Region

Russia Eases Lube Export Duties
A truck approaches a customs border crossing in Russia. © lucioly

Russia Eases Lube Export Duties

Lube Report EMEA - April 23, 2024

In a bid to support the country’s refineries, the Russian government introduced a measure to revoke step-up export dut ...

Valvoline Eyes Growth in Industrial Oils

Valvoline Eyes Growth in Industrial Oils

Lube Report EMEA - November 17, 2020

Custom Content – Within the space of just three years, Valvoline Europe has significantly grown its industrial lubrica ...

Fuchs to Acquire Lubcon

Fuchs to Acquire Lubcon

Lube Report EMEA - April 23, 2024

Fuchs Group announced yesterday an agreement to acquire Germany-based Lubcon Group, primarily with the aim of jointly in ...

China Diesel Oil Spec Nears Adoption

China Diesel Oil Spec Nears Adoption

Lube Report Asia - April 19, 2024

China is close to approving D1, the nation’s first diesel engine oil performance specification, a speaker from China N ...

Additive

ExxonMobil Enlists EMB for South China

Lube Report Asia - April 19, 2024

ExxonMobil has reached an agreement for its base stocks to be distributed in South China by EMB, a joint venture that al ...

Additive

Chile Rerefinery Gains Approval

Lube Report Americas - April 17, 2024

A subsidiary of Chilean energy and forestry company Copec received approval from a local environmental authority to deve ...

Joint Venture Builds Lube Plant in Angola

Joint Venture Builds Lube Plant in Angola

Lube Report EMEA - April 16, 2024

Angolan energy company Etu Energias and Malaysian lube marketer Glide Technology Sdn announced they will form a joint ve ...

Poland Demand Dipped in 2023

Poland Demand Dipped in 2023

Lube Report EMEA - April 16, 2024

Poland’s demand for lubricants dropped by 1% in 2023 as the country’s economy stagnated, reflecting a broader declin ...

Additive

Risks Declared for Two Diphenylamines

Lube Report EMEA - April 16, 2024

A French safety agency has proposed recommending restrictions on the use of two diphenylamines – a category of chemica ...

China Base Oil Exports on the Rise

China Base Oil Exports on the Rise

Lube Report Asia - April 12, 2024

China has for years been the world’s largest importers of base oils and barely an exporter, but both of those numbers ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

Lube Report Asia - April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

SK Forms Another Coolant Tie-up

SK Forms Another Coolant Tie-up

Lube Report Asia - April 12, 2024

SK Enmove has entered another partnership to develop and supply immersion coolants for data centers – this time teamin ...

U.S. Base Oil Exports, Imports Both Up

U.S. Base Oil Exports, Imports Both Up

Lube Report Americas - April 10, 2024

The United States’ base oil exports volume jumped 34% in January, while base oil imports rose 10%, according to data r ...

Earnings Fall at WD-40

Earnings Fall at WD-40

Lube Report Americas - April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second ...

Drones Attack Taneco Refinery

Drones Attack Taneco Refinery

Lube Report EMEA - April 9, 2024

A Ukrainian drone last week struck the Taneco refinery in Nizhnekamsk, which has an API Group II and Group III base oil ...

Lukoil Builds Grease and Additives Plant

Lukoil Builds Grease and Additives Plant

Lube Report EMEA - April 9, 2024

Lukoil broke ground recently on a grease, metalworking fluids and lubricant additives production facility in Volgograd.

Japan Bans Motor Oil Exports to Russia

Japan Bans Motor Oil Exports to Russia

Lube Report Asia - April 5, 2024

Japan’s Cabinet today expanded a ban on exports to Russia, adding 164 items to the list of prohibited items, including ...