Market Topics

In a surprise move on Oct. 3, Indias Cabinet Committee on Disinvestment came up with a proposal to split Indian Oil Corp., Indias only Fortune 500 com ...

H&R Buys BP Specialties

October 15, 2003

Specialty chemical company H&R Wasag AG will buy BPs European specialty products business, including its base oil refinery in Neuhof, Germany, th ...

Houghton International recently sold its ferrous wiredrawing lubricants division to North American Lubricants and Chemicals Inc., a small start-up for ...

Base Oil Price Report

October 15, 2003

Petro-Canadas base oil refinery in Mississauga, Ontario, will not return to full production until at least next week or possibly the following week, a ...

Whereas a majority of car owners once performed their own engine oil changes, today most pay someone else to do it for them. A new study says the same ...

U.S. lubricant sales for the second quarter of 2003 were 8 percent lower than the same period of 2002, according to the latest Quarterly Lubricant Sal ...

Aspen Chemicalis nowcarrying the products of two additional companies in the northeastern United States. Uniqema announced last week that it has appoi ...

Base Oil Price Report

October 8, 2003

North American purchasers of Group II base oils were looking forward this week to the resumption of normal operations at Petro-Canadas Lubricant Centr ...

Hundreds of lubricants stand to be dropped in three months from the world’s most widely recognized registry of food-grade products as NSF Intern ...

Three years after it was created to commercialize lubricants made from soybean oil, Environmental Lubricants Manufacturing Inc. has moved out of its q ...

Ergon Refining Inc. announced Tuesday that it has entered into voluntary agreements with the U.S. Environmental Protection Agency and state agencies t ...

Two courts have approved the merger of Chemoleums Ltd. into Caltex Lubricants India Ltd., clearing the way for a deal that enlarges Caltexs footprint ...

Base Oil Price Report

October 1, 2003

As the calendar year begins its final quarter, some U.S. base oil producers say they are still holding out hope for a bump in demand ahead of the lubr ...

Chinese oil giant Sinopec decided recently to begin selling its flagship line of motor oils through its expansive network of gasoline stations – ...

The bumpy path of disinvestment in Indian oil majors Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. hit its biggest roadblock last wee ...

The Technical Association of the European Lubricants Industry — ATIEL — this summer adopted a definition for a sixth group of lubricating ...

Shell Oil Products US has begun closing its lubricant blending plant in St. Louis and expects to have the facility fully shuttered by mid-October. The ...

Base Oil Price Report

September 24, 2003

U.S. postings for paraffinic base oils were unchanged again this week. The price of crude oil on the New York Mercantile Exchange closed at $27.65 per ...

GF-4 Stays on Track

September 17, 2003

ROMULUS, Mich. — Sept. 4 saw the end of the 30-day comment period for the new gasoline engine oil quality upgrade, GF-4, with no technical imped ...

Quick-lube Profits on the Rise

September 17, 2003

American and Canadian quick-lube centers served more customers and earned better sales and profits last year than they did in 2000, according to surve ...