Region

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STLE Forms Sustainability Committee

June 19, 2024

The Society of Tribologists and Lubrication Engineers, one of the foremost lubricant technical associations in North Ame ...

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ATIEL, UEIL Form Sustainability Panel

June 18, 2024

Two of Europe’s important lubricant industry trade groups – ATIEL and UEIL – have formed a joint committee to work ...

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Russian New Car Sales Rebound

June 18, 2024

Russian new passenger car sales surged to 617,000 units in the first five months of 2024, marking an 81% rebound from sl ...

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China Offers Opportunities for PAO

June 14, 2024

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin bas ...

Hi-Tech Lubricants Lowers Loss

Hi-Tech Lubricants Lowers Loss

June 14, 2024

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine month ...

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Petronas, Iceotope Tie Up for Coolants

June 14, 2024

Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for da ...

U.S. Base Oil Exports Rose in March

U.S. Base Oil Exports Rose in March

June 12, 2024

The United States exported 16% more base oil in March – including hefty increases in volumes to India, Ecuador and the ...

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U.S. Engine Oil Exports Up, Imports Down

June 12, 2024

United States exports of automotive, diesel and marine engine oils rose 14% by value in 2023, while imports of those mat ...

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Saneg Targets Group I to Europe

June 11, 2024

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it ...

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Afyren Begins Commercial Production

June 11, 2024

French biochemical start-up Afyren last week announced completion of several long production cycles to deliver the first ...

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Spain Rerefining Rate Dipped in 2023

June 11, 2024

Spain during 2023 rerefined 78% of its collected waste lubricants into base stocks, the non-profit organization charged ...

Profits Rise for MJL Bangladesh

Profits Rise for MJL Bangladesh

June 7, 2024

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref ...

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China, Taiwan Lock Horns Over Tariffs

June 7, 2024

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports ...

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PSP Receives Capital Infusion

June 7, 2024

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on pro ...

Terpel Posts Higher Earnings

Terpel Posts Higher Earnings

June 5, 2024

Colombian oil and gas company Terpel reported that its lubricant segment posted increases in gross profit for the first ...

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Cerilon Starts Engineering GTL Plant

June 5, 2024

Cerilon announced that it is moving into the front-end engineering and design phase of the gas-to-liquids refinery it pl ...

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U.S. Base Oils Hit Two-year Peak

June 5, 2024

Base oil production in the United States jumped 23% in March, to attain its highest volume in almost two years, accordin ...

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Tide Water to Close German Unit

June 4, 2024

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due t ...