Business

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

Schaeffer Acquires Hicks Oils

February 14, 2024

St. Louis-based lubricants blender Schaeffer Manufacturing Co. acquired the lubricants business of Hicks Oils & Hicksgas Inc., in southern Illinoi ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight improvement for the full year 202 ...

Profits Down at SK, S-Oil

February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubricants businesses, while Hyundai ...

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year of 2023 but achieved a health ...

Address the 2024 Trends

February 1, 2024

Sara Lefcourt outlines major trends affecting business in 2024 and suggests ways your company can prepare for them.

Japan's Moresco reported an 8% rise in specialty lubricant sales and a 31% decline in synthetic lubricant sales for the nine months ending Nov. 30. Fa ...

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food gre ...

Researchers with a technical foundation and a university in Norway said their efforts to develop new knowledge on the interaction between lubricants, ...

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales for the quarter ending Dec. 31 ...

Aerospace and defense manufacturer Crane Co. acquired lubrication pump and system components producer Vian Enterprises for $103 million, the company a ...

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 last year. A decrease in autom ...

The CEO Needs to Know

January 2, 2024

Jack Goodhue explains why CEOs need to be clued in on things that might initially seem below their pay grade.

PSP Reports Higher Profits

December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% decrease in sales revenue for the ...

United Kingdom-based Millers Oil Ltd., manufacturer and independent blender of oils and lubricants, reported a 21% decline in net profit despite a 9% ...

Chinese lubricant marketer Lopal Tech Co. reported that increases in the average selling prices by its lubricants segment allowed the unit to overcome ...

Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified downstream fuels, lubricants ...