Market Topics

Castrols industrial lubricant business has scrapped a market-based structure adopted last year in favor of focusing its organization again on geograph ...

Union members on Friday ratified a four-year contract covering ChevronTexacos Richmond, Calif., complex, including its 14,000 barrel-per-day base oil ...

Grocery and convenience stores have surpassed service stations as the most numerous U.S. outlets for motor oil, according to a new report by the Autom ...

Base Oil Price Report

February 27, 2002

U.S. base oil suppliers this week completed an expected but ragged round of price cuts, triggered by ExxonMobils reductions Feb. 20. All other princip ...

SAE Retools Fall Meeting

February 27, 2002

Trying to foster cooperation between the lubricant industry and powertrain designers, SAE International has retooled its former Fall Fuels and Lubrica ...

Metallo Out at ILMA

February 27, 2002

The Independent Lubricant Manufacturers Association is looking for a new executive director after the abrupt departure last week of Michael C. Metallo ...

Toyota Motor Sales USA has made a one-time offer to cover repair of customer vehicles that have been damaged by engine oil gelation. Toyota emphasized ...

Base Oil Price Report

February 20, 2002

ExxonMobil this week announced that it will lower base oil prices again, a move likely to trigger the fourth round of cuts in just over four months. O ...

Newly Spun Cognis Restructures

February 20, 2002

Fresh from its spin-off by Henkel, Cognis has unveiled a streamlined organizational structure aimed at increasing flexibility and speeding decision-ma ...

Already facing a tall task to finance its Sweetwater gas-to-liquids plant, Syntroleum Corp. has suffered another setback in the loss of bankrupt energ ...

With final approval from the U.S. Federal Trade Commission, a trustee on Feb. 13 completed its sale of Texacos shares in the Equilon and Motiva partne ...

Base Oil Price Report

February 13, 2002

U.S. lubricant blenders may be looking wistfully to Europe these days. Despite recent drops in domestic U.S. base oil prices, the spread for European ...

In announcing its 2001 financial results yesterday, Milacron Inc. said its Metalworking Technologies division earned $19.9 million, down from $70.7 mi ...

Independent lubricant blenders entered the ASEAN marketplace just two decades ago, and today they number over 100. Total annual demand for lubricants ...

Declaring its intention to survive steel industry consolidation, Quaker Chemical Corp. on Thursday announced that it is buying United Lubricants Corp. ...

Base Oil Price Report

February 6, 2002

With the U.S. base oil market continuing to hibernate, suppliers have a bit of time to wonder when, and to what extent, demand will again increase. Lu ...

Lubrizol Corp. said Monday that it has agreed to buy Chemron Corp., a specialty surfactant formulator and producer based in Paso Robles, Calif. Wickli ...

Despite a regulatory hitch, BP has purchased a 51-percent stake in Veba Oel Group, creating a partnership that is the largest lubricant marketer in Ge ...

SINGAPORE-Chinas admission to the World Trade Organization on Dec. 11, 2001 will bring down tariffs and trade barriers, and is opening the country to ...

Several lubricant and additive companies this week reported year-end financial results that, while lackluster, hint at the beginnings of a rebound for ...