Don't Miss
The Issues.

Subscribe online today to Lube Report; the FREE weekly e-newsletter for the lubricants industry.

Slight Growth for U.S. Lube Demand

Lubricant demand in the United States is projected to increase 0.3 percent annually to 2.4 billion gallons by 2020, according to a new study by Freedonia Group. Rising manufacturing output and increasing commercial activity are some of the trends driving this growth. Read More

EU Delays Decision on Lead in Alloys

Story Image

Suppliers of metal alloys and metal removal fluids are waiting to see if the European Parliament will tighten limits on the use of lead in steel, aluminum and copper alloys. Metalworking fluid marketers will likely need to reformulate products if parliamentarians allow expiration of decade-old looser rules on the content of those metals. Read More

Gazprom’s Lube, Base Oil Sales Soared in 2015

Story Image

Gazpromneft-Lubricants’ combined sales of base oils and lubricants rose by 11 percent to 528,000 tons in 2015, driven by increased domestic and foreign marketing of its finished products, the company said. Read More

Q1 Earnings Wrap-Up

Profits were up for Valvoline, BP’s lubricants business, SK Lubricants and S-Oil’s base oil business for the quarter ending March 31, compared to the year-earlier quarter. Read More

State Seeks Input on Law Banning Obsolete Lubes

The California Department of Food and Agriculture will hold a workshop May 12 to provide stakeholders an opportunity to comment on Assembly Bill 808, a law that went into effect Jan. 1 and prohibits the sale of engine oils and lubricants considered obsolete by American Petroleum Institute standards. For more information, including how to join the meeting remotely, view the workshop announcement here. Individuals and companies may also submit written comments prior to the meeting.

Briefly Noted

Russian oil major Lukoil held an opening ceremony yesterday for a new bulk lubricant storage and transfer terminal on the bank of the Danube River at its blending plant in Vienna, Austria.  Valtris Specialty Chemicals acquired Akcros Holdings Ltd. Both U.S.-based companies supply specialty chemicals such as additives and intermediates used in and as lubricants.  Eastman Aviation Solutions was selected as the main engine oil supplier for the conversion and modernization of Hong Kong-based global carrier Cathay Pacific Airways’ fleet of approximately 150 aircraft.