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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 ...

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 ...

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 ...

Profits Down at KH Neochem, Yushiro

Profits Down at KH Neochem, Yushiro

Lube Report Asia - March 17, 2023

Yushiro Chemical posted lower operating income for the quarter ending Dec. 31, and KH Neochem’s performance materials ...

South Korean Base Oil Exports Jumped in February

South Korean Base Oil Exports Jumped in February

Lube Report Asia - March 17, 2023

South Korea exported 29% more base oil in February, and the recorded value of those shipments jumped 36%, compared to re ...

U.S. Base Oil Exports Fall, Imports Rise

U.S. Base Oil Exports Fall, Imports Rise

Lube Report Americas - March 15, 2023

Base oil exports from the United States fell 6% in 2022, while imports rose by the same amount, according to U.S. Energy ...

Calumet Reduced Loss in 2022

Calumet Reduced Loss in 2022

Lube Report Americas - March 15, 2023

Calumet Specialty Products Partners L.P. trimmed its losses while increasing sales revenue for the quarter ending Dec. 3 ...

KLK Acquires Oleo Maker Temix

KLK Acquires Oleo Maker Temix

Lube Report EMEA - March 14, 2023

KLK Oleo acquired a controlling stake in Italian oleochemical producer Temix Oleo, the companies announced. The move exp ...

TotalEnergies Relinquishes Russia Plant

TotalEnergies Relinquishes Russia Plant

Lube Report EMEA - March 14, 2023

French oil major TotalEnergies handed over management of its Russia lubricant business to a Russian entity, and the tran ...

Fuchs Overcame Costs to Increase Profit in 2022

Fuchs Overcame Costs to Increase Profit in 2022

Lube Report EMEA - March 14, 2023

Independent lubricants blender Fuchs Petrolub SE reported a 2% increase in profits after tax in 2022 and a 19% bump in ...