Finished Lubricants

High coal prices caused a number of power shortages during 2021, and this could represent a growth opportunity for the country’s wind industry becau ...

Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business had an operating loss in 2022 on 10% lower sales revenue, falling from a strong ...

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...

Idemitsu Lubricants America Corp. is adding a building to the warehouse space it leases in southern Indiana near its United States blending plant, par ...

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while fourth quarter earnings also jumpe ...

Spain’s lubricant demand decreased 2% in 2022, remaining short of the country’s pre-pandemic level of consumption, the Spain Lubricants Associatio ...

Spain’s Ministry of Science and Innovation and the European Union, through its Next Generation fund, are financing a project to develop advanced ser ...

Singaporean independent lubricant blender AP Oil International Ltd. reported declines of 60% in net profit for full-year 2022 and 94% for the second h ...

Vivo Energy, a major distributor of lubricants to retail and commercial customers across Africa, reported a slight decrease in earnings for its lubric ...

France’s lubricant consumption increased 2% to 42,000 tons in January, compared to the same month last year, Paris-based Professional Lubricants Cen ...

Yushiro Chemical posted lower operating income for the quarter ending Dec. 31, and KH Neochem’s performance materials segment had lower operating in ...

Independent lubricants blender Fuchs Petrolub SE reported a 2% increase in profits after tax in 2022 and a 19% bump in sales revenue, stating that ra ...

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom line for the full year, while ...

The American Petroleum Institute announced that an engine sequence test included in most active North American passenger car motor oil specifications ...

Domestic lubricant demand in Germany decreased 5% in 2022 and was down 17% for December, compared to the same periods in 2021, according to data relea ...

Japan’s consumption of finished lubricants jumped 28%, and its lubricants production increased 17%, while lube imports dropped 37% in January, accor ...

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made margin-balancing challenging for ...

When will ILSAC GF-7 make its debut, and what updates might it include? Steve Haffner weighs in.

It’s been a year since Russia invaded Ukraine. How has the fallout affected the lubricants market in the region and abroad?

A Muddled Market

March 1, 2023

The lubricants market has weathered many a storm during the past three years, but the numerous unprecedented changes have left lubricant marketers uns ...