Market Topics

Oleon Builds Factory in Houston
© Braslavets Denys

Oleon Builds Factory in Houston

Lube Report Americas - May 18, 2022

Oleochemical producer Oleon started construction of a new esters plant in Baytown, Texas, a $50 million investment, the ...

Valvoline Eyes Growth in Industrial Oils

Valvoline Eyes Growth in Industrial Oils

Lube Report EMEA - November 17, 2020

Custom Content – Within the space of just three years, Valvoline Europe has significantly grown its industrial lubrica ...

Valvoline Geared Up for Grease Expansion

Valvoline Geared Up for Grease Expansion

Lube Report EMEA - October 6, 2020

Custom Content – Valvoline, one of the world’s leading lubricant and automotive suppliers, has made a frictionless m ...

Moove Posts Higher Profits

Moove Posts Higher Profits

Lube Report Americas - May 18, 2022

Moove, Brazil-based Cosan’s lubricants arm, reported higher profits and revenue despite lower sales volume in the firs ...

Castrol E-transmission Fluid Available for Aftermarket

Castrol E-transmission Fluid Available for Aftermarket

Electric Vehicles InSite - May 17, 2022

Castrol released its dedicated EV transmission fluid for aftermarket in Europe for the first time since its On range was ...

Biden Gives EV Battery Industry $3.1 Billion Kickstart

Biden Gives EV Battery Industry $3.1 Billion Kickstart

Electric Vehicles InSite - May 17, 2022

The Biden administration recently gave a $3.1 billion kickstart to domestic electric vehicle battery manufacturing. The ...

Shell Sells Russia Business to Lukoil

Shell Sells Russia Business to Lukoil

Lube Report EMEA - May 17, 2022

Oil giant Shell signed an agreement to sell its retail and lubricant businesses in Russia to privately owned Lukoil, the ...

Additive

Evonik to Shed Performance Materials

Lube Report EMEA - May 17, 2022

Evonik announced last week that it will exit its Performance Materials business unit, which supplies some intermediate c ...

Additive

EMEA Base Oil Price Report

Lube Report BOR EMEA - May 17, 2022

As the fighting in Ukraine continues, base oil markets face mounting pressure on availabilities of some grades, and pric ...

ACEA Updates Heavy-duty Sequences

ACEA Updates Heavy-duty Sequences

Lube Report EMEA - May 17, 2022

The European Automobile Manufacturers Association published this month an update to its ACEA Engine Oil Sequences for he ...

Nynas to Reduce Asia Presence

Nynas to Reduce Asia Presence

Lube Report Asia - May 13, 2022

Nynas AB will reduce its direct sales presence in the Asia-Pacific region, the company said today in an announcement abo ...

GS Caltex Profits Dip, Castrol India’s Rise

GS Caltex Profits Dip, Castrol India’s Rise

Lube Report Asia - May 13, 2022

GS Caltex’s base oil and lubricant business reported lower profit on higher sales, while Castrol India reported increa ...

China Drafts Heavy-duty Gas Engine Oil Spec

China Drafts Heavy-duty Gas Engine Oil Spec

Lube Report Asia - May 13, 2022

A draft standard for lubricants for heavy-duty engines running on natural gas has cleared the project review stage and b ...

Additive

Asia Base Oil Price Report

Lube Report BOR Asia - May 13, 2022

Base oil availability seemed to be improving in Asia due to softer demand from downstream lubricant segments on the back ...

Income Up at Valvoline, HF Sinclair

Income Up at Valvoline, HF Sinclair

Lube Report Americas - May 11, 2022

Increased expenses caused Valvoline Inc.’s operating income to dip despite a 26% jump in sales revenues for the three ...

Teflon Recycler Copes with PFAS Spill

Teflon Recycler Copes with PFAS Spill

Lube Report Americas - May 11, 2022

A Kentucky town is still dealing with the fallout over a spill of “forever chemicals” three years after it was first ...

Additive

U.S. Base Oil Price Report

Lube Report BOR Americas - May 11, 2022

Chevron announced a posted price increase this week, a week after Excel Paralubes had communicated a similar initiative, ...