Market Topics

Synlube Sales Strong at Cognis

September 3, 2008

Cognis functional products business unit – which includes synthetic lubricants, mining technology, AgroSolutions and polymers, coatings and inks ...

Shell Lubricants Switzerland AG has transferred the sale and marketing of Shell lubricants, including aviation lubricants, for Switzerland and Liechte ...

Great Western Gets Nemco

September 3, 2008

On Monday, Canada’s GWC Services Ltd., parent company of Great Western Containers Inc., assumed ownership of Nemco Resources, a family-owned mot ...

Fouman Chimie and Sepahan Oil are moving forward with plans to build an API Group II base oil plant in Bandar Abbas, Iran. The project had been stalle ...

Naps Nipped in 1st Half

September 3, 2008

U.S. refiners produced 32.7 million barrels of base oil in the first half of this year, just a nose ahead of the 32.5 million barrels produced in the ...

Citgo Petroleum Corp. wants to sell both its finished lubricants and its base oils businesses — preferably together, according to a Goldman, Sac ...

U.S. Base Oil Price Report

August 27, 2008

U.S. base oil activity was described as slow this week, with players apparently enjoying the last of the summer holidays. Moreover, sources suspect th ...

GB Oils Ltd. has reached an agreement to acquire Chevrons equity distributor business in the United Kingdom, a 21.9 million (U.S. $40.3 million) deal ...

Truck Makers Laud Axle Lube

August 27, 2008

A new, fully synthetic axle lubricant is now standard on Peterbilt and Kenworth Class 5 to 8 model trucks in the United States and Canada. Paccar, par ...

SAE Forum Tackles OEM Specs

August 27, 2008

SAE International will hold an open forum Oct. 7 to hear from heavy-duty OEMs, additive companies and lube marketers about the conflicting needs of OE ...

KUALA LUMPUR, Malaysia – Additive companies spend heavily to meet the latest engine oil specifications, but huge volumes of lower tier oils are ...

Chevrons planned world-scale Pascagoula, Miss., base oil plant, announced last week, will focus on the North American and European premium base oil ma ...

U.S. Base Oil Price Report

August 20, 2008

U.S. base oil market conditions were little changed over the past week. It appears that the supply/demand situation is still leaning in favor of produ ...

Ciba Additive Sales Up

August 20, 2008

Cibas plastic additives segment, supported by growth in lubricant additives sales, posted net sales of 1.03 billion Swiss francs (U.S. $944.66 million ...

Wyoming-based Quality Petroleum, a distributor of Chevron and Shell lubricants, has been acquired by Lubrication Services LLC (LSi), of Oklahoma City, ...

Mill Hall Gets a Makeover

August 20, 2008

Croda International is expanding capacity and upgrading equipment at its specialty esters manufacturing facility in Mill Hall, Pa. While it is still ...

KUALA LUMPUR, Malaysia – Refining trends in China are pointing to an unprecedented level of downstream cooperation that could lead to higher bas ...

The fastest-growing segment of the power generation industry is wind, which is on track to expand by over 45 percent in the United States this year, s ...

U.S. Base Oil Price Report

August 13, 2008

The U.S. base oil market remained quiet on the pricing front this week amid weaker crude oil values. But pressure is building from the buy side, as co ...

Bel-Ray Co. has formed a new partnership in Russia with Texoil, which will distribute Bel-Rays general industrial and No-Toxlubricants across the coun ...