Market Topics

ELM: Home for the Holidays

December 26, 2007

Nine months after a fire razed its bio-based lubricants production facility in Plainfield, Iowa, Environmental Lubricants Manufacturing Inc. has found ...

Dow Adds New Amines Unit

December 26, 2007

Dow Chemical Co.s new integrated specialty alkanolamines facility in Plaquemine, La., has passed all design tests and is now full operational. The new ...

Oxea Ups Capacities

December 26, 2007

Chemical manufacturer Oxea is increasing production capacity up to 50 percent for neopentylglycol and carboxylic acids, to meet growing global demand. ...

U.S. Base Oil Price Report

December 26, 2007

The U.S. base oil market is quiet this week, with year-end holidays in full swing. Most supply partners worked out any last minute deliveries for 2007 ...

Takreer, Neste Oil andOMV have formed a joint venture to build a plant to produce 500,000 metric tons per year (about 10,000 barrels per day, accordin ...

A Sunoco official yesterday confirmed that the company has received unsolicited inquiries into acquiring its Tulsa, Okla., refinery, which includes a ...

Dow Chemical Co. and Petrochemical Industries Co. of Kuwait on Thursday outlined plans to form a U.S.-headquartered, $11 billion, 50/50 joint venture ...

Maxum Picks Paulson Oil

December 19, 2007

Maxum Petroleum, wholly-owned subsidiary of SPI Petroleum LLC, recently acquired lubricants and fuel distributor Paulson Oil Co. in a stock purchase t ...

Pilot Chemical has announced increases in prices for corrosion inhibitors and emulsifiers used in metalworking fluids, while Dow Chemical and Oxea eac ...

Calumet Goes with ExMo R&E

December 19, 2007

ExxonMobil Research & Engineering Co. said this week that Calumet Specialty Partners has selected its proprietary lubricant catalyst technology f ...

U.S. Base Oil Price Report

December 19, 2007

ExxonMobil confirmed yesterday that it implemented sales controls on bright stock because it is in the midst of a turnaround at its Baytown, Texas, re ...

A long list of major oil companies and smaller and independent suppliers have announced finished lubricant price hikes in recent weeks, as high as 11 ...

MOSCOW – Russia is one of the worlds most attractive lubricant markets – huge volume, booming economic growth and a high rate of investmen ...

French oil major Total announced Thursday it acquired the assets of Tribospec Corp., an independent Canadian lubricants blender and distributor, for a ...

NEW YORK – Mexicos 850,000 metric ton lubricants market is characterized by a high level of competence but too many competitors, according to an ...

Alerted by several of its Canadian fast lube operator members, the Automotive Oil Change Association recently investigated a misleading warranty notic ...

Albemarle Corp. announced it will lift prices on antioxidants used in lubricants, Huntsman Corp. said it will raise prices on polyetheramines used in ...

Bel-Ray Signs Egyptian Partner

December 12, 2007

Bel-Ray Co. has announced that FAC Group will serve as its exclusive distributor of general industrial and No-Tox food grade lubricant products in the ...

U.S. Base Oil Price Report

December 12, 2007

Major U.S. Group II and II+ producers ConocoPhillips, Flint Hills Resources and Motiva jumped on board the latest round of posted price hikes this wee ...

What Goes Up Must Come Down

December 5, 2007

NEW YORK – Energy markets, including crude oil prices, base oil prices and refining margins, are cyclical, and tend to move together in response ...