Gulf Oil International announced the listing last Thursday of its newly demerged Gulf Oil Lubricants India Ltd on India’s premier stock exchanges - the Bombay Stock Exchange and National Stock Exchange of India. The company also said it is expanding its current blending plant at Silvassa and is at an advanced stage of setting up a new blending plant near Chennai.

Afton Chemical posted second quarter sales of $617.5 million compared to $581.3 million for the same period last year. Operating profit reached $109.1 million, up 11.6% over the $97.8 million during the second quarter of last year. For the first half of this year, operating profit was $205.3 million compared to operating profit for the same period last year of $199.8 million.

ExxonMobil, Shell, BP and Chevron last week all reported increased second quarter earnings. ExxonMobil reported net income increased 28 percent to $8.78 billion, Royal Dutch Shell's earnings more than doubled to $5.1 billion, BP reported its underlying replacement cost profit was up 34% to $3.6 billion, and Chevron reported earnings increased 6% to $5.7 billion.

Valvoline reported overall sales for the quarter ended June 30, 2014 increased 4 percent versus prior year to $532 million, while its EBITDA rose 15 percent to $99 million. Fuchs Petrolub reported first-half after tax earnings declined 2 percent to 105 million euros from last year's 108 million euros while sales increased 1 percent to 919.3 million euros from 910.3 million euros last year.

The Freudenberg Group in China announced that a new state-of-the-art research and development center, as well as administration and training facilities, have been commissioned in Qingpu, near Shanghai, for specialty lubricants and high-performance release agents by Klüber Lubrication and Chem-Trend, both business units of Freudenberg Chemical Specialities.

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