Market Topics

Base Oil Price Report

May 18, 2005

After sagging over the past year, base oil exports out of Europe appear to have picked up the past couple months. Still, observers say the rebound has ...

Crompton Corp. and Great Lakes Chemical Corp. announced last week that they plan to adopt the name Chemtura Corp. following the completion of their pr ...

Fuchs’ Profits Swell

May 18, 2005

Fuchs Petrolub AG on Friday reported that its profit for the first quarter of 2005 increased 42.4 percent from the same period of 2004, an improvement ...

EU Lube Market Shrinks

May 18, 2005

EDINBURGH – Lubricant sales volumes in the European Union declined 3.3 percent in the first nine months of 2004, compared to the same period of ...

HOUSTON – APIs 2004 engine oil Aftermarket Audit Program uncovered significant nonconformance by two licensees out of 529 total license holders, ...

As Eastern Europe moves westward in a political sense, Western manufacturers are moving eastward in a physical sense. And that spells opportunity for ...

Base Oil Price Report

May 11, 2005

Buyers and sellers said the U.S. base oil market remains in a period of relative calm after a raucous runup in prices in March and April. Posted price ...

Lubricant supplier Acrotech Industries said it recently acquired Panef Corp., a Milwaukee-based packager of oils and greases. Acrotech said it was att ...

Valvoline announced last week that it has agreed to buy Car Brite, a line of automotive reconditioning products, for an undisclosed amount. Valvoline ...

ChevronTexaco announced Monday that it has changed its name to Chevron Corp., reverting to an identity used before the 2001 merger of Chevron and Texa ...

Higher raw material costs ate away at profits of two metalworking fluid suppliers during the first quarter of 2005. Quaker Chemical Corp. said last we ...

Dover Chemical Corp. has offered to buy the Pioneer Companies chlorinated paraffins plant in Cornwall, Ontario, according to plant employees. If compl ...

Base Oil Price Report

May 4, 2005

Motiva told customers this week that it will postpone a maintenance turnaround that had been scheduled for June at its giant Port Arthur, Texas, base ...

Paradigm Media Group is moving ahead with its plan to spotlight lubricants on the small screen, but it will have to do so without help from the Indepe ...

The Marathon Ashland Petroleum base oil plant in Catlettsburg, Ky., seems likely to become the sole property of Marathon Oil Corp., now that MAPs owne ...

MUMBAI, INDIA – Gulf Oil Corp. on April 20 announced an agreement to buy a controlling share of its parent companys subsidiary in China, part of ...

Sun Sets on GF-3

May 4, 2005

Friday marked the expiration of licenses issued by the American Petroleum Institute for engine oils meeting the ILSAC GF-3 passenger car motor oil spe ...

Base Oil Price Report

April 27, 2005

U.S. base oil prices have stabilized for the moment, but observers say that is no reason to believe the calm will last. For the first time in eight we ...

Kendall motor oils are now offered at 1,800 U.S. Goodyear Gemini tire and auto service outlets, according to an announcement Monday by Kendall owner C ...

DETROIT – More consumer education and more government enforcement were two of the reactions to the significant volumes of unlicensed motor oils ...