U.S. Base Oil Price Report
Following a couple of fairly uneventful weeks, the U.S. market appears to be gradually gathering steam, as buying interest for many base oil grades has started to improve. –by Gabriela Wheeler
EMEA Base Oil Price Report
At the ICIS World Base Oils & Lubricants Conference in London last week, there was much discussion that base oil supplies could tighten due to planned and unplanned plant disruptions. –by Ray Masson
SSY Base Oil Shipping Report
All the main regions, with the exception of Asia have seen slightly less new business compared to the previous week. For the most part though, rates have either stayed unchanged, or are a little stronger. –by Adrian Brown
Asia Base Oil Price Report
Several base oil price indications in Asia moved up on tight availability and reports that refineries in Singapore, Korea and China will be off-line in March. – by Gabriela Wheeler
Manfred Fuchs will step down as deputy chairman of the supervisory board at Fuchs Petrolub SE after 13 years, effective May 5.
Shell Australia appointed Zoe Yujnovich chairwoman of the company, effective April 1.
W. Brian Smith will serve as executive vice president and COO at Troy Corporation.