Market Topics

Sales of four-wheel automobiles in Southeast Asia decreased 2% in 2023, while sales of motorcycles and scooters rose 4%, according to Asean Automotive ...

Correction

February 7, 2024

An article in the Feb. 1 issue incorrectly implied that a licensing agreement between BASF and Lubrizol covers all of the Emgard and Plurasafe lines. ...

The United States exported 74% more in November than the same month last year and also imported 36% more base oil, according to government agency data ...

Brazil’s base oil imports volume surged 48% in December, compared to the same month last year, while the full-year 2023 total was up 9% from 2022’ ...

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year of 2023 but achieved a health ...

U.S. Base Oil Price Report

February 7, 2024

There was still no clear indication whether this spring season would be stronger in terms of base oils demand than last year’s, but most suppliers r ...

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Aminol, one of the largest lubricant marketers in Azerbaijan, produced 46,000 metric tons of finished products in 2023, most of which shipped to forei ...

Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a drone purportedly launched by ...

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Vickers Oils announced it has built a lubricant blending plant in the Leeds, United Kingdom, area dedicated to production of food-grade lubricants. Of ...

EMEA Base Oil Price Report

February 6, 2024

The Middle East conflict deepened the past week as the United States attacked multiple sites in Syria and Iraq that it claimed were home to militias i ...

SK Enmove and Hyundai Motor Group entered an agreement last week to jointly develop refrigerants for heating and cooling the passenger compartment in ...

Hongrun Petrochemical Technology Co. has commissioned a white oil project that includes an API Group III plant at its oil refinery in Weifang, Shandon ...

Japan’s finished lubricant demand edged up 1% in 2023, while its lubricants production declined 6%, according to data released Jan. 31 by a governme ...

Asia Base Oil Price Report

February 2, 2024

Despite soft demand due to economic uncertainties affecting several countries in Asia, some base oil prices have edged up because of tightening condit ...

This year could be pivotal in the struggle to keep the planet spiralling into an irreversible climate catastrophe.

U.S. Base Oil Price Report

January 31, 2024

The first signs that base oil demand might be starting to perk up emerged during the week, but it was still too early to ascertain whether this meant ...

BASF and Lubrizol struck a deal last week for the latter to produce and distribute several products from two lines of industrial lubricants under BASF ...

Renewable base stock supplier Novvi emerged from voluntary bankruptcy last week with a new ownership structure and a capital infusion aimed at helping ...