Market Topics

Group I Plants Closing, Groups II and III Growing
Stacks of intermediate bulk containers, commonly used for storage and shipment of base oils, in a warehouse. © Marco Torelli Fotografia

Group I Plants Closing, Groups II and III Growing

Lube Report Asia - March 24, 2023

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I ...

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 ...

Additive

Asia Base Oil Price Report

Lube Report BOR Asia - March 24, 2023

The start of the spring season and the need to replenish inventories prompted many base oil buyers to return to the mark ...

AP Oil Reports Decreased Profits

AP Oil Reports Decreased Profits

Lube Report Asia - March 24, 2023

Singaporean independent lubricant blender AP Oil International Ltd. reported declines of 60% in net profit for full-year ...

Eneos Calculates Product Carbon Footprints

Eneos Calculates Product Carbon Footprints

Lube Report Asia - March 24, 2023

Eneos joined with environmental consultancy Wastebox and IT specialists NTT Data to work out how to calculate the carbon ...

Vertex Reports Higher Profit for Former Unit

Vertex Reports Higher Profit for Former Unit

Lube Report Americas - March 22, 2023

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycli ...

New Suppliers Sent Base Oil to Brazil in 2022

New Suppliers Sent Base Oil to Brazil in 2022

Lube Report Americas - March 22, 2023

API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the Un ...

Political Pressure Mounts Against Lubnor Sale

Political Pressure Mounts Against Lubnor Sale

Lube Report Americas - March 22, 2023

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...

Additive

U.S. Base Oil Price Report

Lube Report BOR Americas - March 22, 2023

Lackluster demand continued to exert pressure on base oil prices, as market uncertainties weighed on business and lubric ...

Climate Clock Countdown Gives 9 Years Until Ecological Meltdown

Climate Clock Countdown Gives 9 Years Until Ecological Meltdown

Sustainability InSite - March 21, 2023

There are nine years left until global warming reaches 1.5 degrees Celsius above pre-industrial levels, according to the ...

Vivo Lubes Profit Swells on Flat Volumes

Vivo Lubes Profit Swells on Flat Volumes

Lube Report EMEA - March 21, 2023

Vivo Energy, a major distributor of lubricants to retail and commercial customers across Africa, reported a slight decre ...

France Lube Demand Rose Slightly in January

France Lube Demand Rose Slightly in January

Lube Report EMEA - March 21, 2023

France’s lubricant consumption increased 2% to 42,000 tons in January, compared to the same month last year, Paris-bas ...

Waste Oil Collection Increases in Turkey

Waste Oil Collection Increases in Turkey

Lube Report EMEA - March 21, 2023

Turkey collected more waste lubricants in 2022 compared to the year before thanks to an increase in amounts gathered by ...

Additive

EMEA Base Oil Price Report

Lube Report BOR EMEA - March 21, 2023

Buying activity is starting to pick up in European, Middle Eastern and African base oil markets following an extremely l ...

Kixx Offers Versatile Hydraulic Fluids

Kixx Offers Versatile Hydraulic Fluids

Lube Report Asia - March 17, 2023

Hydraulic systems are a crucial part of machinery used in a broad range of industries, including manufacturing, construc ...

Additive

Asia Base Oil Price Report

Lube Report BOR Asia - March 17, 2023

Base oil trading was fairly brisk in Asia, with many cargoes changing hands within the region and supply deemed overall ...