Business

Profits Slip at Martin Midstream

Profits Slip at Martin Midstream

Lube Report Americas - April 17, 2024

Martin Midstream Partners reported a slight decrease in first quarter operating income on lower sales for its specialty ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

Lube Report Asia - April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

Earnings Fall at WD-40

Earnings Fall at WD-40

Lube Report Americas - April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second ...

Richful Lube Additives Sales Decline

Richful Lube Additives Sales Decline

Lube Report Asia - April 5, 2024

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overal ...

Additive

Brazil Base Oil Imports Up in February

Lube Report Americas - April 3, 2024

Brazil’s base oil imports and exports both rose by double-digit percentages in February, according to data released la ...

Higher Sales Power Moove Earnings

Higher Sales Power Moove Earnings

Lube Report Americas - April 3, 2024

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...

Modrica Loss Worsened in 2023

Modrica Loss Worsened in 2023

Lube Report EMEA - April 2, 2024

Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 ...

Fortune Favors the Diversified: Alt-Asia’s Rise

Fortune Favors the Diversified: Alt-Asia’s Rise

Lubes'n'Greases - April 1, 2024

Asian countries outside of China are becoming increasingly appealing to lubricant companies looking to diversify their s ...

Yip’s Lube Profits Rebounded in 2023

Yip’s Lube Profits Rebounded in 2023

Lube Report Asia - March 29, 2024

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – aft ...

Profits Soar for Terpel

Profits Soar for Terpel

Lube Report Americas - March 27, 2024

Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 a ...

Michang Posted Higher Profit in 2023

Michang Posted Higher Profit in 2023

Lube Report Asia - March 22, 2024

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease ...

Martin Midstream Posts Big Income Jump

Martin Midstream Posts Big Income Jump

Lube Report Americas - March 20, 2024

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty product ...

Kodiak Acquires Aztech Lubricants

Kodiak Acquires Aztech Lubricants

Lube Report Americas - March 20, 2024

Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lu ...

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

Lube Report Asia - March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

Lubrizol Earnings About Flat in 2023

Lubrizol Earnings About Flat in 2023

Lube Report Americas - March 13, 2024

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they ...

Fuchs Profits, Sales Rose in 2023

Fuchs Profits, Sales Rose in 2023

Lube Report EMEA - March 12, 2024

Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw ...

PSP Profits, Sales Decline in 2023

PSP Profits, Sales Decline in 2023

Lube Report Asia - March 8, 2024

P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant ...