Market Topics

A Sept. 22 fire at Citgo’s refinery in Lake Charles, La., has hampered production of base oil at the adjacent Cit-Con facility. The blaze began ...

GF-3 Wobbly Out of the Gate

September 26, 2001

If lubricant producers hoped for more comfortable margins for the newest generation of passenger car motor oils, they may be disappointed by early ind ...

Phillips Petroleum Co. announced that it has completed its purchase of Tosco Corp. after receiving regulatory clearance from the U.S. Federal Trade Co ...

$2.4 Billion Buys Cognis

September 19, 2001

Bio-synthetic chemical producer Cognis has been purchased by two investment firms which plan to keep its business model and steer the company toward a ...

Industry Meetings Cancelled

September 19, 2001

At least two lubricants industry conferences have been called off in the wake of Sept. 11 terrorist attacks in New York and Washington, D.C. Noria Cor ...

Base Oil Price Report

September 12, 2001

By Tim Sullivan U.S. base oil producers reported no price changes in the wake of terrorist attacks in New York and Washington, D.C. Tuesday. One marke ...

The World Tribology Congress will cross the Atlantic in 2005, as the International Tribology Council has voted to hold the meetings third edition in W ...

Results of a U.S. lubricant industry salary survey paint a typical sales and marketing professional as a 46-year-old 16-year veteran who earns approxi ...

Chevron and Texaco have cleared the major regulatory hurdle to their $34.4 billion merger and have now committed Texaco to divesting its interests in ...

Contrary to some media reports, base oil refiners said operations at facilities along the Gulf of Mexico were not altered in the wake of Tuesdays terr ...

Base Oil Price Report

September 5, 2001

Base oil prices have been relatively stable this summer and suppliers said they foresee no reason for that to change in the near future. After steadil ...

As her previous employer, Texaco, prepared to shed its interest in the Equilon and Motiva joint ventures, Equilon Lubricants President Louise Nemanich ...

D.A. Stuart Selling L.A. Plant

September 5, 2001

D.A. Stuart Co. plans to sell its Los Angeles lubricant plant, apparently to Goldenwest Lubricants Inc., of South El Monte, Calif. Officials at Warren ...

Conoco Sells Cit-Con Stake

September 5, 2001

In a deal that signals Conoco’s focus on Group II and III base stocks, the Houston energy company has agreed to sell its share in the Cit-Con lu ...