Market Topics

LISBON – Lubricant demand in Portugal rebounded a bit in 2007, rising 4 percent from the year before to 84,000 metric tons, an official from Gal ...

Lubricant suppliers Fuchs Petrolub and Quaker Chemical reported strong earnings for the quarter ending March 31, while Milacrons Industrial Fluids seg ...

Lubrizols additives segment and NewMarkets Afton Chemical additives subsidiary each reported strong increases in operating income for the quarter endi ...

MOSCOW – Russias lubricant additive industry has taken a pummeling from foreign competition the past several years, an industry insider said at ...

Sunoco continues evaluating offers for its Tulsa, Okla., refinery, and expects to make a decision by the early part of the third quarter, the companys ...

Rerefiner Safety-Kleens holding company on Friday filed for an initial public offering of common stock to raise up to $300 million. Safety-Kleen opera ...

U.S. base oil buyers are still coming to terms with the most recent round of price hikes initiated by key API Group I producers during the past week, ...

Sinclair Oil Corp. has tapped Haycock Petroleum Co. as its distributor for its line of Arctic Fire brand lubricants in Nevada, Utah, Arizona, and part ...

Amines JV Breaks Ground

April 30, 2008

Huntsman Corp. and Al-Zamil Group yesterday announced their fifty-fifty joint venture, Arabian Amines Co., has broken ground on its 27,000 metric tons ...

Lubes Lift Parents Net

April 30, 2008

Financial results for the quarter ending March 31 saw an increase in operating income at lubricant blender Valvoline, while the year 2007 saw a solid ...

South Korean base oil refiners S-Oil and SK Energy each reported strong growth in lubricants revenue for the quarter ending March 31, and declines in ...

Cosan Buys Esso in Brazil

April 30, 2008

Brazilian ethanol giant Cosan S.A. agreed with ExxonMobil International Holdings last week to buy its Esso Brasileira de Petroleo Ltda. subsidiary and ...

MOSCOW – Foreign lubricant suppliers grabbed a bigger share of Russias market in 2007. Imports increased 33 percent over 2006, an InfoTek-Consul ...

While Marathons decision to exit the lubricants market and close its Catlettsburg, Ky., base oil plant may have stunned some customers last week, it c ...

News of fresh base oil price hikes swept through the U.S. market this week as crude oil values reached yet another new high at over $119 per barrel on ...

Huntsman Corp. said it will raise prices on polyetheramines used in additives, Dow Biocides announced upcoming price increases on a variety of chemica ...

Galp Energia Group and ExxonMobil Mediterranea s.r.l. have signed an agreement for the sale of shares of Esso Espanola, S.L. and ExxonMobil Portugal H ...

Miller Industrial Fluids acquired industrial lubricantblender Crescent Oil Co. Inc.on April 11. Terms of the transaction were not disclosed. Indianapo ...

REACH, the European Unions chemical regulation scheme, is more about trade and business than the environment, experts told the ILMA Management Forum e ...

MOSCOW – Taneco, a unit of Tatneft, disclosed plans last week to construct a new API Group II/Group III base oil plant in Russias Tatarstan regi ...