1, 2023

Cosan’s Moove and HF Sinclair’s lubricants and specialties segment both reported higher profits for 2022 but lower p ...

Bangladeshi Blenders’ Profits Rise

Bangladeshi Blenders’ Profits Rise

Lube Report Asia - February 24, 2023

Bangladeshi lubricant blenders MJL Bangladesh, Lube-rref and Eastern Lubricants Blenders all reported strong increases i ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

Lube Report Asia - February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Earnings Jump for SK, Plunge for Hyundai Shell

Earnings Jump for SK, Plunge for Hyundai Shell

Lube Report Asia - February 10, 2023

SK Innovation’s base oils and lubricants business posted a large increase in operating profit for the full year but fl ...

Valvoline Reports Lower Income

Valvoline Reports Lower Income

Lube Report Americas - February 8, 2023

Operating income for Valvoline’s Retail Services business took a dip while sales increased for the quarter ended Dec. ...

Castrol Earnings Took Hit in Quarter, 2022

Castrol Earnings Took Hit in Quarter, 2022

Lube Report EMEA - February 7, 2023

BP reported today that profits for its Castrol lubricants business fell 32% in 2022 and dropped 67% in the fourth quarte ...

S-Oil Profits Rose in Fourth Quarter, 2022

S-Oil Profits Rose in Fourth Quarter, 2022

Lube Report Asia - February 3, 2023

The base oil and lubricants business of S-Oil reported a 23% increase in operating profit for the quarter ending Dec. 31 ...

Afton Profits Surge in Q4, 2022

Afton Profits Surge in Q4, 2022

Lube Report Americas - February 1, 2023

Afton Chemical posted operating profit jumps of 188% for the fourth quarter and 35% for the full year, boosted by increa ...

Conoil Profits Take a Dive

Conoil Profits Take a Dive

Lube Report EMEA - January 31, 2023

Nigerian lubricants blender and marketer Conoil reported 63% less gross profit for the fourth quarter of 2022 and a 57% ...

Liqui Moly Sales Up for 2022

Liqui Moly Sales Up for 2022

Lube Report EMEA - January 24, 2023

German lubricants and aftermarket additive manufacturer Liqui Moly reported that its sales revenue rose 10% in 2022 to ...

Moresco Reports Increased Sales

Moresco Reports Increased Sales

Lube Report Asia - January 13, 2023

Japanese specialty lubricant manufacturer Moresco reported a 14% increase in sales revenue for its specialty lubricants ...

WD-40 Posts Lower Income

WD-40 Posts Lower Income

Lube Report Americas - January 11, 2023

WD-40 Co. posted net income of $14 million for the quarter ending Nov. 30, a 25% drop from $18.5 million in the same per ...

Profits Down for Korean Blender Michang

Profits Down for Korean Blender Michang

Lube Report Asia - January 6, 2023

South Korean lubricants blender Michang Oil Ind. Co. Ltd. reported a 45% drop in net profit and a 4% increase in sales f ...