Market Topics

E-Ion Expands R&D

August 13, 2008

E-Ionhas created a wholly-owned Center for Innovation and Commercial Development, led by Boris Zhmud, to expand the privately-held companys friction-m ...

Three Hike Chemical Prices

August 13, 2008

Texas Petrochemicals raised prices for its polyisobutylenes used in lubricant and fuel additives, Dow hiked prices for its oxygenated solvents, and Kr ...

Prista Readies Terminal

August 13, 2008

Lubricant supplier Prista Oil is preparing to open a base oil terminal at the port of Varna, Bulgaria. The 24,000-cubic-meter facility is the largest ...

Calumet Earnings Up

August 13, 2008

Calumet Specialty Products Partners LP last week reported net income for the quarter ending June 30 of $41.8 million, up 11.8 percent from $37.4 milli ...

Polartech Opens China Plant

August 13, 2008

Polartech Group has completed a $20 million, 25,000 square meter metalworking fluids and additives manufacturing facility in Suzhou Industrial Park, i ...

A fire Monday morning caused extensive damage to a 15,000 square foot warehouse in Tupelo, Miss., used by distributor Dutch Oil/Victory Marketing to s ...

Lubricants supplier Fuchs Petrolub Group AG reported strong earnings for the first half of 2008, and outlined 70 million (U.S. $104.3 million) in inve ...

Concerns over whether a tropical storm brewing in the Gulf of Mexico would materialize and become a hurricane were squelched early yesterday, as tropi ...

Growmark Grows in Iowa

August 6, 2008

Growmark has acquired two Waterloo Service Co. facilities in Waterloo, Iowa, including one for expanded bulk lubricant storage and distribution operat ...

Lubricant supplier Quaker Chemical and Milacrons Industrial Fluids segment each saw increases in earnings and sales for the quarter ending June 30, co ...

BioBlend Renewable Resources has added 10 marketers to its U.S. distribution network for vegetable-based industrial lubricants, doubling its market co ...

KUALA LUMPUR, Malaysia – Over the past seven years, the lubricants business at Chinese oil giant PetroChina has gone from an RMB 400 million los ...

Lubrizols additives segment reported a strong increase in operating income, while Afton Chemical and Chevron Oronite saw earnings decline for the quar ...

An eerie quiet blanketed the U.S. base oil market this week. No fresh price hikes were put on the table – a refreshing new twist to the trend se ...

French oil major Total has named T. Gargour & Fils as sole distributor of its Elf brand of lubricants in Jordan. A signing ceremony announcing th ...

H&W Adds Chevron Brands

July 30, 2008

Chevron Products Co. and H&W Petroleum Co. have inked their second multi-year lubricants marketing agreement, under which H&W will add Chevr ...

Russian petroleum giant Lukoil established a big foothold in Turkey this week by acquiring Akpet, a large wholesaler of oil products. The deal, report ...

Cognis Sells Oleo Stake

July 30, 2008

Cognis is selling its 50 percent stake in the Cognis Oleochemicals joint venture to PTT Chemical International Private Ltd. for 104 million (U.S. $162 ...

South Korean base oil refiner SK Energy reported an increase in operating profit for its lubricants segment for the quarter ending June 30, while refi ...

The quarter ending June 30 saw a decline in operating income at lubricant blender Valvoline compared to the year-earlier period, while sales and opera ...