Region

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

Lube Report Asia - March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

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 ...

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

Lube Report Asia - March 15, 2024

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...

Arteco Opens Coolants Plant in China

Arteco Opens Coolants Plant in China

Lube Report Asia - March 15, 2024

Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for ...

Lubrizol Earnings About Flat in 2023

Lubrizol Earnings About Flat in 2023

Lube Report Americas - March 13, 2024

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they ...

Brazil Base Oil Output Up in January

Brazil Base Oil Output Up in January

Lube Report Americas - March 13, 2024

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...

Additive

Cerilon to Use Chevron Technology

Lube Report Americas - March 13, 2024

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil a ...

Russian Blender Makes Metal Containers

Russian Blender Makes Metal Containers

Lube Report EMEA - March 12, 2024

Russian lubricant blender United Petrochemicals opened a line that produces metal motor oil containers designed to comba ...

Fuchs Profits, Sales Rose in 2023

Fuchs Profits, Sales Rose in 2023

Lube Report EMEA - March 12, 2024

Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw ...

Fire Breaks Out at Port-Jerome Refinery

Fire Breaks Out at Port-Jerome Refinery

Lube Report EMEA - March 12, 2024

The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke ...

India, China Biggest Base Oil Importers

India, China Biggest Base Oil Importers

Lube Report Asia - March 8, 2024

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...

Shell to Build Grease Plant in Indonesia

Shell to Build Grease Plant in Indonesia

Lube Report Asia - March 8, 2024

Shell announced on Monday plans to build its first grease manufacturing plant in Indonesia, producing products for appli ...

PSP Profits, Sales Decline in 2023

PSP Profits, Sales Decline in 2023

Lube Report Asia - March 8, 2024

P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant ...

U.S. Base Oil Output Fell in 2023

U.S. Base Oil Output Fell in 2023

Lube Report Americas - March 6, 2024

Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in v ...

Additive

Luberef Earnings Fell in 2023

Lube Report EMEA - March 5, 2024

Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset ...

OQ Chemicals Declares Force Majeure

OQ Chemicals Declares Force Majeure

Lube Report EMEA - March 5, 2024

OQ Chemicals yesterday declared force majeure for products manufactured at its Oberhausen, Germany, site – including s ...

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 ...