Market Topics

Base Oil Price Report

July 4, 2007

The base oil market was quiet this week, due largely to today’s U.S. Independence Day holiday. To date, no other producers have announced price ...

Polyolefin producer Basell will acquire chemical manufacturer Huntsman Corp. for $9.6 billion, the two companies announced yesterday, a combination th ...

Shell (China) Ltd. plans to build a lubricants blending plant with 200 million liters (52 million gallons) per year capacity that will open in 2009 in ...

Total said last week that it has begun a basic engineering study for the installation of equipment that would add 180,000 metric tons per year of Grou ...

Finnish trading company Telko Group has acquired Molub-Alloy AB, the Swedish distributor of BP/Castrol industrial lubricants, in Telkos first move int ...

Haas TCM will serve as primary subcontractor and handle logistics for a $6.25 billion, five-year contract SAIC won in May from the U.S. Defense Logist ...

ExxonMobil Chemical has completed a debottleneck project at its specialties plant in Edison, N.J., to raise capacity to produce alkylated naphthalene ...

Intermediate bulk container (IBC) manufacturer Hoover Materials Handling Group Inc. announced last week the opening of its state-of-the-art manufactur ...

Base Oil Price Report

June 27, 2007

Flint Hills Resources announced this week that they have increased posted prices, effective Monday, June 25. Their 100 grade increased by 5 cents per ...

Lubricating grease isn’t often the stuff of drama or danger. But under rare conditions, it appears that certain PTFE thickened greases being app ...

A Federal Trade Commission complaint issued Thursday charged American Petroleum Co. Inc. with illegally conspiring with its competitors to restrict im ...

Owens-Illinois Inc. (O-I) last week announced it will sell its plastics packaging business – including closures for containers used for automoti ...

BASF, Pilot Chemical Co. and Dow Chemical recently announced price increases for certain chemical products. Pilot Chemicals products are used in metal ...

Martin Operation Partnership L.P. on June 13 completed acquisition of Houston-based Mega Lubricants Inc., a lubricants packaging and blending company, ...

Indian Oil recently signed an agreement with the government of Sri Lanka that will enable the companys Lanka IOC subsidiary to produce, blend, market ...

Base Oil Price Report

June 20, 2007

Chevron announced that it moved prices, effective Monday, upward by 10 cents/gallon, corresponding to moves by other producers in late May and earlier ...

California is earning a reputation for the toughest environmental regulations and enforcement in the country, and auto parts retailer AutoZone now kno ...

Last week Sinopec officially produced its first barrel of lubricants in Singapore. The Chinese government-owned oil companys new lubricants manufactur ...

Total U.S. lubricant sales volumes in the first quarter of 2007 fell 5.7 percent from the same period of 2006, according to data released by the Natio ...

L&T Recoil Oy has awarded consulting and engineering firm Poyry a 1.5 million (U.S. $2 million) contract to handle engineering services for an oi ...