Business

Vertex Posts Jump in Earnings

Vertex Posts Jump in Earnings

Lube Report Americas - March 16, 2022

Vertex Energy Inc. reported large increases in gross profit and revenues for the quarter ended Dec. 31 and full year 202 ...

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Lubrizol Names Interim CEO

Lube Report Americas - March 16, 2022

Lubrizol announced last week that it appointed board of directors Chairwoman Mary Rhinehart to the additional posts of p ...

SBTI Moratorium on Fossil Fuels

SBTI Moratorium on Fossil Fuels

Sustainability InSite - March 15, 2022

Commitments and targets from the fossil fuel industry will no longer be accepted by the Science Based Target Initiative.

Profits Up for Chevron Lanka, Hi-Tech

Profits Up for Chevron Lanka, Hi-Tech

Lube Report Asia - March 11, 2022

Chevron Lubricants Lanka Plc reported much higher profits and sales for the fourth quarter and the full year of 2021, an ...

Heritage-Crystal Clean Posts Sales Jump

Heritage-Crystal Clean Posts Sales Jump

Lube Report Americas - March 9, 2022

Heritage-Crystal Clean’s oil business segment – including oil collection and rerefining activities and sales of recy ...

Profits Rise at KH Neochem, Yushiro

Profits Rise at KH Neochem, Yushiro

Lube Report Asia - March 4, 2022

Japan’s KH Neochem Co.’s performance materials segment, which includes refrigeration lubricant raw materials, and me ...

Training a Reliability Workforce to Run Like Well Oiled Machinery

Training a Reliability Workforce to Run Like Well Oiled Machinery

Lubes'n'Greases - March 2, 2022

High-quality employee training can be an effective tool in retaining employees and building a skilled workforce. Tim Sku ...

Calumet Posts Bigger Losses

Calumet Posts Bigger Losses

Lube Report Americas - March 2, 2022

Calumet Specialty Products Partners L.P. reported a steeper net loss for the quarter ending Dec. 1 and the full year of ...

Ardova Loss Gets Bigger

Ardova Loss Gets Bigger

Lube Report EMEA - March 1, 2022

Nigerian blender and distributor Ardova PLC reported an enlarged operating loss and higher sales revenue for its lubrica ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - March 1, 2022

Despite tough market conditions, base oil producers have been working toward a more sustainable future, reports Gabriela ...

Offering Opinions and Making Decisions

Offering Opinions and Making Decisions

Lubes'n'Greases - March 1, 2022

Decisions made in the business world must be made based on more than just opinion, says Jack Goodhue.

Profits Jump for Thai Oil Base Oils

Profits Jump for Thai Oil Base Oils

Lube Report Asia - February 25, 2022

State-owned Thai Oil Group’s base oil business reported increased net profit and sales for the fourth quarter and the ...

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Mitsubishi Aims to Make MMAs from Plants

Lube Report Asia - February 25, 2022

Mitsubishi Chemical Corp. said it has begun designing a pilot factory that will use materials from plants to make what i ...

Moove Posts Decline for Fourth Quarter

Moove Posts Decline for Fourth Quarter

Lube Report Americas - February 23, 2022

Cosan’s Moove posted lower net income and sales volume amid an increase in revenue for the quarter ended Dec. 31 but r ...

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Replacing Mineral Base Oils

Lube Report EMEA - February 22, 2022

The sustainability movement demands that industry begin looking for replacements to mineral base oils, a Swedish academi ...

Profits Surge at Hyundai Shell, GS Caltex

Profits Surge at Hyundai Shell, GS Caltex

Lube Report Asia - February 18, 2022

South Korea’s Hyundai Shell Base Oil and the GS Caltex base oil and lubricant business both reported much higher opera ...

Profits Rise for Castrol India, Dip for Gulf

Profits Rise for Castrol India, Dip for Gulf

Lube Report Asia - February 11, 2022

Castrol India Ltd. reported nearly a 30% increase in profits for 2021, although sales for the quarter ended Dec. 31 were ...

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U.S. to Seize Sime Darby Palm Products

Lube Report Americas - February 9, 2022

The United States Customs and Border Patrol agency has directed the nation’s ports to seize shipments of palm oil and ...