Market Topics

ExxonMobil Names Lubes Chief

December 5, 2001

ExxonMobil Corp. on Monday named Jerry Kohlenberger president of ExxonMobil Lubricants and Petroleum Specialties Co. Effective Jan. 1 he will succeed ...

Fuchs Petrolub AG reported that its sales for the first nine months of 2001 increased 5.6 percent from last year, despite a decrease in global lubrica ...

ExxonMobil Corp. has reached an agreement to buy Indian Oil Corp.s 50-percent stake in Indo Mobil Pvt. Ltd. This isthe latestbreak-up of a lubricants ...

Syntroleum Corp. has secured all major contracts necessary for construction of its gas-to-liquids specialties plant in Western Australia. But the proj ...

Base Oil Price Report

November 28, 2001

ExxonMobil yesterday announced an across-the-board price reduction of 7 cents per gallon in base oil prices, a move expected to spur similar cuts by o ...

Indian Oil Corp. Ltd. last month launched a promotion to provide personal accident insurance to purchasers of its Servo brand motor oils. The campaign ...

Diesel Oil Nearly Set to Roll

November 28, 2001

With approval of the next generation of heavy-duty engine oils apparently imminent, the first products could hit the market as early as next month. Th ...

Large portions of the worlds base oil market are, according to William R. Downey Jr., ripe for change. And it is a safe bet, he maintains, that petrol ...

Automakers Turn Up Heat on API

November 28, 2001

Automakers have again requested a revamped engine oil development process — one where they hold all the reins in setting needs, deadlines and li ...

Base Oil Price Report

November 21, 2001

U.S. base oil suppliers and buyers said this week that the market remains robust despite the growing likelihood of impending price cuts. One marketer ...

Lubrizol and GE Uncouple

November 21, 2001

The Lubrizol Corp. and GE Transportation Systems have dissolved a 16-month-old joint venture aimed at developing fluid monitoring and fluid management ...

Lubricant demand in Western Europe declined slightly in 2000, as a decrease in consumption of automotive products outweighed growth in the industrial ...

The newly proposed merger of Phillips Petroleum Co. and Conoco Inc. would combine a broad range of lubricants assets and operations. But the different ...

Base Oil Price Report

November 14, 2001

U.S. base oil suppliers continued leaning toward price cuts this week, even as the OPEC cartel pushed its campaign to raise crude oil prices. Crude ro ...

Saudis to Build LAO Plant

November 14, 2001

Saudi Basic Industries Corp. announced that it has co-developed a linear alpha olefin technology that will be the basis for a 150,000-metric-ton plant ...

HOUSTON — Motor sports arent just for fun, at least not for Lubrizol Corp. An official with the Cleveland, Ohio, additive maker told the Nationa ...

HOUSTON — Gas-to-liquids base oils may be a long time coming to the lubricants industry. They still have obstacles to overcome, such as large ca ...

Base Oil Price Report

November 7, 2001

With crude oil prices remaining soft, U.S. base oil suppliers said that prices for the main lubricant ingredient could fall again in the near future. ...

Ashland Shuffles Executives

November 7, 2001

Ashland Inc. yesterday announced a management reorganization including the appointment of Valvoline President James J. OBrien to head the parent compa ...

Despite an 86 percent drop in third-quarter profits, Pennzoil-Quaker State officials contended that the companys performance is improving after a rest ...