Market Topics

Afton Chemical has entered a long-term chemical processing agreement with toll manufacturer Chemical Specialties (Singapore) Pte Ltd. to improve its s ...

SK Confirms Spin-Off

July 29, 2009

SK Energys lubricants division, which recorded a 73.6 billion South Korean won (U.S. $59.1 million) operating loss in the second quarter, will be spun ...

Lubricant blender Valvoline reported record operating income of $95 million for the quarter ending June 30, a 265 percent jump from $26 million in the ...

Lukoil-Neftekhim announced last month that it will close an ethanolamine plant at its refinery in Burgas, Bulgaria. A spokesman for parent Lukoil said ...

Dover Chemical Corp. now commercially produces PIBSA and derivative products at its Hammond, Ind., facility. PIBSA is a chemical intermediate used in ...

The U.S. base oil market appears to be in a holding pattern, with little change noted in buying or supply. Some sources said heavy grades and bright s ...

Stability may have been reached, but the truth of the matter is that one week is too short a time in the base oil market to set any overall pricing tr ...

A number of routes reported increases in demand and a slight strengthening of freight rates. Transatlantic in both directions saw more enquiries, and ...

ROBO Is Ready to Roll

July 22, 2009

ASTM International has published RohMaxs ROBO, a bench test designed to replace the more expensive Sequence IIIGA engine test in the new ILSAC GF-5 en ...

Dow Chemical plans to close its ethylene oxide and glycol production facility at Wilton, U.K., by the end of January 2010, citing economic impacts fro ...

KUALA LUMPUR, Malaysia – Competition, internal market changes and the global recession are influencing the direction of Chinas 5.5 million ton l ...

The U.S. Department of Energy on Thursday announced a $745,000 grant to Dow Corning to develop a lifetime lubricant for gearboxes to increase the effi ...

Overall demand for base oils in the U.S. is described as picking back up, after nearly grinding to a stop from late June to mid-July. Sources from bot ...

With scant activity on the base oil scene, the few players around are attributing the slowdown to the European and Middle East vacation period which i ...

The markets retain an air of despondency. Owners are attempting to hold onto present freight rates, but the overhang of tonnage is making itself felt. ...

A third-party independent laboratory began testing motor oil samples from Shell installers in Detroit this month, part of a Shell Lubricants campaign ...

Dow, BASF Pare Down

July 15, 2009

Dow Chemical recently outlined a restructuring plan calling for shutdown of several ethylene-related manufacturing assets in Louisiana, while BASF is ...

Base Oils Beyond GTL

July 15, 2009

KUALA LUMPUR, Malaysia – Looking beyond gas-to-liquids, governments and private enterprises are eyeing other carbon sources of clean fuels that ...

PetroCard Systems has acquired Estacada Oil and its Northwest Petroleum lubricants division, extending the ExxonMobil lube distributors reach into nor ...

WD-40 on July 8 reported $6.9 million in net income for its third quarter ending May 31, down 14.6 percent compared to the year-ago period. Earnings ...