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Q2 Profits Down for Fuchs

August 2, 2022

Independent lubricants blender Fuchs Petrolub SE reported a decrease in profits and an increase in sales for the second quarter, compared to results i ...

Base Oil Report: Trends

August 1, 2022

The EU has imposed rounds of strict sanctions on Russian oil products. How will the bans affect base oil supply in the bloc?

Japan’s consumption of finished lubricants jumped 27%, and production swelled by 37% in June, compared to the same month last year, according to dat ...

China’s agricultural machinery sector is likely to see big improvements in oils for tractors and harvesters thanks to the nation’s determination t ...

Indian transformer oil supplier Apar Industries reported increases of more than 100% in net profit and a 24% jump in revenues from its transformer and ...

OQ Chemicals said Tuesday it reached a final investment decision to build additional propionic aldehyde capacity as well as infrastructure to support ...

France’s lubricant consumption rose 9% to 45,368 tons in May, compared to the same month last year, according to data released by the Paris-based Pr ...

Italy recycled 98% of used lubricating oils collected in the country in 2021 – the fifth straight year that it met or topped that level – accordin ...

A company in Northeastern China has finished constructing a blending plant designed to make fluid lubricants formulated with graphene. Sanrun Technolo ...

Japanese specialty lubricant producer Moresco Corp. reported improved sales for its specialty lubricants for its first fiscal quarter ended in May, wi ...

South Korea exported 22% less base oil volume in June, compared to the same month last year, but the declared value of those exports rose 4%, accordin ...

A special committee of the American Petroleum Institute is drafting a recommended practice for calculating the environmental sustainability of finishe ...

Afton Chemical Corp. announced today that it completed a $70 million expansion at its lubricant additive factory in Sauget, Illinois – a project tha ...

Uptake of electric vehicles in the United States has passed the 5% tipping point, setting the world’s second-largest auto market on the path to mass ...

Nuspec Oil, a United Kingdom-based company developing biobased base oils and advancing commercialization of novel rapeseed oils, was among five startu ...

Indian lubricants blender Maximus International Ltd. plans to triple its production capacity in East Africa, the company announced, setting a high gro ...

The world’s main suppliers of lubricant additive packages have stopped supplying Russia, two industry consultants told Lube Report. Without their pr ...

Thailand’s National Energy Technology Center is heading a consortium working to develop biobased transformer oils formulated with palm oil as part o ...

SK Lubricants and South Korea’s Ministry of Trade, Industry and Energy signed a memorandum of understanding last week to recycle waste lubricants in ...

Southern Cross Group, which owns the Petrobras lubricants and fuels business in Chile, has put it on the sales block, according to local news reports. ...