Business

Independent lubricants blender Fuchs SE reported a 6% increase in first-quarter net profit and a 6% decline in sales revenue, attributed to price adju ...

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refining complex in Singapore – ...

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North Carolina rerefinery that produ ...

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended March 31, while Quaker Chemical ...

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, while Luberef posted a 46% drop ...

Chemical maker Denka Co. has agreed to by a 50% stake of Mitsubishi Chemical’s Frontier Carbon Corp., forming a joint venture aimed at expanding pro ...

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ending March 31, while joint v ...

Afton Chemical achieved a 14% increase in first-quarter operating profit, primarily due to lower costs that overcame a dip in sales revenue.

Vivo Energy, which distributes lubricants to retail and commercial customers across Africa, reported a 10% increase in earnings for its lubricants seg ...

Fuchs to Acquire Lubcon

April 23, 2024

Fuchs Group announced yesterday an agreement to acquire Germany-based Lubcon Group, primarily with the aim of jointly innovating and advancing high-qu ...

South Korea’s base oil export volume was flat in March, although the reported value of the exported base oil declined 11%, according to data release ...

Martin Midstream Partners reported a slight decrease in first quarter operating income on lower sales for its specialty products business segment, whi ...

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 2023, citing impacts of higher in ...

Earnings Fall at WD-40

April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second fiscal quarter ended Feb. 29, ...

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overall net profit rose on lower sal ...

Brazil’s base oil imports and exports both rose by double-digit percentages in February, according to data released last week by the nation’s Nati ...

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and the fourth quarter. A key fact ...

Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 million marka (U.S. $1.1 milli ...

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