South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...
Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for electric vehicles and data cen ...
Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they improved last year if excludin ...
Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data released by a government agency.
Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil and diesel project being develo ...
Russian lubricant blender United Petrochemicals opened a line that produces metal motor oil containers designed to combat trade of counterfeit product ...
Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw material markets normalized af ...
The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke out at the site yesterday aft ...
Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst predicted recently that they wil ...
Shell announced on Monday plans to build its first grease manufacturing plant in Indonesia, producing products for applications such as bearings and g ...
P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant increase in profit after tax.
Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in volume, the U.S. Energy Informa ...
Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset higher base oil sales volumes.
OQ Chemicals yesterday declared force majeure for products manufactured at its Oberhausen, Germany, site – including some that can be used as a buil ...
Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment net sales for the quarter end ...
Lubricant production in Japan declined 11% in January, while domestic sales of lubricants increased 3%, according to data released yesterday by a gove ...
SI Group has entered a long-term agreement to have some of its chemical products manufactured by Dingjide Petrochemical Co. – a move allowing the Am ...
Structural shortages of base oil production in Latin America are attracting imports from other regions, and the market increasingly relies on supplies ...
Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth quarter brought a net loss, whil ...
When Petrobras nixed the sale of its Lubnor refinery last year, it seemingly reduced the likelihood of near-term upgrades to the site’s base oil pla ...
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