Business

The world’s largest crude oil supplier and one of the largest owners of base oil assets is getting back into the finished lubricants business. Saudi ...

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, although year-to-date profits ...

A company attempting to acquire most of Kangtai Lubricant Additive Co. has scaled back the size of an additive factory now under construction in order ...

Industrial lubrication company Condat reached platinum level on the Ecovadis corporate social responsibility platform, putting the French lubricant co ...

Lubricant bench tests are small-scale tests examining a specific aspect of a lubricant’s performance. Faster and cheaper than full-scale tests, they ...

The Road to Standardization

December 1, 2021

Quantifying Tackiness and Adhesion in Greases Standardization of test methods in the lubricants industry is neither a quick nor an easy process.&nb ...

Best Practices

December 1, 2021

Meet Your Plan Early in my career as a business unit leader, there was a year with an unusual spike in input prices. This upended my annual financi ...

Vitol Announces Buyout of Vivo

November 30, 2021

Africa fuels and lubricants supplier Vivo Energy agreed last week to a $2.3 billion buyout by Netherlands-based energy trader and marketer Vitol Group ...

In Japan, KH Neochem Co. and metalworking fluid and industrial oil producer Yushiro Chemical Industry Co. both reported large increases in profits for ...

Korla Nears Purchase of Tongyi

November 26, 2021

Xinjiang Korla Fragrant Pear Co.’s board of supervisors voted unanimously Nov. 24 to approve the company’s acquisition of Tongyi Petroleum Chemica ...

Transformer oil recycler Hydrodec and its Ohio rerefinery were acquired by United Kingdom-based Slicker Recycling Ltd., which highlighted in its Nov. ...

Vertex Energy Inc. reported higher gross profit and increased revenues for the quarter ended Sept. 30 for its used motor oil collection and processing ...

Tide Water Oil Co. and base oils and lubricants trader Maximus International both reported drops in profits for the quarter ended Sept. 30, while prof ...

Moove Posts Higher Profits

November 17, 2021

Cosan’s Moove reported increases in profit and revenue and a decrease in sales volume for the quarter ending Sept. 30, compared to last year’s res ...

Profit, Revenue Jump at Ardova

November 16, 2021

The lubricants and greases segment of Nigerian blender and distributor Ardova Plc posted an increase in net profit and a more than 60% jump in sales r ...

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported much higher operating profit ...

Troy to Merge with Arxada

November 10, 2021

Metalworking fluid biocides producer Troy and Arxada, a lubricants and biocides manufacturer, will merge their businesses, expanding the manufacturing ...

Calumet Specialty Products Partners L.P. reported much improved earnings for the quarter ending Sept. 30, showing signs of emerging from COVID-19 pand ...

Lubricants and biocides manufacturer Arxada and Troy, a producer of metalworking fluid biocides, will merge their businesses, expanding the manufactur ...

London-based BP reported an underlying replacement cost profit of $231 million for its Castrol lubricants business before interest and taxes for the t ...