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Lubes'n'Greases, 7389 Lee Highway Suite 300, Falls Church, VA (2023)

08/16/2023

L***s'n'Greases are proud supporters of and .

Taking place at MESSE ESSEN, Germany from 26th – 28th September 2023.

Lubricant Expo and The Bearing Show brings together the community and its customers with a free-to-attend exhibition and conference.

Spread across three days you can explore a show floor with 200+ suppliers whilst networking with thousands of visitors. You’ll also have access to a full 3-day, two-track conference program where over 80+ expert speakers will discuss trends, opportunities and supply educational sessions that equip you to solve and optimise real-world lubrication application.

Register for FREE: https://bit.ly/457GfvK

08/14/2023

India’s lubricant market will be a bright spot in the global industry over the next decade, according to a consultant presentation at a recent conference, expanding by a quarter in volume and growing even faster in terms of value.

08/11/2023

Valvoline Inc. reported large increases in income and sales from continuing operations and in system-wide store sales for the quarter ended June 30, citing resiliency in its preventive maintenance business.

08/09/2023

BP reported that profits for its Castrol lubricants business dropped 23% in the second quarter, as adverse foreign exchange impacts and higher costs offset the positive impact of higher margins.

BP reported that profits for its Castrol lubricants business dropped 23% in the second quarter, as adverse foreign exchange impacts and higher costs offset the positive impact of higher margins. Meanwhile, Nigerian lubricants blender and marketer Conoil reported steep drops in profits and sales for....

08/07/2023

SK Enmove’s base oils and lubricants business and S-Oils base oils and lubricants business both achieved slightly higher profits for the quarter ended June 30, while joint venture Hyundai Shell Base Oil reported a 110% profit jump.

SK Enmove’s base oils and lubricants business and S-Oils base oils and lubricants business both achieved slightly higher profits for the quarter ended June 30, while joint venture Hyundai Shell Base Oil reported a 110% profit jump. The companies cited factors such as solid price spreads and base o...

08/02/2023

Ergon announced that its subsidiary Process Oils Inc. has acquired MOGoil, a major base oil trader in Europe.

Ergon announced today that its subsidiary Process Oils Inc. has acquired MOGoil, a major base oil trader in Europe. The transaction greatly boosts the European presence of the American refiner, which is the world’s largest producer of naphthenic base stocks as well as a significant asphalt supplie...

07/31/2023

Lubricant manufacturers are well positioned to supply the automotive industry with the fluids needed to cool EV batteries. Will they seize the opportunity?

07/26/2023

Germany’s demand for finished lubricants fell 21% in May, the second straight month with a decrease of 20% or more.

Germany’s demand for finished lubricants fell 21% in May, the second straight month with a decrease of 20% or more, according to data released by a government agency.

07/24/2023

Retail sales of greases and lubricants at select United States automotive retail chains rose 17%, and transmission fluid sales rose 11% for the 52-week period ended April 29.

Retail sales of greases and lubricants at select United States automotive retail chains rose 17%, and transmission fluid sales rose 11% for the 52-week period ended April 29, according to a market information company’s retail tracking service.

07/20/2023

Subscribe to L***s’n’Greases today and get the NEW 2023 Global Base Stock Plant Guide wall chart for free (only with a Print and Digital subscription) and much more. https://bit.ly/3pTVYzj

07/19/2023

Additech, a lubricant additive joint venture between the Russian and Belarus oil majors Lukoil and Naftan, expanded its production capacity to 40,000 tons per year in 2022, double its size in 2016.

Additech, a lubricant additive joint venture between the Russian and Belarus oil majors Lukoil and Naftan, expanded its production capacity to 40,000 tons per year in 2022, double its size in 2016, according to a Russian news report. Formerly known as LLK-Naftan, in May 2021 the company changed its....

07/17/2023

Chinese lubricant marketer Lopal Tech Co. reported a 9% increase in first quarter sales revenue for its l**es segment despite a 6% decrease in sales volume and a 33% drop in production.

07/14/2023

Base oil exports from the United States rose 11%, and imports increased 18% in April, according to data released by the U.S. Energy Information Administration.

Base oil exports from the United States rose 11%, and imports increased 18% in April, according to data released by the U.S. Energy Information Administration. Exports to Mexico, Chile, Panama, the United Arab Emirates and Nigeria all jumped by triple-digit percentages.

07/12/2023

After it sold a refinery in Italy, a Romanian official speculated recently that Russian oil major Lukoil could sell its assets in Romania, too, due to pressure created by sanctions over the war in Ukraine.

