Finished Lubricants

German Demand Falls Again

German Demand Falls Again

Lube Report EMEA - February 27, 2024

Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a ...

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- ...

Perstorp Opens Penta Plant in India

Perstorp Opens Penta Plant in India

Lube Report Asia - February 23, 2024

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regiona ...

Venezuelan Rebound Draws Interest

Venezuelan Rebound Draws Interest

Lube Report Americas - February 21, 2024

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

Chevron: Industry Faces Uncertain Times

Chevron: Industry Faces Uncertain Times

Lube Report EMEA - February 20, 2024

The global lubricants industry is facing new challenges from geopolitical and economic events, such as wars in Ukraine a ...

MRS Posts Big Earnings Jump

MRS Posts Big Earnings Jump

Lube Report EMEA - 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 ...

Uzbek Company Buys Italian Blender

Uzbek Company Buys Italian Blender

Lube Report EMEA - February 20, 2024

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprin ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

Additive

Electric Vehicle Sales Jumped in China

Lube Report Asia - February 16, 2024

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

Additive

Schaeffer Acquires Hicks Oils

Lube Report Americas - February 14, 2024

St. Louis-based lubricants blender Schaeffer Manufacturing Co. acquired the lubricants business of Hicks Oils & Hick ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

Lube Report Americas - February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Interlube Bought by Biochemical Company

Interlube Bought by Biochemical Company

Lube Report Americas - February 14, 2024

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Queb ...

Castrol Profits Surged in 4th Quarter

Castrol Profits Surged in 4th Quarter

Lube Report EMEA - February 13, 2024

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight imp ...

Lack of Upkeep Hampers Turkmenbashi

Lack of Upkeep Hampers Turkmenbashi

Lube Report EMEA - February 13, 2024

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due ...

Additive

SKF Builds Equipment Factories in China

Lube Report Asia - February 9, 2024

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, las ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

Lube Report Asia - February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Aminol Production Dipped in 2023

Aminol Production Dipped in 2023

Lube Report EMEA - February 6, 2024

Aminol, one of the largest lubricant marketers in Azerbaijan, produced 46,000 metric tons of finished products in 2023, ...

Lukoil Refinery Struck in Drone Attack

Lukoil Refinery Struck in Drone Attack

Lube Report EMEA - February 6, 2024

Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a ...