Business

German lubricant and aftermarket additive manufacturer Liqui Moly reported that net sales increased during 2020 but that its profit saw a steep declin ...

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for the fourth quarter of 2020, whil ...

Lanxess AG will pay $1 billion to acquire United States-based specialty chemical manufacturer Emerald Kalama Chemical, which makes products such as co ...

For the fourth quarter and full year 2020, HollyFrontier Corp.’s lubricants and specialty products segment posted weaker income and lower revenue fr ...

SK Innovation is reportedly preparing to accept final bids for a 49% stake in SK Lubricants, and news organizations are speculating that the company c ...

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Petroleums Ltd., along with MJL ...

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, finishing 2020 strong after a ...

Gulf Oil Lubricants India Ltd., Apar Industries’ transformer oil and specialty oil segment, Balmer Lawrie’s grease segment, Savita Oil and Maximus ...

Fuchs Group announced this week that it has purchased a controlling stake in the lubricants business of Vietnamese distributor STD & S Co., aiming ...

Afton Chemical recorded higher operating profit in the fourth quarter, but weaker full-year results, while Valvoline posted increases in sales and ope ...

Lub-rref Wrapping Up IPO

February 5, 2021

Bangladesh lubricant marketer Lub-rref began the second half of its initial public stock offering last week, opening its sale of shares to the public ...

Castrol India reported a 30% decline in profits for 2020, although the company said it rebounded during the second half of the year, as demand gradual ...

The lubricant industry’s primary focus should on be sustainable mobility if it is to contribute to the European Union’s carbon emissions target, c ...

Bergman & Beving’s Tools & Consumables division acquired all shares in fellow Swedish company Germa AB, which develops and manufactures equipment fo ...

BP Lubes Fell 35% in 2020

February 2, 2021

BP reported yesterday that the underlying replacement cost profit before interest and tax for its lubricants business declined 35% in 2020 due to impa ...

Best Practices

February 1, 2021

Get Ready for a Post-pandemic Economy 2020 was a difficult and important year in many ways. The pandemic affected virtually everyone in the world a ...

PT Pertamina Lubricants and two other Indonesian companies have formed a joint venture aimed at developing catalysts that can be used in the processin ...

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operating income for 2020, while both ...

Cometic Gasket announced yesterday the acquisition of Indiana-based Klotz Synthetic Lubricants, which blends and packages lubricants for the automotiv ...

Shell’s United States lubricants business and Whitmore Manufacturing LLC will form a joint venture to provide industrial products and services to th ...