After it sold a refinery in Italy, a Romanian official speculated recently that Russian oil major Lukoil could sell its assets in Romania, too, due to pressure created by sanctions over the war in Ukraine. Those assets include a lubricant factory in Ploiesti with production capacity of 40,000 metric...

07/07/2023

The average of light vehicles in the United States rose to 12.5 years at the start of this year, a 3% increase from the average in 2022, and the third consecutive year of 12 years or higher average age.

The average of light vehicles in the United States rose to 12.5 years at the start of this year, a 3% increase from the average in 2022, and the third consecutive year of 12 years or higher average age, according to data in the latest report jointly published by the Auto Care Association and MEMA Af...

07/05/2023

A Russian motorist group complained to the central government last week that the country faces a growing shortage of automotive engine oils and quality lubricant additives.

06/28/2023

Major players in the lubricant additives space are allocating significant resources to developing sustainable additives. How will these additives contribute to improvements in automotive l**es?

06/26/2023

Use of lithium soap grease thickeners dropped significantly in China and South Asia in 2022, according to the latest version of the National Lubricating Grease Institute’s Grease Production Survey Report.

Use of lithium soap grease thickeners dropped significantly in China and South Asia in 2022, according to the latest version of the National Lubricating Grease Institute’s Grease Production Survey Report, which was released this week. The data likely reflects grease manufacturers opting for other ...

06/19/2023

Petronas Chemicals Group Bhd. is buying a maleic anhydride plant from its Malaysian joint venture with BASF and plans to upgrade the facility to produce a refined form of the chemical – in part to meet rising demands from customers in Asia-Pacific and India.

06/14/2023

The fire-resistant synthetic turbine oils consumed in Russia are mostly imported products formulated with trixylenyl phosphate, an anti-wear additive used in high-temperature applications. Acquiring them has become more difficult since the start of the war in Ukraine, so a local independent additive maker is developing cheaper analogues that it claims are safer.

The fire-resistant synthetic turbine oils consumed in Russia are mostly imported products formulated with trixylenyl phosphate, an anti-wear additive used in high-temperature applications. Acquiring them has become more difficult since the start of the war in Ukraine, so a local independent additive...

06/09/2023

Chilean President Gabriel Boric Font unveiled a plan recently to nationalize the country’s lithium industry, declaring that the nation should make the most of a rare economic opportunity.

Chilean President Gabriel Boric Font unveiled a plan recently to nationalize the country’s lithium industry, declaring that the nation should make the most of a rare economic opportunity. The young, left-leaning leader wants to designate a government entity that would eventually take control of th...

06/07/2023

Kazakhstan’s Hill Group expects to break ground in Lithuania soon on an API Group II base oil rerefinery.

Kazakhstan’s Hill Group expects to break ground in Lithuania soon on an API Group II base oil rerefinery. The project includes a large blending complex that will produce finished lubricants primarily meant for export markets, a company official told L**e Report Monday.

06/05/2023

India rerefiner IFP Petro Products announced last week that it has entered a partnership with Germany-based Avista Oil AG to expand its rerefining and other operations.

India rerefiner IFP Petro Products announced last week that it has entered a partnership with Germany-based Avista Oil AG to expand its rerefining and other operations. Avista officials said the venture allows the company to expand into India, which they described as an attractive rerefining market.

06/02/2023

Base oil production in the United States fell 29% in March to its lowest mark since February 2021.

Base oil production in the United States fell 29% in March to its lowest mark since February 2021, according to data released today by the U.S. Energy Information Administration. For at least the past decade, March volume represented the year’s nadir in U.S. base oil output, keeping mostly to the ...

06/01/2023

Aiming to serve what it describes as a vibrant Algerian transportation market, petroleum products distributor Petro Baraka recently opened a lubricant blending plant with capacity of 60,000 metric tons per year.

Aiming to serve what it describes as a vibrant Algerian transportation market, petroleum products distributor Petro Baraka recently opened a lubricant blending plant with capacity of 60,000 metric tons per year. The plant is one of several recent investment in the country’s l**e market.

05/30/2023

Lubricant manufacturer P.S.P. Specialties Public Co. has obtained approval for its application for an initial public stock offering that aims to raise 350 million baht (U.S $10 million).

Lubricant manufacturer P.S.P. Specialties Public Co. has obtained approval for its application for an initial public stock offering that aims to raise 350 million baht. The company will use some of the funds to upgrade its finished lubricant blending plant and to repay loans, it said in filings on t...

05/26/2023

Police in the Brazilian state of Goias, in a joint operation with government agencies, on May 22 seized more than 4,000 liters of engine oil at a distributor in Goianira.

