Finished Lubricants

Gear Up, Latin America

March 5, 2024

Are widely used gears oils able to meet the ever-increasing demands of the current Latin American market?

Demand for synthetic lubricants has grown over the past few decades. Steve Haffner explores whether synthetics are becoming commoditized amidst this g ...

What are some of the major trends in personal mobility right now, and what factors might shape the landscape in the coming years?

Tom Glenn explains why acquisitive companies are expected to be increasingly discerning in selecting companies to acquire.

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment net sales for the quarter end ...

Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to data released yesterday by a gove ...

Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants segment for the full year. The ...

German Demand Falls Again

February 27, 2024

Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a 5% year-on-year increase, and ...

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, stirring renewed interest by ...

The global lubricants industry is facing new challenges from geopolitical and economic events, such as wars in Ukraine and the Middle East, supply rou ...

MRS Posts Big Earnings Jump

February 20, 2024

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a 17% increase in sales revenue, ...

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

Passenger car sales in China rose 11% in 2023, while sales of new energy models surged by 38%, according to the China Association of Car Manufacturers ...

Schaeffer Acquires Hicks Oils

February 14, 2024

St. Louis-based lubricants blender Schaeffer Manufacturing Co. acquired the lubricants business of Hicks Oils & Hicksgas Inc., in southern Illinoi ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight improvement for the full year 202 ...