Market Topics

Bulgarias Prista Oil is taking a step backward this year in terms of financial performance, but that is not deterring it from moving ahead with invest ...

Lubrizol Corp. reported Thursday that third quarter operating income for its Lubricant Additives segment rose 4 percent from the same period of 2004, ...

Chemical prices continue to rise, with several suppliers announcing new increases. Pilot Chemical, Dow, Goldschmidt Chemical and Lanxess all said they ...

Fuel has been the largest part of Chain Oil Co.s business, at least in terms of volume. But the Wixon, Mich., oil jobber sold those operations last mo ...

Base Oil Price Report

November 2, 2005

Posted prices in the U.S. base oil market were unchanged again this week, and observers said they see little to suggest they will move any time soon. ...

Chevron Oronite said last week that it has completed repairs at its Oak Point plant in Belle Chasse, La., and that the facility has sustained full-sca ...

A third South Korean refiner is preparing to join the base oil business. GS Caltex is finalizing plans to build a 15,000-barrel-per-day plant at its o ...

Chevron Products Co. said last week that its blending plant in Port Arthur, Texas, has resumed production following repairs of damage caused by Hurric ...

Valvolines profit for fiscal 2005 fell 14 percent from a year ago due to a combination of slower lubricant sales and higher raw material costs, parent ...

Base Oil Price Report

October 26, 2005

With its Lake Charles, La., refinery recovered from Hurricane Rita, Citgo said yesterday that it has rescinded a force majeure declaration for its bas ...

Alaska Airlines is facing new questions about lubrication of a tail assembly in its MD-80 series jets – the same assembly whose failure caused a ...

DaimlerChrysler’s Chrysler Group has launched the rebrand licensing program for its trademarked ATF+4 automatic transmission fluids. Four oil co ...

The U.S. base oil market apparently has begun to regain the first barrels of capacity knocked offline by Hurricane Rita. Citgo told Lube Report yester ...

Led by another significant drop in demand for process oils, U.S. lubricant sales volumes dipped 0.2 percent in the second quarter of 2005 compared to ...

Base Oil Price Report

October 19, 2005

Flint Hills Resources raised posted prices by 10 cents per gallon across the board Friday, completing an unusually drawn-out round of hikes for paraff ...

With the dust settled from hurricanes Katrina and Rita, the U.S. lubricants industry finds itself splitting at the seams – riddled with an unpre ...

Ineos Gobbles Up Innovene

October 12, 2005

In a case of the little fish swallowing the big fish, Ineos has agreed to buy BPs Innovene – an olefins and derivatives business that is more th ...

Spanish refiner Cepsa confirmed yesterday that it plans to close its base oil plant in Palos de la Frontera in February. The plant has capacity to mak ...

Munzing Chemie, parent of foam control additive supplier Ultra Additives, has opened an office in Shanghai and plans to install laboratory facilities ...

Base Oil Price Report

October 12, 2005

Two more suppliers joined the latest round of base oil price hikes in the United States, leaving just one that has not. Motiva said yesterday that it ...