Market Topics

Shell Harburg Is for Sale

March 11, 2009

Royal Dutch Shell confirmedMarch 12that its base oil plant in Harburg, Germany, is for sale along with the surrounding refinery, contrary to an articl ...

Wal-Mart Tire & Lube Express topped all the oil change lists with 2,515 total U.S. stores, bypassing Jiffy Lubes 1,999 outlets and reflecting the ...

Dow described its acquisition of Rohm and Haas as an $18.8 billion transaction which resolved Rohm and Haas litigation against Dow and makes Dow the l ...

LONDON – The European Unions new Waste Directive strongly favors rerefining used oil over burning for energy recovery, and as a result, rerefine ...

Coastal Blending and Packaging will distribute Commonwealth Oils metalworking fluids, electric discharge machining products, and food grade lubricants ...

Dow Chemical and Oxea each announced price hikes last week for a variety of solvents. Midland, Mich.-based Dow announced March 3 it would raise price ...

As posted U.S. base oil prices rolled into their fifth straight week of stationary status, suppliers report a notable uptick in demand. However, year- ...

Could prices in the base oil market be on the turn? There have been reports this week of producers around the region maintaining and even trying to in ...

Cargoes continue to flow into Asia from the United States and Europe, and the transatlantic routes remain buoyant, but elsewhere it has been a steady ...

LONDON – With preliminary 2008 data in hand, Apu Gosalia of Fuchs Petrolub ventured that global lubricant demand fell by 2 to 4 percent from 200 ...

Lubrizol last week signed a consent order with the U.S. Federal Trade Commission, agreeing to void a 2007 noncompete agreement with Lockhart Chemical ...

With the Mar. 31 target for completion of a maintenance turnaround at Kaduna Refining and Petrochemical Co. and its 110,000-metric-ton base oil plant ...

Quaker Chemical eliminated more than 80 positions last quarter and is letting 50 go this quarter, in the face of falling customer demand for metalwork ...

Specialists from the U.S. Nuclear Regulatory Commission are conducting a special inspection at the Cooper Nuclear Station near Brownville, Neb., in re ...

U.S. base oil activity remained sluggish as the calendar flipped to March, but a few sellers said they see fresh signs that customer requirements are ...

Its a very weak market with prices sliding slightly yet again, and players find it difficult to believe that base oil levels can fall further, with al ...

We have noticed a distinct tightening of space on several key trade lanes. Of particular note are those routes from the U.S. Gulf and Northwest Europe ...

Several major oil companies notified customers of finished lubricant price drops in recent weeks, although industry sources indicate a wide chasm rema ...

Chevron Eyes Europe’s E9

February 25, 2009

LONDON – Chevrons planned 25,000 barrel per day API Group II base oil plant in Pascagoula, Miss., wont open its doors before late 2011, but its ...

A partner in the Finnish joint venture L&T Recoil Oy said last week that it is nearing completion of a 60,000-metric-ton base oil rerefinery in Ha ...