United Kingdom-based additive company Infineum will open an additive blending plant in India next year. The announcement last week points to the lubri ...
Chile recently adopted an extended responsibility law that will require lubricant suppliers to ensure that their products are recycled after use.
Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell 26%, reflecting the decline i ...
Stop measuring business performance by volume sales, argues Yana Wilkinson, Kline & Co.’s energy practice lead.
Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most intense pressure – perhaps ...
Clean Harbors Inc. warned customers that it has “significantly” raised waste oil collection fees to offset depressed base oil, vacuum gas oil and ...
Brazilian refiners continued making base oil at a steady pace in September, churning out 49,000 kiloliters, according to the latest data from the coun ...
Chinese energy company PetroChina will close its Dalian refinery by mid-2025, making it the first state-owned refinery in China to permanently shut do ...
British energy company Shell will expand production capacity of its synthetic ester fluid subsidiary Midel & Mivolt Fluids Ltd. at the company’s ...
Chevron Marine Lubricants will extend its global supply network to Port Elizabeth in South Africa, allowing it to supply ships trying to avoid conflic ...
Lingering uncertainties about upcoming demand in downstream segments kept the base oil business somewhat muted in Asia, although some grades seemed to ...
Two additional paraffinic producers joined the group of companies that decreased posted prices this month. HollyFrontier Sinclair/Petro-Canada and Cal ...
Base oil markets, like much of the world, are anticipating potential impacts from the United States presidential election last week, and many in the i ...
Additional base oil posted price decreases emerged this week, with Motiva and Chevron announcing fresh adjustments. Prices were under pressure given l ...
An explosion at Turkish refinery Tupras injured 12 people. The incident happened during maintenance of a compressor.
German independent lubricant company Fuchs Petrolub SE has invested €11 million on improvements to the production center, labs and headquarters of i ...
Lubricant demand in Germany, including process oils, sank to 26,323 metric tons in August, easily the market’s worst performance in 2024 in terms bo ...
Brazilian lubricant maker and distributor Moove acquired Grupo Pax and its three lubricant companies. The Brazilian Antitrust Authority is yet to appr ...
S-Oil blamed a weaker won and tighter refining margins on its third quarter net loss. The same period in 2023 saw brisk business for the South Korean ...
October was a busy month for the industry’s human resources departments.
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