Conventional Base Stocks

Rerefinery Planned in Turkey

November 26, 2019

Turkish waste oil collector Tayras announced that it is building an API Group II rerefinery with enough capacity to process 20 percent of the used lub ...

Base Oils from Plastic

November 13, 2019

A group of American researchers claimed last month to have developed a catalyst that effectively recycles plastic grocery bags into lubricating oil an ...

Iraq has emerged as Irans main export market for base oils as the weight of United States sanctions shut down the Islamic Republics traditional trade ...

Chile enacted a law last week that aims to recycle used lubricants by giving producers and end-users responsibilities to help recover waste oils. One ...

Clean Harbors Safety-Kleen segment posted an uptick in revenue and waste oil collection, while HollyFrontiers lubricants and specialty products segmen ...

Results Down for HCC, WD-40

October 23, 2019

Heritage-Crystal Cleans oil business segment reported a small decline in revenues for its third quarter, and WD-40 posted steep declines in net income ...

Global finished lubricant demand isn't keeping up with expanding base oil supply, threatening the cash margins of mineral base oil producers, official ...

The loss of market share that API Group I base oils have experienced for many years will likely continue and accelerate, and the rationalization press ...

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance itself in coming years, but Gr ...

U.S. Base Oils: A Balanced Act

September 17, 2019

The breakneck pace of U.S. base oil production slowed in the first half of 2019, creating a more balanced market.

Weifang Hongrun Petrochemical Technology Co. awarded a contract to Chevron Lummus Global for license and design of a 500,000 metric tons per year whit ...

United Kingdom-based Hydrodec Group this week unveiled details of the sale of its Australian hydrotreater - to its biggest shareholder, who will have ...

Tensile Capital Management LLC formed a joint venture with Vertex Energy Inc., agreeing to inject capital that will accelerate development of Vertexs ...

The Asia-Pacific region is shifting rapidly toward increased use of highly refined base stocks as lubricant marketers take advantage of opportunities ...

Arguing that privatization will lead to cheaper energy products, the administration of Brazilian President Jair Bolsonaro has announced plans to sell ...

Milacron reported a dip in operating earnings and sales for its Fluid Technologies segment in the second quarter, and Heritage Crystal-Cleans oil busi ...

The non-profit organization that manages the recycling of used lubricants in Spain raised its subsidy for oil collection and rerefining by 17 percent ...

With engine oils based on Group III picking up market share and the cost of approvals rising, discontent is bubbling up from stakeholders who are foot ...

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is growing, and that the current o ...

Chevron announced it has agreed for its Richmond, California, base oil plant to begin making API Group III oils that Finnish refiner Neste Corp. will ...