Region

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 ...

Uzbek Company Buys Italian Blender

Uzbek Company Buys Italian Blender

Lube Report EMEA - February 20, 2024

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprin ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

Lube Report Asia - February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

South Korea Base Oil Exports Decreased

South Korea Base Oil Exports Decreased

Lube Report Asia - February 16, 2024

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the sa ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report Asia - February 16, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report Americas - February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

Lube Report Americas - February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Interlube Bought by Biochemical Company

Interlube Bought by Biochemical Company

Lube Report Americas - February 14, 2024

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Queb ...

Additive

Blue Tide Completes First Phase of Project

Lube Report Americas - February 14, 2024

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – ...

Indonesia Disputes EU Fatty Acid Duties

Indonesia Disputes EU Fatty Acid Duties

Lube Report EMEA - February 13, 2024

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-d ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report EMEA - February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Castrol Profits Surged in 4th Quarter

Castrol Profits Surged in 4th Quarter

Lube Report EMEA - February 13, 2024

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight imp ...

Lack of Upkeep Hampers Turkmenbashi

Lack of Upkeep Hampers Turkmenbashi

Lube Report EMEA - February 13, 2024

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due ...

Additive

SKF Builds Equipment Factories in China

Lube Report Asia - February 9, 2024

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, las ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

Lube Report Asia - February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Southeast Asia Auto Sales Dipped in 2023

Southeast Asia Auto Sales Dipped in 2023

Lube Report Asia - February 9, 2024

Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, ...

November Bump for U.S. Base Oil Exports

November Bump for U.S. Base Oil Exports

Lube Report Americas - February 7, 2024

The United States exported 74% more in November than the same month last year and also imported 36% more base oil, accor ...