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Moove Suspends IPO

October 16, 2024

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due to start. The company blamed ...

Sales of finished lubricants in Japan sank to 128,888 kiloliters in August, the lowest level in 17 months, according to the latest information from th ...

Sustainability ratings agency EcoVadis put Perstorp among the top 1% of companies it assessed for sustainability.

Amber Energy Inc. made the successful bid for Citgo, the formerly Venezuelan refiner.

China’s leader Xi Jinping has prioritized supply chain self-reliance, leading Chinese manufacturers to prefer compatriots in the the metalworking fl ...

Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attempt to break into the renewable ...

Chinese metalworking fluids producers are following their automotive clients as they seek out new markets, especially those along China’s so-called ...

Belgian oleo-chemicals company Oleon acquired a majority stake in A.Azevedo Óleos, a Brazilian oleo-chemical company based in Sao Paulo.

Lubrizol’s Keith Corkwell explains how forging meaningful partnerships across the value chain and leveraging new technology will be necessary for th ...

BASF opened a new production facility for alkyl ethanolamines at its Verbund site in Antwerp, Belgium.

American lubricant distributor Stanley Oil & Lubricants filed for Chapter 11 protection after a prolonged dispute over trademark infringement with ...

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Customs Service, a 35% increase ...

RelaDyne acquired Oil Flush, an industrial lubrication service provider based in Chihuahua, Mexico. The acquisition further expands RelaDyne’s prese ...

Base oil production in the United States rose 12% in June, year on year, as this year’s output continued to run ahead of 2023.

British oil major Shell’s plans to convert a hydrocracker at its Wesseling, Germany, refinery into a production unit for API Group III base oil now ...

Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recycling project to spring up in ...

Moove IPO Confirmed

September 18, 2024

Brazilian lube company Moove has registered for a initial public offering on the New York Stock Exchange, confirming reports from last month that the ...

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus ...

YPF u-turned last week on a lubricant price hike in Bolivia under pressure from a number of local transport associations.

Armed by big data and social media apps, ExxonMobil’s auto care chain in China, Mobil No.1 Select, is going full length to woo a young generation of ...