This weeks activities have been curtailed by the May Day holidays here in Europe. As we approach summer the market is balanced, but with some interest ...
It was a slow week for many chemical shipping routes, made worse by the extensive Labour Day holidays celebrated worldwide. Even the U.S. Gulf to Asia ...
The lubricants industry was abuzz after a New York Post article Friday reported Ashland began shopping its Valvoline division to pay down debt, and sp ...
MOSCOW – Russian blenders have good opportunities to export because the global demand for Russian lubricants is rising, according to a consultan ...
Russian energy giant JSC Gazprom Neft announced last week the purchase from Chevron of a lubricant blending plant in Bari, Italy. The acquisition is G ...
Afton Chemical posted a record $50.1 million operating profit for the quarter ending March 31, up 33 percent from $37.7 million in the year-earlier pe ...
MOSCOW – Turkmenistans national oil company plans an expansion and upgrade, doubling capacity at the countrys only base oil plant to 160,000 ton ...
Quiet but steady characterizes the U.S. base oils market as it heads into end of April. There have been no recent posted price movements, and the supp ...
Talking with a number of suppliers and receivers this week, it would appear that for once both sides of the market are satisfied as to availabilities ...
The firmness in freights to Asia has to be contrasted with the softness in rates back out of Asia. Inbound Asian rates appear to have peaked, and whil ...
Holly Corp. will enter the lubricants market by buying Sunocos Tulsa, Okla., refinery, including its 9,500 barrel per day API Group I base oil plant, ...
TUCSON, Ariz. – ILSAC GF-5, the new passenger car engine oil specification slated for completion in December, will put better oils in motorists ...
Reflecting the exits of Marathon and Citgo from the market last year, base oil capacity in the United States stood at 202,400 barrels per day as of Ja ...
Galaxy Associates on April 10 acquired Challenge Inc., an Indianapolis-based manufacturer of metal finishing and metalworking chemicals. Terms of the ...
The U.S. base oil market was quiet this week, with no reported changes to posted prices. Sources report a slight uptick in paraffinic orders. At the c ...
For the first time for a long spell the European base oil market would appear to be relatively stable, with little price movement up or down. Even i ...
Demand for chemicals into China has continued at a strong pace, confounding those who declared that demand would dry up in May. Base oil demand too ha ...
Heartland Automotive Services Inc., the largest U.S. Jiffy Lube franchisee, issued a public apology and will pay $300,000 in fines after pleading guil ...
API CG-4 is headed for the graveyard of obsolete engine oils. The American Petroleum Institute’s Lubricants Committee has voted to discontinue l ...
Calumet Shreveport LLC agreed to pay $230,000 to resolve Clean Air Act violations stemming from an Oct. 30, 2008, incident at its Midway Street Lubric ...
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