U.S.A.

Uptake of electric vehicles in the United States has passed the 5% tipping point, setting the world’s second-largest auto market on the path to mass ...

WD-40 Profit Declines

July 13, 2022

WD-40 reported net income of $14.5 million for the quarter ending May 31, a 31% drop from the same period last year, while net sales for its maintenan ...

United States base oils production declined 2% in April, compared to the same month last year, a U.S. government agency reported last week. Output of ...

The United States exported 33% more and imported more than 110% more automotive, diesel and marine engine lubricating oils in 2021 than the country di ...

Ineos Oligomers announced this week the startup of its new 120,000-metric-tons-per-year low viscosity polyalphaolefins unit at its facility in Chocola ...

U.S. Vehicle Ages Rise

June 22, 2022

The average age of light vehicles in the United States rose 9% to 12.1 years in 2021, from 11.1 years in 2012, and is projected to bump up to 12.2 yea ...

Lubricating grease production in North America rose 9% in 2021, according to the National Lubricating Grease Institute’s latest annual survey. Produ ...

Sales at oil change and lubrication shops in the United States climbed 10% to $6.3 billion in 2021, compared to $5.7 billion in 2020, according to a j ...

German-based grease and lubrication systems manufacturer H-T-L Perma USA is expanding its production capacity at a new headquarters in Charlotte, Nort ...

Safety-Kleen has rebranded its rerefined base oils, putting them under the Kleen+ name that emphasizes their reduced carbon footprint. Officials ackno ...

Base oil production in the United States rose 15% in March, compared to the same month last year, and was 17% higher than in March 2020, a U.S. govern ...

Vertex Energy Inc. reported large increases in gross profit and revenues for its used motor oil collection and processing business, while Perimeter So ...

An arbitrator last month issued a final award exonerating a former executive of International Petroleum Products & Additives Co. of violating term ...

Cosan’s Moove made a splash this week with an almost half-billion-dollar acquisition for PetroChoice, the largest lubricants distributor in the Unit ...

Base oil production in the United States rose by 34% in February, compared to the same month last year, a U.S. government agency reported last week. O ...

Profit Up for WD-40

April 20, 2022

WD-40 Co. reported net income of $19.5 million for its second quarter ending Feb. 28, a 13% increase compared to the same quarter last year.

United States base oil output declined more than 10% in January, compared to the same month last year, and was down 8% from January 2020, a U.S. gover ...

Despite the ongoing pandemic and tough economic conditions, base oil production in the United States achieved full rebound to pre-pandemic levels in 2 ...

Perimeter Solutions SA’s oil additives business reported lower earnings and sales for the fourth quarter and lower earnings and higher sales for the ...

Ted Selby, founder of the Savant Group and a giant in the field of lubricant testing, died Monday at the age of 93. Over a career of more than six dec ...