Latest Headlines

Korean, Thai Firms Post Strong Results

Korean, Thai Firms Post Strong Results

Lube Report Asia - November 12, 2021

South Korea’s Hyundai Shell Base Oil, the GS Caltex lube division and Thai Oil’s lube base oil business all reported ...

Brazil Auto Sales, Production Drop in October

Brazil Auto Sales, Production Drop in October

Lube Report Americas - November 10, 2021

Passenger car registrations and automotive production in Brazil both dropped in October to the lowest levels for the mon ...

EVs Forecast to Cut Engine Oil Demand

EVs Forecast to Cut Engine Oil Demand

Lube Report EMEA - November 9, 2021

With numbers still ramping up rapidly from such a small base, forecasting global electric vehicle sales far into the fut ...

Tax Change to Aid Malaysian Palm Producers

Tax Change to Aid Malaysian Palm Producers

Lube Report Asia - November 5, 2021

The government of Malaysia – the world’s second-largest palm oil producer – is raising the threshold of its windfa ...

Brazil Base Oils Keep Rebounding

Brazil Base Oils Keep Rebounding

Lube Report Americas - November 3, 2021

September base oil production in Brazil was 22% higher than the same month of last year and was up even more from pre-CO ...

Profits Up for SK, S-Oil, Hi-Tech

Profits Up for SK, S-Oil, Hi-Tech

Lube Report Asia - October 29, 2021

S-Oil reported much higher operating income for its base oil business, SK Lubricants posted a large jump in operating pr ...

Chip Shortage Hampers Auto Sales

Chip Shortage Hampers Auto Sales

Lube Report Americas - October 27, 2021

Semiconductor microchip shortages and supply chain disruptions continue to impact light vehicle production, inventory an ...

Korea Base Oils Stay Strong

Korea Base Oils Stay Strong

Lube Report Asia - October 22, 2021

South Korea exported a larger volume of base oils and more than doubled its declared export value in September, compared ...

Net Income, Sales Up for WD-40

Net Income, Sales Up for WD-40

Lube Report Americas - October 20, 2021

WD-40 reported net income of $8.4 million for its fourth fiscal quarter, ending Aug. 31, down 57% compared to its previo ...

France August Lube Sales Rise

France August Lube Sales Rise

Lube Report EMEA - October 19, 2021

Lubricant demand in France showed a moderate year-over-year increase in August, but several lubricant segments posted th ...

Vanol Opens Plant in Dubai

Vanol Opens Plant in Dubai

Lube Report EMEA - October 19, 2021

Vanol FZE is preparing to unveil a lubricant blending plant in Dubai with capacity of 75,000 metric tons per year, a lau ...

Moresco Reports Higher Sales Revenue

Moresco Reports Higher Sales Revenue

Lube Report Asia - October 15, 2021

Japanese specialty lubricant manufacturer Moresco Corp. reported higher sales of both specialty lubricants and synthetic ...

China EV Sales Continue Upward Trend

China EV Sales Continue Upward Trend

Lube Report Asia - October 8, 2021

Sales of new energy vehicles – mostly electric vehicles and hybrids – in China reached a record 321,000 in August, t ...

Yip’s Lube Profits Improve

Yip’s Lube Profits Improve

Lube Report Asia - October 1, 2021

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported improved operating profit and sales f ...

DL Chemical to Acquire Kraton

DL Chemical to Acquire Kraton

Lube Report Americas - September 29, 2021

South Korean-based DL Chemical Co. Ltd. will acquire Houston-based Kraton Corp. for $2.5 billion in cash under a definit ...

Profits Rise for Lopal, Richful

Profits Rise for Lopal, Richful

Lube Report Asia - September 24, 2021

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. reported increases in net profit for the first half of th ...

France’s Lube Demand Slows

France’s Lube Demand Slows

Lube Report EMEA - September 14, 2021

Although lubricant demand slowed in France in June – declining from the same month in 2020 for the first year-on-year ...

Condat Partners for Sustainable Tunnels

Condat Partners for Sustainable Tunnels

Lube Report EMEA - September 14, 2021

French lubricant marketer Condat has entered a technology partnership with construction chemicals supplier Chryso to dev ...