Business

German lubricant and aftermarket additive maker Liqui Moly said its profits and sales for the first quarter were the same as in 2020’s first quarter ...

China’s Jiangsu Lopal Tech. Co. and Richful Lube Additive Co. recorded increases in net profit and revenue last year as both seemed to benefit from ...

A new federal law could slap German companies with substantial fines if their suppliers use child labor or pollute the environment. Due diligence into ...

WD-40 Co. posted net income of $17.2 million for the quarter ending Feb. 28, up 20 percent from the same period last year. Net sales also climbed by 1 ...

Meridian Adhesives Group acquired Pacific Adhesive Systems, a Malaysia-based corporation with lubricant and grease operations, Meridian announced last ...

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter that ended Dec. 31, with lower ...

Shell Lubricants jumped on the sustainability bandwagon last month by announcing that a significant chunk of its finished lubricants are now carbon ne ...

The Year of the Ox

April 1, 2021

Asia’s Increasing Influence on the Global Lubes Market After a tumultuous year for lubricant markets around the globe, many uncertainties still l ...

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephen Ames called it, the “year ...

Best Practices

April 1, 2021

Rethink Your Risk Analysis Over the past month or so, there have been several stunning examples of systemic failures in our society, all of which r ...

Repsol said recently that a joint venture strategy has helped its lubricant business grow by 40% over the past five years. The Spain-based company add ...

Two Singapore-based lubricant producers – AP Oil International and United Global Ltd. – reported recently that their earnings declined in 2020. AP ...

Machine tool distributor Concept Machine recently acquired St. Louis, Missouri-based B.C. Macdonald & Co., a cutting and measuring tools company t ...

Canadian Pacific Railway acquired Kansas City Southern, one of the largest transporters of base oil and lubricants from the United States into Mexico, ...

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business reported higher operating profit and sales for the full year 2020, boosted by d ...

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a drop in gross profit and a decline i ...

Fuchs Adds JV In Egypt

March 16, 2021

German independent lubricants blender Fuchs Petrolub SE announced on March 12 a joint venture in Egypt with longtime partner Alhamrani Group of Saudi ...

Calumet Specialty Products Partners L.P. reported a fourth quarter net loss of $82.6 million, worse than a $38.6 million loss for the same period of 2 ...

Fuchs Petrolub SE, the world’s largest independent lubricant supplier, reported today that its profits fell 3% in 2020 – and that management consi ...

Chevron Lubricants Lanka Plc reported higher profits, and Japan’s KH Neochem Co. posted declines in operating profit for the fourth quarter and full ...