Region

Hi-Tech Lubricants Earnings Rise

Hi-Tech Lubricants Earnings Rise

Lube Report Asia - March 1, 2024

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment ...

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 ...

Japan Lube Production Down, Sales Up

Japan Lube Production Down, Sales Up

Lube Report Asia - March 1, 2024

Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to dat ...

Additive

SI Enters Manufacturing Agreement in China

Lube Report Asia - March 1, 2024

SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical ...

U.S. Base Oils Dominate Latin America

U.S. Base Oils Dominate Latin America

Lube Report Americas - February 28, 2024

Structural shortages of base oil production in Latin America are attracting imports from other regions, and the market i ...

Calumet Cuts Loss; Perimeter Profit Falls

Calumet Cuts Loss; Perimeter Profit Falls

Lube Report Americas - February 28, 2024

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth qu ...

Will Nixing of Lubnor Sale Hurt Industry?

Will Nixing of Lubnor Sale Hurt Industry?

Lube Report Americas - February 28, 2024

When Petrobras nixed the sale of its Lubnor refinery last year, it seemingly reduced the likelihood of near-term upgrade ...

Conoil Profit Falls on Lower Sales

Conoil Profit Falls on Lower Sales

Lube Report EMEA - February 27, 2024

Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants s ...

U.S. Sanctions Russian Lube Companies

U.S. Sanctions Russian Lube Companies

Lube Report EMEA - February 27, 2024

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of compa ...

German Demand Falls Again

German Demand Falls Again

Lube Report EMEA - February 27, 2024

Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a ...

Castrol India Posts Jump in Profits

Castrol India Posts Jump in Profits

Lube Report Asia - February 23, 2024

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- ...

Perstorp Opens Penta Plant in India

Perstorp Opens Penta Plant in India

Lube Report Asia - February 23, 2024

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regiona ...

Auto Sales Rose in India in 2023

Auto Sales Rose in India in 2023

Lube Report Asia - February 22, 2024

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 mi ...

Additive

EPA May Slow Emissions Clampdown

Lube Report Americas - February 21, 2024

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pac ...

Venezuelan Rebound Draws Interest

Venezuelan Rebound Draws Interest

Lube Report Americas - February 21, 2024

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, ...

Chevron: Industry Faces Uncertain Times

Chevron: Industry Faces Uncertain Times

Lube Report EMEA - February 20, 2024

The global lubricants industry is facing new challenges from geopolitical and economic events, such as wars in Ukraine a ...

MRS Posts Big Earnings Jump

MRS Posts Big Earnings Jump

Lube Report EMEA - February 20, 2024

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a ...