Strategic Value Partners' acquisition of OQ Chemical has been approved by the European Commission, the commission announced on its website.

Thai lubricant blender PSP Specialties Public Co. Ltd announced a 57% jump in net profit for the financial year 2024 and plans to grow its overseas re ...

Mark Lord of Aztec Oils is on a crusade to stop one company dumping cheap lubricants in the U.K. and damaging business.

The manufacture of lubricants is one of the first industries in history and is likely to be one of the last. And yet many still are oblivious to its v ...

Base oil exports from South Korea are down 6% year-on-year, according to Korea National Oil Corp. Dwindling Chinese demand and tariffs in the United S ...

Chinese suppliers need to invest in high value-added products to stay competitive, urged former general manager of Sinopec at a recent industry confer ...

Fuchs Spain has increased production capacity by 25% at the company's Castellbisbal plant in Catalonia.

Wilting demand for diesel in Europe could persuade refiners to redirect vacuum gas oil to base oil production.

TotalEnergies opened an oil condition monitoring laboratory and closed out operations in Manilla.

Richful Lube Additive Co. and Farabi Petrochemicals have inked an agreement to build the first full-fledged lubricant additive factory in Saudi Arabia ...

China’s demand for imported API Group II and III base oils remained weak in 2024, speakers said at the Enmore China International Lubrication Indust ...

Mobil Oil Turk, Exxon’s Turkish unit, has earmarked U.S. $2 million for new production capacity, renewable energy and increasing workforce in antici ...

Chevron said Tuesday that it will add API Group III+ production capability at its base oil plant in Pascagoula, Louisiana, United States, claiming the ...

Idemitsu Kosan will permanently close its facility in Tianjin, China, by August 2025, citing weakening demand and rising competition.

Singaporean investment holding company Paeonia Group has acquired Savant Group for an undisclosed sum.

Brazil’s base oil market is off to a slower start in 2025 as domestic production and imports both declined significantly in January compared to the ...

How can lubricant makers in the U.S. grow despite declining demand? Tom Glenn weighs in.

Sinopec has opened a production unit making marine lubricants and hydraulic fluids at its finished lube blending plant in Tianjin, China.

German specialty chemicals company Lanxess opened its new application development center in Thane, India, near Mumbai. The center will develop speci ...

Fuchs Group inaugurated its expanded production facility in South Africa after shelling out €26 million to add new equipment to existing facilities. ...