Police in the Brazilian state of Goias, in a joint operation with government agencies, on May 22 seized more than 4,000 liters of engine oil at a distributor in Goianira, the Civil Police of the State of Goiss said in a news release.

05/24/2023

Discover how a leading global distributor of metalworking fluids is working to increase its sustainability profile as well as those of its customers.

05/23/2023

The American Petroleum Institute, a trade association that sets standards for the hydrocarbons industry, published a new methodology for lubricants life cycle assessment and product carbon footprint calculation.

The American Petroleum Institute, a trade association that sets standards for the hydrocarbons industry, published a new methodology for lubricants life cycle assessment and product carbon footprint calculation. The group said its methodology gives companies in the industry a common way to measure s...

05/19/2023

The UEIL (Union of the European Lubricants Industry) Annual Congress 2023 will take place from May 31 to June 2 in the city of Manchester, UK.

The theme of this year's Congress is "Sustainable Value Chains: Securing the future of the European lubricant industry", and the program is packed full of expert speakers who will explore the topic of sustainability along different stages of the value chain, with the aim of understanding and securing the future of the European lubricant manufactures.

REGISTRATIONS ARE OPEN!

Go to the UEIL website to register & find out more: https://lnkd.in/gXW9x-uN

05/17/2023

SINGAPORE – Indonesia’s lubricant demand is expected to grow to 1.32 billion liters per year by 2026, with automotive l**e formulations continuing to shift from conventional formulations to semi-synthetic and synthetic products.

Indonesia’s lubricant demand is expected to grow to 1.32 billion liters per year by 2026, with automotive l**e formulations continuing to shift from conventional formulations to semi-synthetic and synthetic products, a Pertamina official told the ICIS Asian Base Oils and Lubricants Conference held...

05/15/2023

The base oil market was a challenging environment for rerefiners during the first three months of 2023.

The base oil market was a challenging environment for rerefiners during the first three months of 2023, according to recent stock exchange filings by two American companies.

05/10/2023

The UEIL (Union of the European Lubricants Industry) Annual Congress 2023 will take place from May 31 to June 2 in the city of Manchester, UK.

The theme of this year's Congress is "Sustainable Value Chains: Securing the future of the European lubricant industry", and the program is packed full of expert speakers who will explore the topic of sustainability along different stages of the value chain, with the aim of understanding and securing the future of the European lubricant manufactures.

REGISTRATIONS ARE OPEN!

Go to the UEIL website to register & find out more: https://lnkd.in/gXW9x-uN

05/08/2023

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant is expected to be operational by the end of November.

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant is expected to be operational by the end of November, according to an April 13 announcement.

05/05/2023

Afton Chemical posted a 52% climb in operating profit for the quarter ending March 31, primarily due to higher selling prices, and sales increased 6%.

Afton Chemical posted a 52% climb in operating profit for the quarter ending March 31, primarily due to higher selling prices, and sales increased 6%, parent company NewMarket Corp. said in its quarterly financial report.

05/03/2023

In little more than a year, leading base oil distributor Penthol has gained a solid foothold in South Africa and established itself as a major supplier in the region.

In little more than a year, leading base oil distributor Penthol has gained a solid foothold in South Africa and established itself as a major supplier in the region. It is now providing independent blenders and lubricant manufacturers with API Group I base oils in a market filled with potential, sa...

05/01/2023

SINGAPORE – The impact of electric vehicles on the lubricants industry will be different in Asia than in Europe and North America because parts of the former region face a number of challenges impeding the electrification of its vehicle parc.

The impact of electric vehicles on the lubricants industry will be different in Asia than in Europe and North America because parts of the former region face a number of challenges impeding the electrification of its vehicle parc, an industry expert said during a presentation at the ICIS Asian Base....

04/28/2023

Demand for lubricants used in the global wind power sector should continue its up-and-down ride in coming years but could reach 100,000 metric tons per annum in the next 10 years.

Demand for lubricants used in the global wind power sector should continue its up-and-down ride in coming years but could reach 100,000 metric tons per annum in the next 10 years, consultancy Kline & Co. estimated during a recent webinar. The firm also predicts that gear oils will become a bigger pa...

04/27/2023

The Union of the European Lubricants Industry announced this month that it helped resolve a complaint about Mercedes Benz saying that customers were required to use its genuine engine oil to service one of its car models.

The Union of the European Lubricants Industry announced this month that it helped resolve a complaint about Mercedes Benz saying that customers were required to use its genuine engine oil to service one of its car models. After discussions with the Brussels association, the automaker amended stateme...