Business

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Tide Water to Close German Unit

June 4, 2024

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due t ...

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Eurolube Acquires Bizol

June 4, 2024

German lubricant maker Eurolub GmbH said it has acquired Bizol, another German lube marketer, to expand its automotive s ...

Critical Trends Impacting the Asia-Pacific Lubricants Market

Critical Trends Impacting the Asia-Pacific Lubricants Market

May 31, 2024

Which trends are reshaping the Asia-Pacific lubricants market right now? Lubrizol weighs in.

Profits Up at Gulf, Castrol India, Balmer

Profits Up at Gulf, Castrol India, Balmer

May 31, 2024

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal yea ...

Moove Profits Rebound in First Quarter

Moove Profits Rebound in First Quarter

May 29, 2024

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – o ...

Advanced Lubricant Formulations from Molecule to Market

Advanced Lubricant Formulations from Molecule to Market

May 28, 2024

Lubrizol explains why adhering to testing protocols—including laboratory tests, engine tests and field trials—is piv ...

MRS Oil Records Jump in Earnings

MRS Oil Records Jump in Earnings

May 28, 2024

Nigerian blender MRS Oil Nigeria reported large increases in gross profit and sales revenue for its lubricants segment i ...

Profit Up at PSP, Down at Lanka IOC

Profit Up at PSP, Down at Lanka IOC

May 24, 2024

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue ...

Lubrizol Posts Improved Earnings

Lubrizol Posts Improved Earnings

May 22, 2024

Lubrizol reported higher first-quarter pre-tax earnings despite a drop in sales revenue – thanks to decreases in raw m ...

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Industrial Projects to Build Lube Plant in Russia

May 21, 2024

Russian company Industrial Projects expressed intentions last week to build a lubricant blending plant in the Rostov obl ...

Profits Up for Yushiro, KH Neochem

Profits Up for Yushiro, KH Neochem

May 17, 2024

Yushiro Chemical reported increased fiscal-year net profit and sales for the quarter ended March 31, while specialty che ...

Calumet Reports Drop in Sales

Calumet Reports Drop in Sales

May 15, 2024

Calumet Specialty Products Partners L.P. reported decreased base oil and process oil sales revenue for the quarter ended ...

Fuchs Profit Rises Despite Revenue Drop

Fuchs Profit Rises Despite Revenue Drop

May 14, 2024

Independent lubricants blender Fuchs SE reported a 6% increase in first-quarter net profit and a 6% decline in sales rev ...

Shell Sells Singapore Refining Complex

Shell Sells Singapore Refining Complex

May 10, 2024

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refi ...

Profits Decline for GS Caltex, Thai Oil

Profits Decline for GS Caltex, Thai Oil

May 10, 2024

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the fi ...

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Safety-Kleen Acquires Noble Oil

May 8, 2024

Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North ...

Valvoline, Quaker Chemical Profits Rise

Valvoline, Quaker Chemical Profits Rise

May 8, 2024

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended Ma ...

Castrol Earnings Up, Luberef’s Down

Castrol Earnings Up, Luberef’s Down

May 7, 2024

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, w ...