Business

First Half Improvement at Richful, Lopal

First Half Improvement at Richful, Lopal

September 22, 2023

Richful Lube Additives Co. reported a 71% surge in net profit for the first half of 2023, while lubricant marketer Lopal ...

Aramco Acquires Chilean Blender, Distributor

Aramco Acquires Chilean Blender, Distributor

September 20, 2023

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and ret ...

Soltex Buys Dielectric Fluid Supplier DSI

Soltex Buys Dielectric Fluid Supplier DSI

September 20, 2023

Aiming to expand its offerings for dielectric fluids and other electrical insulating lubricants and coolants, chemical m ...

Modrica Refinery Posts Further Losses

Modrica Refinery Posts Further Losses

September 19, 2023

Bosnian base oil and lubricant producer Rafinarija Ulja Modrica ended the first half of this year with a net loss of 1.1 ...

Yip’s Chemical Reports Financial Rebound

Yip’s Chemical Reports Financial Rebound

September 15, 2023

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating profit for the first hal ...

Timken Buys Filtration Products Maker Des-Case

Timken Buys Filtration Products Maker Des-Case

September 13, 2023

The Timken Co. acquired Des-Case Corp., a Nashville, Tennessee-based manufacturer of specialty filtration products for i ...

Tide Water Oil Profits, Sales Rise

Tide Water Oil Profits, Sales Rise

September 8, 2023

Higher sales and increased revenue from other sources helped Tide Water Oil (India) Ltd. post a 12% increase in net prof ...

Additive

Valvoline Buys Stake in Haertol

September 6, 2023

Valvoline Global last week announced that it has made an equity investment in Haertol Chemie GmbH, a German manufacturer ...

AI Anxiety

AI Anxiety

September 6, 2023

Artificial Intelligence is already making waves in the business world. Jack Goodhue explains why panic isn’t yet warra ...

Business Strategy for the Win

Business Strategy for the Win

September 6, 2023

How can a well-developed business strategy help your company to operate at the highest possible level?

Fuchs Buys Partner Share of Chile J.V.

Fuchs Buys Partner Share of Chile J.V.

September 6, 2023

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, th ...

Profits Fall at Lanka IOC, Chevron Lanka

Profits Fall at Lanka IOC, Chevron Lanka

September 1, 2023

Operating profit for Lanka IOC plummeted 80% for the quarter ended June 30 due to a steep increase in cost of sales, whi ...

Moresco Buying Out China Joint Venture Partner

Moresco Buying Out China Joint Venture Partner

September 1, 2023

Japanese specialty lubricant producer Moresco Corp said this week that it will buy out its partner in a specialty lube j ...

Moresco Acquires Michigan Supplier

Moresco Acquires Michigan Supplier

August 30, 2023

Japanese specialty lubricant manufacturer Moresco Corp. expanded its die casting lubricant market and production capabil ...

Terpel Posts Jump in Profits

Terpel Posts Jump in Profits

August 30, 2023

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and ...

First Half Lube Profits Fall for Vivo Energy

First Half Lube Profits Fall for Vivo Energy

August 29, 2023

African distributor Vivo Energy reported double-digit declines in profit for its lubricant segment and a 5% decrease in ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

Lubrizol Profit Down, Mr. Lube Revenue Up

Lubrizol Profit Down, Mr. Lube Revenue Up

August 23, 2023

Lubrizol Corp.’s pre-tax profit for the second quarter fell 25% year to year due to the fact that earnings in the same ...