Market Topics

Oil Leak Sparks GM Recall

April 15, 2009

Risk of an engine fire from leaking motor oil this week prompted General Motors to recall a total of nearly 1.5 million model year 1997 to 2003 Buicks ...

Lubes Reactor Blows

April 15, 2009

A reactor used for making lubricants exploded Sunday evening at a SantoLubes plant in St. Charles, Mo., injuring an employee and starting a two-alarm ...

Tri-County Petroleum Inc. has acquired the automotive division of Loos and Dilworth Inc. and Loos and Dilworth Co. from shareholders Rick Campbell and ...

WD-40 Co. on April 7 reported net income of $4.1 million for its second quarter ending Feb. 28, down 52.9 percent from the same quarter in 2008. Ear ...

It was a fairly quiet week for trade in the U.S. base oil arena. Producers appear to be sizing up the supply/demand situation while contemplating impr ...

Europes base oil market remained quiet this week. It was difficult to realise any changes in the pricing bands established in the various areas in the ...

It has been another week of intense activity on routes into Asia from Europe, the United States and Middle East, and freights have climbed even higher ...

Royal Purple Ltd. was black and blue after BP Lubricants USA took it to task over advertising claims for its synthetic motor oil, finding a receptive ...

Rafinerija ulja Modrica thisweek began producing hydrocracked base stocks at its reconstructed plant in Modrica, Bosnia and Herzegovina. The Modrica r ...

Nynas Adds Houston Hub

April 8, 2009

Nynas Naphthenics is building a blending and storage hub in Houston with 25 tanks and 55,000 cubic meters of storage capacity to help meet growing dem ...

Used oil recycler Baufeld shut down its Duisburg, Germany, rerefinery last month in conjunction with an expansion by parent company Puralube. The comb ...

Atlantic Pacific Automotive LP has acquired Keltner Enterprises, which distributes motor oil, chemicals and aftermarket parts throughout the United St ...

Cognis functional products business unit – including its synthetic lubricants business – reported sales of 948 million (U.S. $1.3 billion) ...

The U.S. base oil market scrambled to redefine pricing normalcy this week. The shuffle between the buy and sell sides followed the round of price cuts ...

What a difference a week makes. Base oil pricing has splintered into regional variations; instead of clear movement across the European market, certai ...

The past couple of weeks have seen a wave of chemical cargoes fixed to Asia, with material from the U.S. Gulf, Europe and Middle East. The United Stat ...

Petro-Canada and Suncor Energy plan to merge in a common share exchange which a Bloomberg report estimated at Canadian $19.3 billion (U.S. $15.8 billi ...

Quaker States invitation to the Castrol, Valvoline and Mobil 1 brands to participate in a motor oil challenge to decide whose synthetic motor oil has ...

King Industries confirmed that it has gone through two rounds of reductions in force, at the beginning of the year and again in mid-March. The private ...

UK Blend Plant Folds

April 1, 2009

A Houghton International Inc. lubricant blending plant in Wolverhampton, U.K., is scheduled to be closed at the end of this month, a casualty of the g ...