Market Topics

The Lubrizol Corp. will close its Niagara Falls, Ontario, additives blending, packaging and warehouse facility because of low toll processing volumes ...

RohMax, maker of Viscoplex-branded additives, yesterday opened its 10 million (U.S. $15.6 million) manufacturing facility on Jurong Island in Singapor ...

Infineums a Keeper

July 30, 2008

Royal Dutch Shell PLC and Exxon Mobil Corp. have decided against selling Infineum International Ltd., the additives joint venture formed in 1999 throu ...

Flint Hills Resources raised its postings for API Group II base oils, upping prices between 20 cents and 35 cents per gallon on Friday, July 18. The p ...

Solutia Inc. recently said it would raise prices on its aviation hydraulic fluids, and Oxea announced an increase in prices on a polyalcohol used in s ...

Oil products marketer Petroser said last week it is nearing completion of a lubricant blending plant being built in partnership with BP in Western Alg ...

Trico Buys Predict

July 23, 2008

Trico Corp. has acquired Predict USA, an Ohio-based provider of used lubricant analysis, wear particle analysis (ferrography), vibration analysis, ult ...

KUALA LUMPUR – Chinas annual demand for base oils will jump 15 percent from 2007 to 2008, to more than 6.6 million metric tons, and will top 8.3 ...

Afton Chemical Corp. will open a new research and development facility near Shanghai by the end of this year, to speed up turn-around time and better ...

Oil Filter Price Fixing?

July 23, 2008

The Antitrust Division of the U.S. Department of Justice is investigatingthe automotive oil filter industry on charges of price fixing, bid rigging an ...

ConocoPhillips and Cross Oil announced price hikes from as little as 10 cents to as much as 45 cents per gallon on API Group II and III and naphthenic ...

Chemtura last week announced price increases on sulfonates, alkylated diphenylamine and high viscosity PAO. Meanwhile, Oxea announced price increases ...

Hill Claims Cox Oil

July 16, 2008

With a $14 million line of credit in its pocket, Hill Enterprises, which does business as Hill Petroleum, has acquired fellow Colorado lubricant and f ...

Lubrizol will transfer its metalworking additives business from Spartanburg, S.C., to its Wickliffe, Ohio, headquarters in the third quarter of 2009. ...

Ashland Inc. will acquire Hercules for $3.3 billion in a transaction expected to close by the end of this year. Hercules provides a variety of special ...

Dow will acquire Rohm and Haas Co. for $18.8 billion under an agreement announced Thursday. Dow plans to contribute complementary businesses, includin ...

MWF Firms Join Forces

July 16, 2008

Houghton International Inc. has signed an agreement to acquire D.A. Stuart Co., bringing together two key metalworking fluid manufacturers. Both compa ...

Shell remained the global market share leader in finished lubricants in 2007, with a 13 percent share, according to consultancy Kline and Co., which e ...

Adding to the mix of recently issued price hikes, API Group III producer SK and naphthenic supplier San Joaquin Refining are seeking 30 to 45 cents pe ...

Jiffy Lube International named Rick Altizer president effective Aug. 1, and Castrol Industrial North America named Todd Mitchell president of its indu ...