Brazil’s Vibra Energia kicked off discussions with Cosan S.A. over potentially buying its lubricants business Moove.

Zambia has signed a $1.1 billion agreement with China’s Fujian Xiang Xin to build a major oil refinery in Ndola, with a dedicated lubricants blending facility.

Rapidly evolving global regulatory policies are changing the electric vehicle landscape, and blenders must adapt and remain agile.

New car and light commercial vehicle sales in Russia fell by 27% year-on-year in the first half of 2025 to 546,430 units.

Fuchs, the world’s largest independent lubricant company, has revised its results outlook, blaming weak demand from key customer sectors, influenced by tariff discussions involving the US, low industrial output in Europe and persistent geopolitical tensions. Based on preliminary figures published on its website, Fuchs Group expects sales of €1.8 billion and earnings before interest and taxes (EBIT) of €209 million for the first half of 2025, compared with €1,764 million in sales and ...

ExxonMobil China started production at its ethylene project in Daya Bay Industrial Park, Huizhou, Guangdong. The site includes a steam cracker with 1.6 million tons of annual ethylene capacity, two linear low-density polyethylene units (1.2 million tons total), the world’s largest single-unit low-density polyethylene facility (500,000 tons), and two polypropylene units (950,000 tons total). It is the first major petrochemical project in China fully built by a US company. Hitachi Energy has del...