Market Topics

Calling for Better Products

September 4, 2024

Electric vehicle manufacturers are pressing the lubricants industry for significant improvements in electric driveline fluids – especially in their ...

Fuchs Posts Higher Earnings

September 4, 2024

Fuchs SE’s reported a 9% increase in profits for the first half of 2024 despite a 3% drop in sales revenue that it blamed mostly on exchange rate fl ...

Rising cost of sales forced National Refinery Ltd, Pakistan’s only base oil refiner, to announce losses of Rs 15.79 billion (U.S. $56.64 billion) du ...

Base oil production in Brazil rose 8% in July, compared to the same month last year, according to the latest data from a government agency.

Base oil markets seemed to reopen for business this week as your columnist was bombarded Monday with calls, messages and emails – from early morning ...

Metalworking fluid demand will likely take a hit as EV manufacturing ramps up. How can fluid makers mitigate the damage?

EV Growth Amidst Uncertainty

September 3, 2024

There have been conflicting messages about the health and prospects of the electric vehicle market, but many projections still call for growth.

Is copper a viable anti-wear solution, and what barriers might it face on its way to market?

A Ukraine-based company may have found a more effective way to regenerate aged fire-resistant turbine oils.

September Base Oil Report

September 3, 2024

Base oil conditions have been favorable during the summer months, but suppliers are still preparing for unexpected storms ahead.

Need to Know

September 3, 2024

Tom Glenn explains how the emergence of bigger and stronger distributors has affected the power balance with the oil majors with which they are aligne ...

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have been in full swing. Some partic ...

Even as base oil trading began returning to normal at the end to the summer holiday season, the wars in Gaza and Ukraine escalated, ramping up worries ...

Reports that suppliers granted substantial temporary voluntary allowances or adjustments (TVAs) circulated this week. There was speculation that the a ...

Fierce competition and weak demand are pushing small companies in China’s lube industry to dig deeper to find opportunities, said speakers at an ann ...

Domestic deliveries of finished lubricants in Germany fell 32% in May, compared to the same month last year, according to new data from the Federal Of ...

Officials from the Nigeria National Petroleum Corp. opened an illicit lubricant blending plant in Malta in order to undercut locally blended products, ...

New York investment firm Elliott Investment Management emerged as a likely buyer of Petroleos de Venezuela Holding Inc., the 100% owner of Citgo Petro ...

U.K.-based lubricant company Morris Lubricants upgraded its production plant in Shrewsbury, the first step in a long-term investment plan, with more i ...

Suppliers have their sights set on September, hoping that the end of the rainy season in some parts of the region and the arrival of Fall in others wo ...