Market Topics

ExxonMobil, Chevron, Flint Hills Resources, Holly, ConocoPhillips, Valero, Calumet and SK stepped out with plans to raise API Group I, II, II+, III an ...

Disarray, arguments and disagreement are the flavours of the week. Producers are maintaining their bullish stance with price hikes, which some buyers ...

Intra-European enquiries are keeping short-haul tonnage active while export opportunities continue at a mild pace. Though enquiries for Asian exports ...

SK to Spin Off Lubes?

July 8, 2009

SK Energy plans to spin off its lubricant business, according to a South Korean Yonhap News Agency report cited by Bloomberg on Friday. Yonhap, quotin ...

KUALA LUMPUR, Malaysia – Expect 2009 to be a really tough year for the base oil business, an industry pundit predicts, with the global recession ...

KUALA LUMPUR, Malaysia – Australia is a big country with a small population and a taste for high-quality lubricants, where most base oils and a ...

Unioil Petroleum Philippines Inc. is targeting five different regions in the Philippines as part of an expansion program for its automotive and indust ...

Kraton Polymers announced upcoming price increases for polymers used in lubricants, while Arkema and Oxea have upped prices for solvents and oxygenate ...

At first it appeared the U.S. market had a hard time rolling back into action following the extended July 4thcelebratory weekend. But on Tuesday, Moti ...

A very quiet week after the significant price hikes over the last two weeks, and with start ups in Spain, with Repsol back into production at Cartagen ...

European markets have been boosted by a steady stream of new intra-European enquiries. Asian export enquiries have begun to trickle in too, which will ...

KUALA LUMPUR, Malaysia – Koreas SK Energy plans to double its production of high-quality API Group III base oils to 48,000 barrels per day, open ...

As of Oct. 1 this year, used oil filters in North Carolina can no longer go in the trash. The law applies to oil filters changed by commercial oil cha ...

KUALA LUMPUR, Malaysia – While lubricant and base oil demand collapsed in most of the world, Chinas appetite for oils keeps climbing. Expect fin ...

A bankruptcy court in Cincinnati approved the sale of Milacrons assets to a group of existing investors for an estimated $175 million on Friday, with ...

Pilot Chemical and BASF each announced price increases for chemicals used in manufacturing of metalworking fluids and lubricants, Dow raised prices on ...

In a late-breaking announcement, Valero revealed its plans to raise several posted prices between 15 and 25 cents per gallon. Otherwise, U.S. base oil ...

The base oil market never ceases to amaze. Throughout the whole of the EMEA region API Group I grades are now considered to be in short supply and the ...

Is the summer lull about to begin? The United States is fairly robust, but more ships are beginning to show up in July. Europe has been quiet on the c ...

BP Lubricants agreed to withdraw its challenged advertising for Castrol GTX motor oil after a National Advertising Review Board panel recommended it d ...