U.S. Base Oil Price Report
Excel Paralubes, Petro-Canada and Calumet reduced their API Group II posted prices on the heels of a similar adjustment by Chevron the previous week.–by Gabriela Wheeler
EMEA Base Oil Price Report
Faltering demand, increasing availabilities, and a directional move toward oversupply of all types of base oils is leading to across-the-board price erosion throughout Europe, the Middle East and Africa.–by Ray Masson
SSY Base Oil Shipping Report
The European market has produced a little more activity, and Asian space is still fairly busy, apart from the weeks on either side of the lunar holidays. The U.S. market is strong and some freight rates keep increasing.–by Adrian Brown
Asia Base Oil Price Report
Base oil spot prices in Asia continued to be weighed down by oversupply and sluggish demand. This was juxtaposed by climbing crude oil values, which could exert upward pressure on base oil prices.–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.