Earnings

Yip’s Slid into the Red in 2022

Yip’s Slid into the Red in 2022

March 31, 2023

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business had an operating loss in 2022 on 10% lower sales ...

Vibra Profits Jumped in 2022

Vibra Profits Jumped in 2022

March 29, 2023

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while four ...

AP Oil Reports Decreased Profits

AP Oil Reports Decreased Profits

March 24, 2023

Singaporean independent lubricant blender AP Oil International Ltd. reported declines of 60% in net profit for full-year ...

Vertex Reports Higher Profit for Former Unit

Vertex Reports Higher Profit for Former Unit

March 22, 2023

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycli ...

Profits Down at KH Neochem, Yushiro

Profits Down at KH Neochem, Yushiro

March 17, 2023

Yushiro Chemical posted lower operating income for the quarter ending Dec. 31, and KH Neochem’s performance materials ...

Calumet Reduced Loss in 2022

Calumet Reduced Loss in 2022

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

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

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

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

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

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

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

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

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

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

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

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

February 1, 2023

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