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Chinese lubricants blender Qingdao Copton Tech Co. reported higher net profit and operating income for the first nine months of this year, compared to ...

An investment firm representing the main stockholders of United Global Ltd. announced on Dec. 10 an unconditional cash offer to acquire the rest of th ...

Canadian Pacific Railway Ltd. announced yesterday the completion of its $31 billion acquisition of Kansas City Southern, one of the largest transporte ...

The European lubricant industry was not spared from the major shock to Europe’s manufacturing sectors caused by the COVID-19 pandemic, according to ...

European lubricant demand will never recover to the level it reached in 2019, and while the COVID-19 pandemic accelerated the decline, decarbonization ...

More than half of United Kingdom drivers responding to a recent survey said they have delayed vehicle maintenance such as engine oil changes during th ...

UMW Reports Sales Drop

December 10, 2021

UMW Holdings Bhd. reported slightly lower sales of lubricants and related products for the nine months ending Sept. 30, compared to the same period la ...

The rise of electric vehicles has a few lubricant companies looking to branch into aspects of EVs that have nothing to do with lubes. Now a Chinese su ...

France-based Arkema announced on Monday a 50% increase in global capacity for its Oleris castor oil derivatives, which are used in synthetic lubricant ...

ExxonMobil’s entry into the linear alpha olefin market has been delayed as a large expansion of the company’s Baytown, Texas, petrochemical comple ...

Russian Base Oils Rebound

December 7, 2021

Russian base oil production increased by 14% in the first nine months of 2021, driven by higher demand at home and abroad, and representing a partial ...

The world’s largest crude oil supplier and one of the largest owners of base oil assets is getting back into the finished lubricants business. Saudi ...

China’s Jiangsu Lopal Tech Co. and Richful Lube Additive Co. both reported drops in net profit for the third quarter, although year-to-date profits ...

A company attempting to acquire most of Kangtai Lubricant Additive Co. has scaled back the size of an additive factory now under construction in order ...

Japan Demand Fell in October

December 3, 2021

Japan’s finished lubricant demand tumbled in October, as consumption volume fell by 20% compared to the same month last year and by more than 30% se ...

Base oil production in Brazil in October was more than 20% higher than in the same month last year, the third consecutive month that year-over-year to ...

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearly matching the October 2019 to ...

Petrobras said last week that it still intends to move forward with two initiatives that would alter the country’s base oil supply base – the sale ...

Lubricant demand in Spain slipped 12% in the third quarter, compared to the same period in 2020, and was also down 14% compared to 2019’s third quar ...

Russian lubricant marketer Alfa Chem Group is expanding the capacity of its synthetic motor oil production line by 2,500 tons per year, according to a ...