Market Topics

Within Europe, the run of cargoes has dried up somewhat this week, and one or two outbound deep-sea routes look a little flat. The Americas are reason ...

Chevron has slowed construction on its 25,000 barrels per day Pascagoula, Miss., base oil plant to take advantage of the current lower cost environmen ...

Henkel last week informed the 89 employees at Acheson Colloids Port Huron, Mich., plant that the site will close at the end of 2010, due to severe und ...

Independent refiner Calumet Specialty Products reported a net loss for the second quarter, Quaker Chemicals second quarter earnings went down from a y ...

Is Asia Ready to Rerefine?

August 12, 2009

KUALA LUMPUR, Malaysia – You need investment, at least U.S. $50 million for an 80,000 ton-per-year plant, and you need a reliable supply of used ...

U.S. Base Oil Price Report

August 12, 2009

This weeks U.S. base oil activity fell quiet, resuming the more traditional behavior found during the latter part of summer and particularly mid-to-la ...

It was another rather slow week for base oils, with most European players taking advantage of the holiday period, and those in the Middle East getting ...

The fortunes of the European coastal markets were revived with an influx of new business that caused space to tighten. Asia too has benefited from a s ...

Its Shell by a Nose

August 5, 2009

Shell remained the leader in global market share of finished lubricants in 2008, with a 13 percent share, edging out second place ExxonMobil, reported ...

Neste Idles PAO Plant

August 5, 2009

Neste Oil has shut down its 60,000 metric tons per year polyalphaolefins plant in Beringen, Belgium for four weeks in July-August, the refiner announc ...

Lubrizols additives segment and New Markets Afton Chemical additives subsidiary each saw an improvement in operating profit for the quarter ending Jun ...

2Q Tough on S-Oil

August 5, 2009

South Korean base oil refiner S-Oils lubricants division reported declines in operating profit and revenue for the quarter ending June 30, compared to ...

Croda International said it plans to cease production at its Wilton, U.K., site at the end of January 2010 because of Dows plans to close a nearby eth ...

Fuchs Lubricants has acquired Dylon Industries, which manufactures forging lubricants and other metalworking lubricants. Terms of the transaction, ann ...

British consultancy Ricardo plc has proposed a consortium of oil, lubricant additive and automotive companies to evaluate and research the lubricant c ...

With crude shooting over$70 per barrel, players apprehensive about base oil price hikes had their suspicions confirmed this week. All naphthenic produ ...

With most of mainland Europe on holiday, contracts and business already booked are of course continuing, but general enquiries and spot deals are miss ...

The peak holiday season in Europe has induced a kind of lethargy that has afflicted some, but not all, European coastal trades. The market in the Amer ...

Bulk-oil Bilkers Beware

July 29, 2009

Warren Oil Co. on Friday said it will begin using tracers in several of its lube oils as early as September, after learning that some bulk distributor ...

KUALA LUMPUR, Malaysia – Shipping rates have plunged, and experts predict some ship owners will not survive the recession. While the global base ...