Business

Profits Dip at Safety-Kleen, Jump at Quaker Chem

Profits Dip at Safety-Kleen, Jump at Quaker Chem

August 2, 2023

Despite increases in used oil collection and sales volumes of rerefined base oils, Clean Harbors reported lower second q ...

Earnings Rise for Fuchs, Luberef

Earnings Rise for Fuchs, Luberef

August 1, 2023

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impa ...

MOGoil Bought by Ergon Subsidiary

MOGoil Bought by Ergon Subsidiary

August 1, 2023

Ergon announced today that its subsidiary Process Oils Inc. has acquired MOGoil, a major base oil trader in Europe. The ...

Podcast 12: Strange Base Oil Markets in 2023

Podcast 12: Strange Base Oil Markets in 2023

July 28, 2023

The first six months of 2023 have been "strange" in global base oil markets, says our base oil editor Gabriela Wheeler.

Moresco’s Specialty Lube Sales Rise

Moresco’s Specialty Lube Sales Rise

July 28, 2023

Japanese specialty lubricant maker Moresco Corp. reported increased sales for its specialty lubricants, boosted by incre ...

Podcast 11: Managing Trends and Circumstances

Podcast 11: Managing Trends and Circumstances

July 26, 2023

The discussion broadens again to encompass artificial intelligence, strategic planning and leadership.

Profits Up for Afton, WD-40

Profits Up for Afton, WD-40

July 26, 2023

Increased selling prices helped lead to increased operating profit for Afton Chemical’s petroleum additives business f ...

Be on Alert for Red Flags

Be on Alert for Red Flags

July 20, 2023

Companies keep a close eye on certain key performance indicators, but other problems may be lurking below the surface.

Food-Grade for Thought?

Food-Grade for Thought?

July 20, 2023

The term food-grade lubricant has been generally accepted by the lubricants industry for some time, but perhaps it is no ...

How to Care for MWF

How to Care for MWF

July 20, 2023

The United Kingdom Lubricants Association shares its expertise on managing metalworking fluids in a safe, efficient and ...

Electric Tribology

Electric Tribology

July 20, 2023

It is crucial to understand how moving parts in electric vehicle drivetrains tolerate stray electric current. What progr ...

Podcast 11: Participating Versus Succeeding

Podcast 11: Participating Versus Succeeding

July 19, 2023

How companies consider mega-trends in the marketplace could make the difference between simple participating and succeed ...

Additive

Investment Firm Buying Crystal Clean

July 19, 2023

Heritage-Crystal Clean, owner of North America’s second-largest rerefinery, announced today an agreement to be bought ...

Additive

Shell Plans to Exit Pakistan

July 14, 2023

Shell said last month that it will sell its controlling stake in Shell Pakistan Ltd., divesting a lubricants business th ...

Lopal Posts Higher Revenue, Lower Volume

Lopal Posts Higher Revenue, Lower Volume

July 14, 2023

Chinese lubricant marketer Lopal Tech Co. reported a 9% increase in first quarter sales revenue for its lubes segment de ...

Richful Q1 Profits, Sales Rise

Richful Q1 Profits, Sales Rise

July 7, 2023

China’s Richful Lube Additives Co. reported an 88% jump in net profit for and a 58% rise in sales revenue for the firs ...

Resurgent Auto Lube Sales Boost Copton Profits

Resurgent Auto Lube Sales Boost Copton Profits

June 30, 2023

Chinese lubricants blender Qingdao Copton Tech Co. reported a 12% increase in first quarter net profit, compared to the ...

Earnings up at Lanka IOC, Chevron Lanka

Earnings up at Lanka IOC, Chevron Lanka

June 23, 2023

Lanka IOC reported a hefty jump in operating profit for its fiscal year ending March 31, boosted by commissioning Sri La ...