Transformer Oils

Castrol India Posts Jump in Profits

Castrol India Posts Jump in Profits

Lube Report Asia - February 23, 2024

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- ...

Nynas Starts Partnership to Recycle Transformer Oil

Nynas Starts Partnership to Recycle Transformer Oil

Sustainability InSite - January 15, 2024

Swedish lubricant maker Nynas to recycle transformer oil in a partnership with leading recycler Stena Recycling.

Nynas, Stena Link to Recycle Transformer Fluid

Nynas, Stena Link to Recycle Transformer Fluid

Lube Report EMEA - January 9, 2024

Nynas AB has entered a partnership with waste management firm Stena Recycling to collect, process and reuse used electri ...

Rerefinery Opens Near Arctic Circle

Rerefinery Opens Near Arctic Circle

Lube Report EMEA - December 26, 2023

A base oil rerefinery that opened recently in Severodvinsk, Russia, may not be large, but it appears to be the northernm ...

Profits Rise for Michang

Profits Rise for Michang

Lube Report Asia - October 13, 2023

South Korean lubricants blender Michang Petroleum Industry Co. reported a 43% jump in operating profit on a 2% uptick in ...

Shell Acquires Transformer Fluid, Coolant Lines

Shell Acquires Transformer Fluid, Coolant Lines

Lube Report EMEA - October 10, 2023

Shell Lubricants acquired two product lines from United Kingdom-based M&I Materials Ltd. – one for synthetic and e ...

Profit Down for Castrol India, Gulf; Up for Apar

Profit Down for Castrol India, Gulf; Up for Apar

Lube Report Asia - May 19, 2023

Protecting and managing margins was a common theme for several India companies announcing financial results for the quar ...

Germany Lube Demand Declined in February

Germany Lube Demand Declined in February

Lube Report EMEA - May 2, 2023

Domestic lubricant demand in Germany declined 8% to 51,416 tons in February, with steep decreases occuring in metalworki ...

Indian Companies Weather Volatility

Indian Companies Weather Volatility

Lube Report Asia - March 3, 2023

Volatility in key factors – including base oil and crude oil prices, additives costs and the Indian rupee – made mar ...

Gandhar Plans Public Stock Offering

Gandhar Plans Public Stock Offering

Lube Report Asia - January 20, 2023

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in whi ...

Profits Down for Korean Blender Michang

Profits Down for Korean Blender Michang

Lube Report Asia - January 6, 2023

South Korean lubricants blender Michang Oil Ind. Co. Ltd. reported a 45% drop in net profit and a 4% increase in sales f ...

Pertamina Fosters Domestic Electrical Oils

Pertamina Fosters Domestic Electrical Oils

Lube Report Asia - December 23, 2022

PT Pertamina Lubricants announced recently that it has entered a partnership with Indonesia’s national power company t ...

Luberef Recruits Producers for LubeHub

Luberef Recruits Producers for LubeHub

Lube Report EMEA - November 22, 2022

Luberef signed memorandums of understanding with several companies this month, agreeing to explore the possibility of co ...

Profits Rise for Castrol India, Apar

Profits Rise for Castrol India, Apar

Lube Report Asia - November 4, 2022

Castrol India Ltd. reported slightly higher profits and sales for the quarter ending Sept. 30, saying it managed pricing ...

Nynas Launches Rerefined Transformer Oil

Nynas Launches Rerefined Transformer Oil

Lube Report EMEA - September 6, 2022

Nynas AB announced last week that it has started to rerefine used electrical transformer oils at its base oil plant in N ...

Apar Profit Doubled in Quarter

Apar Profit Doubled in Quarter

Lube Report Asia - July 29, 2022

Indian transformer oil supplier Apar Industries reported increases of more than 100% in net profit and a 24% jump in rev ...

Thailand Develops Palm Transformer Oil

Thailand Develops Palm Transformer Oil

Lube Report Asia - July 15, 2022

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils form ...