Market Topics

Power Plant Leaks Lube Oil

November 25, 2009

Lubricating oil seeped out of a power plant in Cambridge, Mass., early Sunday morning, forming a sheen on the Charles River and leading to a partial s ...

Shell plans to close its lubricants distribution center in Laval, Canada, by the end of April 2010 in a move it claims will improve efficiency. Shell ...

Millers Oils recently acquired Falcon Lubricants, including its waste collection and disposal business. Terms of the transaction were not disclosed. ...

Hot ATF Sparks Recall

November 25, 2009

Risk of transmission fluid boiling over in heavy use and possibly causing a fire prompted Chrysler to recall more than 160,000 model year 2007 to 2008 ...

U.S. Base Oil Price Report

November 25, 2009

In advance of the long U.S. Thanksgiving holiday commencing Thursday, base oil market activity grew quiet as many participants stepped away from the w ...

The EMEA marketplace is seeing price decreases for the first time since the momentous base oil adjustments following the global economic downturn in 2 ...

SSY Base Oil Shipping Report

November 25, 2009

In a repeat performance of last week, European markets have visibly tightened. The U.S. Gulf is extremely busy into Asia, but other trade lanes from t ...

GF-5 Is Down to the Wire

November 18, 2009

The next passenger car engine oil upgrade, ILSAC GF-5, is hurtling towards the homestretch, but there’s still no guarantee that it will cross th ...

Wax Follows the Money

November 18, 2009

HOUSTON – The 9.6 billion pound global wax business is complicated, competitive and changing fast, as high-value applications grow and slack wax ...

Kost USA to Expand Production

November 18, 2009

A healthy 2009 has driven lubricants, chemicals and coolants supplier Kost USA to plan an approximately $10 million expansion, moving most of its prod ...

Russia Faces Lubes Slump

November 18, 2009

MOSCOW – LukOils Maxim Donde outlined gloomy prospects for the short term development of Russias lubricant market, citing impacts from the count ...

The United Kingdoms Health and Safety Executive fined a waste oil storage company 125,000 ($207,000) over a 2007 explosion and fire, and prosecuted th ...

U.S. Base Oil Price Report

November 18, 2009

U.S. base oil market conditions were already considered to be difficult given the past several months of climbing feedstock costs alongside a quiet po ...

Its been a week of mixed emotions, with very different attitudes adopted by sellers and buyers in response to a market which appears to be marking tim ...

SSY Base Oil Shipping Report

November 18, 2009

European markets have registered an increase in demand both locally and into Asia. U.S. Gulf is busy to Asia, but less so on other key routes. Asian m ...

LyondellBasell swiftly switched its naphthenic base oil and white oil marketing contracts to Calumet last week when a U.S. Bankruptcy Court in New Yor ...

Petrobras on Nov. 4 agreed to acquire Chevron Chile S.A.C., including a lubricant blending plant in Santiago with 15,900 cubic meters (14,000 metric t ...

DUBAI – The reduction of hostilities in Iraq is creating opportunities in the countrys lubricant market. It is a market that has a great deal of ...

3Q Mixed for Calumet, Fuchs

November 11, 2009

Independent refiner Calumet Specialty Products improved profitability on reduced sales for the third quarter compared to a year earlier, while German ...

U.S. Base Oil Price Report

November 11, 2009

This week ushered in the annual NPRA International Lubricants and Waxes meeting in Houston. With many base oils participants traveling for the event a ...