Business

Lanka IOC reported a hefty jump in operating profit for its fiscal year ending March 31, boosted by commissioning Sri Lanka’s first local grease pla ...

Mr. Lube, a leading quick lube service business with locations across Canada, increased first quarter revenue by 20% and same-store sales by 18%, pare ...

A rebound in base oil sales helped Eastern Lubricants Blenders achieve massive improvements in profit and revenue for the quarter ended March 31, whil ...

Not So Fast

June 14, 2023

Jack Goodhue explains how unhurried, calm and measured business decisions often lead to better long-term outcomes.

One United Kingdom-based organization is doing its part to ensure that lubricant standards are met or exceeded.

Shell Lubricants explores the fast-paced world of Formula E lubricants and explains how it is using its experience on the track to improve passenger E ...

Greasing BEVs

June 14, 2023

What challenges and opportunities is the imminent transition to EVs offering the grease industry?

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating profits for Hyundai Shell Base Oil ...

LubriSource purchased IFH Group’s global fluid storage and dispensing product line – long used by industries handling oils, lubricants and industr ...

Adverse trends in supply chain and sales, including unstable base oil prices and rupee depreciation, were among market factors cited by Indian compani ...

Nigerian lubricants blender and marketer Conoil reported a 21% decline in gross profit and 51% less sales revenue for the quarter ended March 31, desp ...

No Pets Allowed

May 26, 2023

Sara Lefcourt explains how allowing pet peeves and pet projects to take over can be damaging to businesses.

Yushiro Chemical reported that its net profit more than tripled for the fiscal year ended March 31, boosted by strong performance in Japan and the Ame ...

The lubricant segment of Colombian oil and gas company Terpel attained large increases in gross profit in the first quarter in Colombia and Peru, its ...

Waste oil collector Slicker Recycling Ltd. acquired competitor Oil Monster for an undisclosed sum in mid-May. The purchase further strengthens Slicker ...

In a nod to India’s growing lubricant market, Bharat Petroleum Corp. Ltd. said this week that it will construct a new finished lubricant blending pl ...

Protecting and managing margins was a common theme for several India companies announcing financial results for the quarter and fiscal year ending Mar ...

Chagrin Falls, Ohio-headquartered Etna Products Inc., which develops and produces lubricants for non-ferrous metal drawing and stamping operations, ac ...

Valvoline reported double-digit gains in operating income and sales revenue for the quarter ended March 31, while Moove suffered a massive loss due to ...

Gross profit for Nigerian blender MRS Oil’s lubricants segment skyrocketed more than 20 fold in the fourth quarter, on a slight decrease in sales re ...