U.S. Base Oil Price Report
Reports emerged this week that Motiva had increased prices. Avista moved up its API Group III posting as well, after adjusting its Group II grade a few days ago, and Paulsboro’s hikes will become effective this week, too.–by Gabriela Wheeler
EMEA Base Oil Price Report
Prices for base oils remain bullish this week after further increases to crude and feedstock values. Buyers throughout Europe, the Middle East and Africa expressed resignation base oil prices still face upward pressure since they have not yet caught up to crude levels. –by Ray Masson
SSY Base Oil Shipping Report
The market in the United States looks to be more stable this week. Europe sees more positives than negatives, although there are more public holidays still to come this month. Asia may have bottomed out too.–by Adrian Brown
Asia Base Oil Price Report
Base oil prices in Asia continued to be exposed to upward pressure because of the relentless rise in crude oil and feedstock values.–by Gabriela Wheeler
Ted Selby of Savant Group will receive the Society of Tribologists and Lubrication Engineers' highest technical honor, the International Award.
Victor Franco Paredes is the new CEO of Lubral.
Christy Henley serves as vice president of sales at Sea-Land Chemical Co.