Region

South Korea Base Oil Exports Decreased

South Korea Base Oil Exports Decreased

February 16, 2024

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the sa ...

Special Report: Base Stocks

Special Report: Base Stocks

February 16, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Interlube Bought by Biochemical Company

Interlube Bought by Biochemical Company

February 14, 2024

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Queb ...

Additive

Blue Tide Completes First Phase of Project

February 14, 2024

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – ...

Indonesia Disputes EU Fatty Acid Duties

Indonesia Disputes EU Fatty Acid Duties

February 13, 2024

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-d ...

Special Report: Base Stocks

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Castrol Profits Surged in 4th Quarter

Castrol Profits Surged in 4th Quarter

February 13, 2024

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight imp ...

Lack of Upkeep Hampers Turkmenbashi

Lack of Upkeep Hampers Turkmenbashi

February 13, 2024

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due ...

Additive

SKF Builds Equipment Factories in China

February 9, 2024

SKF opened a research and development and manufacturing site for lubrication management equipment in Taicang, China, las ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Southeast Asia Auto Sales Dipped in 2023

Southeast Asia Auto Sales Dipped in 2023

February 9, 2024

Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, ...

November Bump for U.S. Base Oil Exports

November Bump for U.S. Base Oil Exports

February 7, 2024

The United States exported 74% more in November than the same month last year and also imported 36% more base oil, accor ...

Brazil Base Oil Imports Jump in December

Brazil Base Oil Imports Jump in December

February 7, 2024

Brazil’s base oil imports volume surged 48% in December, compared to the same month last year, while the full-year 202 ...

Afton Profit Down for Quarter, Up for 2023

Afton Profit Down for Quarter, Up for 2023

February 7, 2024

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year ...

Aminol Production Dipped in 2023

Aminol Production Dipped in 2023

February 6, 2024

Aminol, one of the largest lubricant marketers in Azerbaijan, produced 46,000 metric tons of finished products in 2023, ...

Lukoil Refinery Struck in Drone Attack

Lukoil Refinery Struck in Drone Attack

February 6, 2024

Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a ...