Business

South Korea exported more base oil in October than in the same month in 2019, according to Korea Customs Service data. However, the value was down yea ...

In Japan, KH Neochem Co. reported steep declines in third-quarter operating income and net sales for its performance materials segment, while metalwor ...

S&P Global, IHS Markit Merge

December 2, 2020

S&P Global and IHS Markit have agreed to merge in a deal that will unite two of the world’s biggest financial data services companies, one of wh ...

Best Practices

December 1, 2020

Own Your Failure I recently watched on CNBC an extremely interesting interview with former EBay chief Meg Whitman and Jeffrey Katzenberg, former CE ...

At the end of March, India implemented the world’s most stringent lockdown in response to the novel coronavirus pandemic, shutting down all of its m ...

At first glance, the lubricants industry seems to be moving smoothly toward greater sustainability. But if you look more closely, you will notice obst ...

Sinopec lube business arm Great Wall and Tsinghua University’s Tianjin Research Institute for Advanced Equipment formed a joint research center in T ...

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a smaller operating loss but lower rev ...

Equity Firm Acquires Kano Labs

November 25, 2020

A private equity firm acquired Nashville, Tennessee-based Kano Laboratories, which produces branded penetrating oils and lubricants that professionals ...

For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in profits, while MJL Bangladesh L ...

The United State Environmental Protection Agency awarded a $300,000 grant recently to a New Jersey university that will try to help ExxonMobil reduce ...

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quarter ending Sept. 30, compared t ...

Castrol India Ltd. reported higher profit for the quarter ending Sept. 30, compared to the same period in 2019, while Gulf Oil Lubricants India Ltd. p ...

Calumet Specialty Products Partners LP reported a worse loss for the quarter ended Sept. 30, compared to the same period of 2019, while profits improv ...

A $1.8 million grant from the U.S. Department of Energy will help accelerate development of Baltimore, Maryland-based Pixelligent’s nanocomposite te ...

For the quarter ending Sept. 30, India’s Apar Industries posted higher net profit and Sri Lanka’s Lanka IOC reported a huge decline in profit, com ...

Fuchs Group acquired Sanford, North Carolina-based PolySi Technologies, which formulates and manufactures silicone lubricants and greases, as well as ...

Afton Chemical reported higher operating profit and a decrease in sales for its third quarter, and Valvoline’s operating income and sales from its t ...

Profits Dip for BP, Fuchs

November 3, 2020

BP’s lubricants business reported a slight year-to-year decline in profit for the third quarter, and independent lubricants blender Fuchs Petrolub S ...