Finished Lubricants

Higher Sales Power Moove Earnings

Higher Sales Power Moove Earnings

Lube Report Americas - April 3, 2024

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...

Modrica Loss Worsened in 2023

Modrica Loss Worsened in 2023

Lube Report EMEA - April 2, 2024

Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 ...

Apar Forms Saudi Arabia Subsidiary

Apar Forms Saudi Arabia Subsidiary

Lube Report EMEA - April 2, 2024

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to pr ...

Investment Firm Ups Stake in Prista

Investment Firm Ups Stake in Prista

Lube Report EMEA - April 2, 2024

Bulgarian investment company Alpha Bulgaria Fund recently announced its intention to purchase up to 200,000 shares in Pr ...

Can Mining and Decarbonization Coexist?

Can Mining and Decarbonization Coexist?

Lubes'n'Greases - April 1, 2024

Shell’s Elitza Terzova explains the role that lubrication can play in helping miners to decarbonize their operations a ...

Stormy Times in the Wind Power Business

Stormy Times in the Wind Power Business

Lubes'n'Greases - April 1, 2024

Can the wind power business recover from last year’s roadblocks, and how will its struggles affect the lubricants indu ...

The Fundamentals of Grease

The Fundamentals of Grease

Lubes'n'Greases - April 1, 2024

Explore the building blocks of lubricating greases as well as trends in global grease demand.

Fortune Favors the Diversified: Alt-Asia’s Rise

Fortune Favors the Diversified: Alt-Asia’s Rise

Lubes'n'Greases - April 1, 2024

Asian countries outside of China are becoming increasingly appealing to lubricant companies looking to diversify their s ...

Rerefining On the Rise in China

Rerefining On the Rise in China

Lube Report Asia - March 29, 2024

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base o ...

Japan’s Lube Production Declines

Japan’s Lube Production Declines

Lube Report Asia - March 29, 2024

Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according t ...

Yip’s Lube Profits Rebounded in 2023

Yip’s Lube Profits Rebounded in 2023

Lube Report Asia - March 29, 2024

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – aft ...

EV Push Will Fragment Auto Market

EV Push Will Fragment Auto Market

Lube Report Americas - March 27, 2024

The shift toward electric vehicles will cause significant fragmentation in the types of powertrains used in automobiles, ...

Brazil Base Oil Output Jumps Again

Brazil Base Oil Output Jumps Again

Lube Report Americas - March 27, 2024

Brazil produced 19% more base oil in February than in the same month last year, according to data released last week by ...

Georgia Lube Imports Rose in 2023

Georgia Lube Imports Rose in 2023

Lube Report EMEA - March 26, 2024

Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a tr ...

Drone Attacks Target Rosneft Refinery

Drone Attacks Target Rosneft Refinery

Lube Report EMEA - March 26, 2024

Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in ...

Germany Ends Down Year on Up Beat

Germany Ends Down Year on Up Beat

Lube Report EMEA - March 26, 2024

Although Germany’s domestic lubricant sales, including process oils, declined 12% in 2023, its 5% increase in December ...

Michang Posted Higher Profit in 2023

Michang Posted Higher Profit in 2023

Lube Report Asia - March 22, 2024

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease ...

Grease Plant Construction Starts in Vietnam

Grease Plant Construction Starts in Vietnam

Lube Report Asia - March 22, 2024

Vietnamese Top Solutions Joint Stock Co. has begun constructing a new grease plant in Phuoc Nam Industrial Park. The gre ...