Volume 4 Issue 42

Webinar Talks Path to Sustainability

Sustainability may be a concept that that is easy to endorse, but there is no end of practical steps to be taken and facts to be considered for companies trying to adhere to the principles of the movement. That was one takeaway from a Sept. 29 webinar, “Sustainability: Materiality and Reporting,” jointly organized by I.C.I.S. and Lubes’n’Greases. The event provided information tailored specifically to the lubricants industry as audience members bombarded panellists with wide range of que...

Custom Content in association with Evonik Oil Additives

Evonik Outlines Sustainability Strategy

The lubricant industry has started its sustainability journey toward decarbonization and carbon neutrality. To help achieve these goals and make a tangible difference in the industry, Evonik Oil Additives is focusing its sustainability strategy on innovation and on close cooperation with its partners and customers to create possibilities for a sustainable world.

Brazil Base Oils Still Strong

Brazil’s base oil production jumped 48% in August, compared to the same period last year, and was up by 18% from August 2019’s volume, suggesting production continues its rebound to around pre-pandemic levels.

Net Income, Sales Up for WD-40

WD-40 reported net income of $8.4 million for its fourth fiscal quarter, ending Aug. 31, down 57% compared to its previous fourth quarter. For its full fiscal year, net income reached $70.2 million, a 16% increase.

From Other Editions of Lube Report

Motor Oil Shortage Develops in Russia

France August Lube Sales Rise

Lanxess Unveils Antioxidant Expansion

Briefly Noted

Cincinnati, Ohio-headquartered RelaDyne acquired Chicago, Illinois-based Enterprise Oil Co., an industrial and automotive lubricants blender, packager and distributor. Companies that Enterprise distributes products for include Castrol, Ford Motorcraft and Eastman.