The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to produce lubricants for equipment ...
Bulgarian investment company Alpha Bulgaria Fund recently announced its intention to purchase up to 200,000 shares in Prista Oil Holding, the country ...
Asian countries outside of China are becoming increasingly appealing to lubricant companies looking to diversify their supply chains.
China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...
Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according to data released today by a gov ...
Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – after an operating loss in 2022 ...
Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 and the fourth quarter in Colom ...
Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a trade organization.
Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in an ongoing campaign against Ru ...
Although Germany’s domestic lubricant sales, including process oils, declined 12% in 2023, its 5% increase in December ended a year-long trend of ye ...
South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease in sales revenue. In the fourt ...
Vietnamese Top Solutions Joint Stock Co. has begun constructing a new grease plant in Phuoc Nam Industrial Park. The grease will be for industrial equ ...
China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has long been one of the world’s ...
Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty products business segment – which i ...
Novel Reliable Technologies announced it is expanding its presence in North America with blending and warehouse capabilities.
Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lubricating formulation, adding ...
The European Parliament adopted automobile emissions rules that tighten emissions limits for heavy-duty vehicles while leaving them unchanged for ligh ...
Spain’s lubricant demand rebounded in the second half of 2023 to finish ahead of 2022 levels, the Spain Lubricants Association reported last month.
Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo on Russian petroleum product i ...
Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. Meanwhile, MJL Bangladesh repo ...
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