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May 3, 2017

Volume 17 Issue 52

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Q1 Earnings Wrap-Up

Afton Chemical’s operating profit slipped, and Quaker Chemical reported a 45 percent decrease in net income, while BP posted a marginal increase in underlying replacement cost profit before interest and tax for its lubricant business. Fuchs’ earnings before tax jumped, Milacron Holdings Corp.’s Industrial Segment announced a healthy increase in operating earnings and Heritage-Crystal Clean posted an increase in revenue for their Oil Business in the first quarter of 2017.