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August 10, 2018

Volume 5 Issue 32

Yushiro, QualiChem Form Partnership

Yushiro Chemical Industry Co. and American metalworking fluid supplier QualiChem Inc. announced an agreement Tuesday for Yushiro to acquire a stake in QualiChem and for the companies to help each other expand in different markets. read more

Crude Hampers Base Oil Profits; Results Mixed for Indian Lubes

Narrowing base oil margins caused weak to poor second-quarter results for SK Lubricants, S-Oil and the Hyundai Oilbank-Shell joint venture. GP Petroleums also had lower profits for the period ended June 30, while earnings rose at Gulf Oil Lubricants India Ltd. and Savita Oil Technologies. read more

Publisher’s Note: Lubricants Industry Factbook

Editors at Lube Report’s sister publication, Lubes’n’Greases magazine, have just capped off a decade of producing our yearly Lubricants Industry Factbook. The 10th edition of this valuable guide is packed with eye-opening information about lubricant industry trends, statistics and standards. read more