Waxes

A fire broke out Saturday night at Ergon’s refinery in Newell, West Virginia, damaging a fuels unit and forcing the whole facility to shut down. The ...

Canadian wax maker The International Group Inc. has acquired Picayune, Mississippi-based Rheogistics LLC, which supplies lubricants and mechanical sta ...

Japan’s base oil production for April fell 20 percent compared to the same month last year, according to data recently released by the country’s M ...

Calumet Specialty Products Partners L.P. reported a net loss, Valvoline posted a slight decrease in operating income, HollyFrontier’s lubricants and ...

Hi-Tech Lubricants posted higher net profit for the quarter ending March 31, while National Refinery Ltd. reported decreased net profit for its lube s ...

Europe was the second-largest supplier of wax in 2019, remaining a significant supplier of petroleum waxes while showing strong growth in synthetic po ...

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sales of motor vehicles and motor ...

While North America’s petroleum wax supply has declined due to rationalization of API Group I base oil plants, the region accounts for more than 80 ...

Asia Leads in Wax Supply

April 16, 2020

Asia accounted for more than half of 11.2 billion pounds of global wax supply in 2019, leading in petroleum waxes in large part because of China refin ...

Calumet Specialty Products Partners L.P. announced yesterday it had acquired Paralogics LLC, a producer of candle and industrial wax blends based in M ...

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I base oils and waxes - plunged 52 ...

Wax Industry Feels Pressure

January 22, 2020

As the trade war between Washington and Beijing continues, the United States paraffin-based wax industry is feeling pressure as sales dip and alternat ...

The Indian government plans to sell its 53.29 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that is one of the countrys largest ...

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 ...

U.S. distributors and manufacturers of wax and wax products are bracing for the impact of new tariffs on Chinese imports, which went into effect Sept. ...

Sabic, Clariant Defer Union

August 13, 2019

Chemical manufacturer Saudi Basic Industries Corp., a 24.99 percent stakeholder in Clariant AG, said the two companies will temporarily defer discussi ...

A HollyFrontier subsidiary will acquire Sonneborn from private equity firm One Equity Partners for $655 million cash under an agreement announced yest ...

China continues to dominate the global wax market, but Indian suppliers are increasing sales domestically and abroad and could provide competition to ...

Slack wax from Russia and Uzbekistan is in high demand and selling for higher prices in Europe due to the holiday season in Poland and technical issue ...