U.S. Base Oil Price Report
The freezing temperatures that covered large swaths of the United States this week seemed to have a numbing effect on the base oils market, as activity remained largely muffled. Trading was also subdued due to the Martin Luther King Jr. Day holiday on Monday.–by Gabriela Wheeler
EMEA Base Oil Price Report
Base oil markets in Europe, the Middle East and Africa are moving across the board toward potential oversupply, mimicking global markets that are following the same trend.–by Ray Masson
SSY Base Oil Shipping Report
The European market fell away again quite quickly this week. The United States remains tight, and a few routes are attracting higher freight levels. Asia had another busy week in the run-up to the lunar holidays.–by Adrian Brown
Asia Base Oil Price Report
A lack of enthusiasm appeared to characterize the base oil market in Asia this week, with sellers seemingly reluctant to step out with offers due to crude oil volatility, and buyers waiting for prices to drop.–by Gabriela Wheeler
Markus Hoschke joined Oxea as executive v.p. of global marketing and sales.
Lubrizol Corp. named Ana G. Rodriguez corporate vice president and chief human resources officer.
Mandi McElwain joined Univar as application development specialist.