Business

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Spectrum Absorbs American Lubricating

Lube Report - October 8, 2008

Spectrum Corp. has acquired American Lubricating Co., bringing together two Tennessee lubricant blenders who share a foc ...

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Profits Rise at SK, Slip at S-Oil

Lube Report - July 30, 2008

South Korean base oil refiner SK Energy reported an increase in operating profit for its lubricants segment for the quar ...

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Huntsman, Hexion Battle Over Merger

Lube Report - June 25, 2008

What seemed a slam-dunk merger between chemical companies Huntsman and Hexion, an affiliate of Apollo Management L.P., h ...

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Sales Up, Profits Down at SK, S-Oil

Lube Report - April 30, 2008

South Korean base oil refiners S-Oil and SK Energy each reported strong growth in lubricants revenue for the quarter end ...

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Petronas Acquires Italys FL Selenia

Lube Report - September 26, 2007

Malaysias Petronas has signed an agreement to acquire Italian automotive lubricant manufacturer and marketer FL Selenia ...

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Lincoln Expands in India

Lube Report - September 5, 2007

Harbour Group subsidiary Lincoln Industrial has acquired Lincoln Helios (India), which makes automatic lubrication syste ...

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More Money for Moly

Lube Report - September 5, 2007

MPH Ventures Corp. has signed an agreement with Rio Algom Ltd, a wholly-owned subsidiary of BHP Billiton Ltd., and with ...

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Achesons Fate Hinges on Akzo

Lube Report - August 22, 2007

Henkels proposal to acquire part of Imperial Chemical Industries PLCs National Starch subsidiary – including lubri ...

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Mega Deal for Mega Lubricants

Lube Report - June 20, 2007

Martin Operation Partnership L.P. on June 13 completed acquisition of Houston-based Mega Lubricants Inc., a lubricants p ...

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Parkland Buys United Petroleum Products

Lube Report - May 9, 2007

Canada’s Parkland Income Fund has agreed to buy lubricants and fuel marketer United Petroleum Products of Burnaby, ...

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National-Spencer Buys Pump Distributor

Lube Report - February 14, 2007

National-Spencer Inc., a manufacturer and distributor of petroleum and lubrication equipment, recently acquired Californ ...

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Q4: SK Strong, Valvoline Rebounds

Lube Report - January 31, 2007

Financial results for the quarter ending Dec. 31 saw lubricant blender Valvoline on the rebound, and a strong fourth qua ...

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Apollo Acquires GE Advanced Materials

Lube Report - December 6, 2006

Apollo Management L.P. has acquired GEs Advanced Materials business, a chemical company whose ceramics division makes bo ...

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Profits Up for Quaker, Milacron, SK

Lube Report - November 8, 2006

Last week brought positive financial reports from two lubricant suppliers and a major refiner, as both Quaker Chemical a ...

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Quarter Yields Disparate Returns

Lube Report - May 10, 2006

The first three months of 2006 yielded varying results for major players in the lubricant industry, according to financi ...

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Profits Up for Lubrizol, Unchanged at Valvoline

Lube Report - April 27, 2005

Lubrizol Corp. reported Friday that its profit for the first three months of 2005 increased 29 percent from the same per ...

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Lubrizol, Afton See Uptick in 4th Quarter

Lube Report - February 9, 2005

The latest round of earnings reports are beginning to march out, confirming what many already know: Lubricant additive d ...

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PdVSA Undecided on Sale of Citgo Refineries

Lube Report - February 9, 2005

Venezuelas national oil company moved in the past few days to soften statements by President Hugo Chavez last week that ...