A base oil rerefinery that opened recently in Severodvinsk, Russia, may not be large, but it appears to be the northernmost such facility in the world ...
Activity was fairly subdued in Asia as the end of the year drew near. Supply levels have grown because demand for most grades has eased, while refiner ...
Most of the recently announced posted price decreases have taken effect but have generated little incremental demand as activity was winding down ahea ...
Lwart Environmental Solutions said recently that it will expand its used lubricant rerefinery in Lençóis, Brazil, by 50%, making it one of the large ...
Last week saw a stand-off in European, Middle Eastern and African base oil markets, with buyers stating firmly that they did not have any requirements ...
Two Italian used oil recycling operators filed an antimonopoly petition against Conou, Italy’s National Consortium for Waste Oils Management, allegi ...
A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...
South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils business, noting a decline in the spr ...
With crude oil values remaining volatile, and base oil demand not showing much improvement, bearish sentiment permeated the base oils market in Asia a ...
Base oil exports from the United States surged 56% in September, boosted by increased shipments to Mexico and South America, while the volume of base ...
The U.S. base oil market was hurt by deteriorating finished lubricant demand in 2023, while strong demand for exports helped soak up a large inventory ...
HollyFrontier, Petro-Canada, Safety-Kleen and Avista Oil communicated paraffinic posted price decreases during the week, joining the group of base oil ...
If possible, base oil trade across Europe, the Middle East and Africa is slowing even more. Demand is disappearing from all sectors of the industry, w ...
Falling crude oil values and ebbing demand were placing downward pressure on base oil prices, with spot indications for a number of grades seeing down ...
Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...
Chemical company Novvi LLC filed what it described as a voluntary bankruptcy petition Sunday, stating that it intends to repay all outstanding externa ...
U.S. base oil production decreased 4% in September, although naphthenic base oil production experienced a 16% jump in volume, according to U.S. govern ...
A majority of paraffinic base oil producers have communicated posted price decreases over the last three weeks, with Paulsboro joining several others ...
Base oil prices are weakening throughout Europe, the Middle East and Africa as trading activity slows ahead of the year end. December has been forecas ...
Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.
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