Market Topics

Chemical maker Denka Co. has agreed to by a 50% stake of Mitsubishi Chemical’s Frontier Carbon Corp., forming a joint venture aimed at expanding pro ...

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ending March 31, while joint v ...

Finished lubricant production in Japan fell 22%, and domestic lubricant sales declined 13% in March, according to data released Tuesday by a governmen ...

Supply and demand fundamentals in several base oil segments were balanced-to-tight, allowing for prices to remain on a steady course or edge up slight ...

Base oil production in the United States jumped 22% in February, compared to the same month last year, according to data released Tuesday by the U.S. ...

Brazil imported 62% more base oil in March, compared to the same month last year, according to data released Tuesday by the National Agency of Petrole ...

Afton Chemical achieved a 14% increase in first-quarter operating profit, primarily due to lower costs that overcame a dip in sales revenue.

Following a round of posted price increases issued by a majority of paraffinic base oil producers in April, Motiva surprised the market with a price d ...

The past week was relatively serene in the Middle East Gulf region, with no further reprisal attacks from Iran or Israel, but tensions are still high ...

Amid market stagnation, Europe’s lubricants industry faces an unprecedented set of challenges ranging from regulations spurred by climate change to ...

A ground-up mixture of drained plastic motor oil canisters can be used as a construction additive in road pavement materials typically made of bitumen ...

Vivo Energy, which distributes lubricants to retail and commercial customers across Africa, reported a 10% increase in earnings for its lubricants seg ...

United States-based D-A Lubricant Co. announced it will establish its brand in Asia through a new partnership with Chinese lubricant toll blender Shan ...

Major Chinese blenders believe investing in differentiation, efficiency and expansion is the only way to attract big clients, speakers said at a side ...

Saudi Aramco said this week that it may take a minority stake in a Chinese oil company – a deal that would give it an interest in yet another base o ...

Increased availability of some base oil grades was starting to exert downward pressure on prices in Asia, but values for most cuts were steady-to-firm ...

EV Sales Drop in Europe

April 25, 2024

Monthly new passenger car registrations in the European Union declined for the first time in 2024.

Lithium's versatility has made it the go-to for decades, but developing alternatives is now a priority.

An accelerator pedal problem caused by an unapproved change adding a lubricant as part of the component assembly process led Tesla to recall 3,878 of ...

According to base oil suppliers, the implementation of posted price increases appeared to have inhibited orders to a certain extent, as buyers were mo ...