Region

South Korea Export Amounts Drop

South Korea Export Amounts Drop

Lube Report Asia - August 26, 2022

South Korea exported 7% less base oil in July than in the same month last year, but the declared value of those oils was ...

Additive

U.S. Base Oil Imports, Exports Fell in May

Lube Report Americas - August 24, 2022

Base oil exports from the United States declined 9% in May, while base oil imports into the country fell 20%, although t ...

GF-7 Process Formally Begins

GF-7 Process Formally Begins

Lube Report Americas - August 24, 2022

Automakers and representatives of the lubricants industry have taken the first formal step toward developing the next ga ...

Ardova Posts Bigger Loss

Ardova Posts Bigger Loss

Lube Report EMEA - August 23, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in ...

Additive

Conou Cuts Italian Tax on Lube Sales

Lube Report EMEA - August 23, 2022

An Italian association that promotes recycling of waste lubricants has sharply cut a finished lubricant tax designed to ...

Transmission Fluids Change to Meet EV Needs

Transmission Fluids Change to Meet EV Needs

Lube Report Asia - August 19, 2022

Chinese consumers’ rapid adoption of electric vehicles offers opportunities for suppliers of transmission fluids to me ...

Additive

Innov Expands VI Improver Capacity

Lube Report Asia - August 19, 2022

Innov Oil announced completion of an expansion that more than doubles its capacity to produce the company’s X series o ...

Moove Profits Jumped in Second Quarter

Moove Profits Jumped in Second Quarter

Lube Report Americas - August 17, 2022

Moove, the lubricants arm of Brazil-based Cosan, posted higher profits, revenue and sales volume for the three months en ...

Liqui-Moly Reports Increased Sales

Liqui-Moly Reports Increased Sales

Lube Report EMEA - August 16, 2022

Liqui-Moly reported an 8 percent increase in sales for the first half of this year. The German company said that exporti ...

Additive

Kuwait Promotes Maleic Anhydride Project

Lube Report EMEA - August 16, 2022

Kuwait Petroleum Corp. is inviting investors to build a chemical plant that would make maleic anhydride out of n-butene ...

Japan Explores Base Oil Rerefining

Japan Explores Base Oil Rerefining

Lube Report Asia - August 12, 2022

In an effort to reduce reliance on virgin base oils and to cut down on greenhouse gas emissions, the Japanese government ...

India Firms Thrive Despite Conditions

India Firms Thrive Despite Conditions

Lube Report Asia - August 12, 2022

Several Indian lubricant companies reported strong increases in profits for the quarter ended June 30. Pricing actions e ...

In China, Reconsidering Customized Oils

In China, Reconsidering Customized Oils

Lube Report Asia - August 12, 2022

Engine oil marketers in China have generally not placed much focus on supplying products recommended for specific models ...

Despite Wish List, Industry Avoids SP Plus

Despite Wish List, Industry Avoids SP Plus

Lube Report Americas - August 10, 2022

Automakers have expressed interest to address additional issues in the latest passenger car motor oil specifications for ...

Metalworking Lubricants Co. Pays Fine

Metalworking Lubricants Co. Pays Fine

Lube Report Americas - August 10, 2022

The U.S. Environmental Protection Agency and an Indiana state government agency have reached a settlement with Metalwork ...

Earnings Decrease for Castrol, Conoil

Earnings Decrease for Castrol, Conoil

Lube Report EMEA - August 9, 2022

BP’s Castrol segment reported a decrease in underlying replacement cost before interest and taxes for the second quart ...

Lube Demand Falls in France

Lube Demand Falls in France

Lube Report EMEA - August 9, 2022

Lubricant consumption in France decreased 3% to 46,452 metric tons in June, compared to the same month last year, accord ...

Lotos Lube Sales Rose, Base Oils Fell

Lotos Lube Sales Rose, Base Oils Fell

Lube Report EMEA - August 9, 2022

The former Lotos Oil sold 92,927 metric tons of finished lubricants last year, up from the 77,243 tons sold in 2020, by ...