North America

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 ...

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 ...

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 ...

Calumet Cuts Loss; Perimeter Profit Falls

Calumet Cuts Loss; Perimeter Profit Falls

Lube Report Americas - February 28, 2024

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth qu ...

U.S. Sanctions Russian Lube Companies

U.S. Sanctions Russian Lube Companies

Lube Report EMEA - February 27, 2024

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of compa ...

Additive

EPA May Slow Emissions Clampdown

Lube Report Americas - February 21, 2024

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pac ...

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 – ...

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 ...

Afton Profit Down for Quarter, Up for 2023

Afton Profit Down for Quarter, Up for 2023

Lube Report Americas - February 7, 2024

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year ...

Additive

Lubrizol Inks Licensing Deal with BASF

Lube Report Americas - January 31, 2024

BASF and Lubrizol struck a deal last week for the latter to produce and distribute several products from two lines of in ...

U.S. Base Oil Output Slipped in November

U.S. Base Oil Output Slipped in November

Lube Report Americas - January 31, 2024

United States base oil production declined 8% in November, compared to the same month last year. November’s output tot ...

Kano Acquires Food Grade Lubes Firm

Kano Acquires Food Grade Lubes Firm

Lube Report Americas - January 24, 2024

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and ...

Russia Sanctions Ramp-up Includes Turbine Oils

Russia Sanctions Ramp-up Includes Turbine Oils

Lube Report EMEA - January 23, 2024

The United States last month gave regulators new authority to target domestic and international institutions involved in ...

Auto Sales Jumped by Double Digits in 2023

Auto Sales Jumped by Double Digits in 2023

Lube Report Americas - January 17, 2024

Full-year new-vehicle sales in the United States were forecast to increase 12% in 2023, reaching 15.5 million units, acc ...

Ohio Shuns California Emissions Regulations

Ohio Shuns California Emissions Regulations

Lube Report Americas - January 17, 2024

Ohio Governor Mike DeWine signed a bill into law last month that, effective March 28, prohibits a state agency from adop ...