Overcapacity and weak demand are putting the brakes on China's domestic base oil capacity buildup. according to a Chinese consulting company.

The willingness of Europeans to buy their first electric vehicle is swiftly shrinking and they’re followed by Americans.

Bharat Petroleum Corp. Ltd. intends to install a base oil unit and a finished lubricant blending plant at its refinery in Bina, India. To do so, the company called for bids from a consultant to oversee the project and pick the technology licensor, according to Indian media.

Lubricant production in post-Soviet states has grown over the past three years, driven by Western sanctions against Russia, the exit of international brands and a shift toward self-sufficiency.

Quantum Capital Partners acquired Italian automotive care products maker Arexons from Petronas Lubricants Italy.

German chemicals company Munzing opened a new production facility in Clover, South Carolina, expanding its operations in North America. The facility covers more than 6,500 square meters on a site next to Münzing’s existing U.S. operations. The company makes a range of additives across sectors including metalworking fluids and lubricants. Brazilian automotive and industrial lubricant supplier Iconic reintroduced the Bel-Ray brand into the Brazilian market through a partnership with Calumet, a...