Business

First quarter operating profits for SK Enmove and GS Caltex’s base oils and lubricants division jumped 22% and 77% compared to the same period of la ...

The base oil market was a challenging environment for rerefiners during the first three months of 2023, according to recent stock exchange filings by ...

Superior, Wisconsin-based Amsoil Inc. acquired fellow Wisconsin lube blender Benz Oil, the companies announced on Monday. The move expands Amsoil’s ...

Citing higher costs, BP reported that profits for its Castrol Lubricants business fell 37% in the first quarter, while Luberef posted a 47% jump in ne ...

Copton Tech reported that its net profit plunged 92% and that its operating income fell 20% in the fourth quarter, while full-year net profit fell 63% ...

Afton Chemical posted a 52% climb in operating profit for the quarter ending March 31, primarily due to higher selling prices, and sales increased 6%, ...

Independent lubricants blender Fuchs Petrolub SE reported a 9% increase in net profit and a 16% uptick in sales revenues for the first quarter, compar ...

ABN Resource shares its four-point plan for attracting quality employees and encouraging them to stick around for the long term.

Lubricant distributors have been through several phases of consolidation during the past few decades. Is the industry in the midst of yet another phas ...

Quiet quitting seems to be plaguing the workforce right now. How can managers encourage employees to contribute more than the bare minimum?

Jiangsu Lopal Tech Co. reported a 26% decline in operating income and a 36% drop in sales volumes for its lubricants segment for 2022. According to it ...

The lubricant segment of Colombian oil and gas company Terpel achieved increases in sales volumes and gross profit in 2022 in its two major geographic ...

South Korean lubricants blender Michang Oil reported a 2% decline in net profit and a 1% decrease in sales for the fourth quarter of last year, while ...

Hindustan Petroleum Corp. Ltd. signed an agreement with a unit of United States-based Chevron Corp. to manufacture and sell its lubricant products in ...

China’s Richful Lube Additives reported that its lubricant additives operating income surged 188% in 2022, while its overall net profit spiked more ...

WD-40 Co. posted a 15% drop in net income for its quarter ended Feb. 28, while Argentina’s YPF reported a 7% dip in sales revenue for 2022 for its l ...

MRS Oil Nigeria Plc reported that gross profit for its lubricant segment fell 64% in 2022 due to negative impacts of inflation. The segment earned 367 ...

French biobased chemistry company Groupe Berkem yesterday announced completion of its acquisition of Biopress, a French producer of vegetable oils – ...

How are today’s EALs formulated to deliver reliable performance in a broad range of industrial applications?

Grease manufacturers and end users are closer to having another simple manual device to quickly inspect samples of lubricating greases and forecast at ...