Industry News

BASF SE has announced an immediate increase in the price of neopentyl glycol (NPG), marketed under the Neol® brand, in Europe, effective immediately or as existing contracts permit. The polyalcohol intermediate, a critical building block for lubricants, plasticisers, and polyester

Japan’s Hitachi Industrial Equipment Systems Co., Ltd. (HIES) has launched Green Screw Oil, a plant-based lubricant for oil-flooded screw air compressors that reduces lifecycle CO₂ emissions by approximately 40% compared with

The American Petroleum Institute (API) is opening Emergency Provisional Licensing (EPL) in response to the Independent Lubricant Manufacturers Association’s request for emergency relief under the Engine Oil Licensing and Certification System, F+L Daily has learned. In the next few days,

Bosch Mobility Aftermarket has officially launched Bosch Lubricants in the Philippines, introducing a portfolio of high-performance engine oils covering gasoline, diesel, hybrid, motorcycle and commercial vehicle applications. The

Cargill has opened a new FR3® natural ester dielectric fluid production facility in Gouda, the Netherlands, tripling the company’s European supply capacity as demand grows from

Missile attacks on Qatar’s Ras Laffan Industrial City on 18 and 19 March 2026 have knocked out approximately 17% of Qatar’s liquefied natural gas (LNG) export capacity, with QatarEnergy estimating annual revenue losses of USD 20 billion and repair timelines

bp has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner, in a transaction the British energy major says accelerates its strategy to simplify its downstream portfolio and strengthen its balance

South Korean carmaker Kia Corporation has renewed its global cooperation agreement with TotalEnergies for a further five years, extending a partnership that has been in place for more than two decades and

The American Petroleum Institute (API) has formally approved its Proposed Category 12 (PC-12) heavy-duty engine oil specification, which it has incorporated into API 1509,

Specialty chemicals company LANXESS AG has announced a price increase of 50% or more for diphenylamine (DPA) and alkylated diphenylamine (ADPA) with immediate effect for all non-contractual volumes. The adjustment reflects significantly higher costs for energy, critical raw