Market Topics

NPRA: U.S. Lube Sales Down

January 3, 2007

U.S. lubricant sales volumes in the third quarter of 2006 fell 5.1 percent compared to the same period of 2005, according to the latest sales data fro ...

Base Oil Price Report

January 3, 2007

The U.S. base oil market has launched the new year with a series of price markdowns, with two major producers getting the ball rolling. Observers cons ...

Base Oil Price Report

December 27, 2006

Calumet Specialty Products has scheduled a maintenance turnaround early next month at its Shreveport, La., refinery. The company emphasized, though, t ...

United Fuel Buys Ackerly

December 27, 2006

Midland, Texas-based United Fuel and Energy Corp. on Dec. 19 announced that it has entered into a definitive agreement to acquire Ackerly Oil Co. Inc. ...

Specialty chemicals company Chemtura said that through acquisition it plans to move into two lubricants markets. Chemtura Corp. and Kaufman Holdings ...

JERSEY CITY, N.J. – Some Group I plants will go away, but some will survive by developing markets for their products and byproducts, by selling ...

Base Oil Price Report

December 20, 2006

Base Oil Price Report Posted paraffinic base oil prices are unchanged in the United States this week. Crude closed at $63.41 per barrel yesterday on ...

Calumet Fire Spares Base Oil

December 20, 2006

A fire last Thursday morning on a gasoline platformer at the Calumet Lubricants refinery in Shreveport La. is not expected to have any impact on the p ...

An explosion and fire at 3 a.m. last Thursday at Imperial Oils Sarnia refinery in Ontario put a hydrocracker unit out of commission for an undetermine ...

Laboratory, R&D and technical managers who work for U.S. lubricant manufacturing companies say they earn as much as $240,000 a year – and a ...

The Council of the European Union on Monday unanimously adopted the REACH legislation (registration, evaluation and authorization of chemicals), corne ...

Base Oil Price Report

December 13, 2006

The winter lull appears in effect in the U.S. base oil market, with buyers and marketers noting a slowdown in demand, especially for light to mid neut ...

Citgo Names Lubes Chief

December 13, 2006

Citgo Petroleum Corp. has named Karl Schmidt as the new general manager of its lubricants division, which produces a full line of engine oils, greases ...

Tiarco Chemical, a global supplier of specialty extreme pressure and anti wear additives based in Dalton, Ga., announced a price increase effective Ja ...

Marine lubricant and fuel supplier Aegean Marine Petroleum Networklast Thursday launched its initial public offering of 12.5 million shares of common ...

Competition was fierce in bidding for two Serbian lubes companies that took place last month. The Privatization Agency of the Republic of Serbia on De ...

Veolia Environnement and Total on Nov. 30 announced the creation of Osilub, a joint venture to develop a sustainable used motor oil recycling business ...

Sales and marketing managers who work for U.S. lubricant manufacturing companies earn an average of $114,826 a year, about 34 percent higher than the ...

Make Two Plans for GTL Arrival

December 13, 2006

JERSEY CITY, N.J. – Close to 80,000 barrels per day of high quality gas-to-liquids derived base stocks may come to market in 2010 as originally ...

Base Oil Price Report

December 6, 2006

MOSCOW – LukOils lubricant business knows it will need greater volumes of highly refined base oils. But with Group I oils in healthy demand and ...