Finished Lubricants

Rerefining On the Rise in China

Rerefining On the Rise in China

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

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

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

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

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

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

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

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

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

March 22, 2024

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

Martin Midstream Posts Big Income Jump

Martin Midstream Posts Big Income Jump

March 20, 2024

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty product ...

Additive

Novel Sets Up Blending in the U.S.

March 20, 2024

Novel Reliable Technologies announced it is expanding its presence in North America with blending and warehouse capabili ...

Kodiak Acquires Aztech Lubricants

Kodiak Acquires Aztech Lubricants

March 20, 2024

Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lu ...

Spain Lube Demand Rose in 2023

Spain Lube Demand Rose in 2023

March 19, 2024

Spain’s lubricant demand rebounded in the second half of 2023 to finish ahead of 2022 levels, the Spain Lubricants Ass ...

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

Russian Blender Makes Metal Containers

Russian Blender Makes Metal Containers

March 12, 2024

Russian lubricant blender United Petrochemicals opened a line that produces metal motor oil containers designed to comba ...

Fuchs Profits, Sales Rose in 2023

Fuchs Profits, Sales Rose in 2023

March 12, 2024

Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw ...

Shell to Build Grease Plant in Indonesia

Shell to Build Grease Plant in Indonesia

March 8, 2024

Shell announced on Monday plans to build its first grease manufacturing plant in Indonesia, producing products for appli ...