Market Topics

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Weekly Asia Base Oil Price Report

June 2, 2025

The Asian base oils market has entered a more restrained demand period because of seasonal events such as the monsoons i ...

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Weekly Americas Base Oil Price Report

May 28, 2025

Fundamentals were relatively stable for base oils and lubricants as the summer driving season unofficially got underway ...

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Briefly Noted

May 28, 2025

Specialty chemical company Pilot Chemical and low-crabon base oil company Novvi entered into an exclusive partnership to ...

Loopholes in EU Deforestation Law Threaten Esters Manufacturers

Loopholes in EU Deforestation Law Threaten Esters Manufacturers

May 28, 2025

Europe’s oleochemicals industry is urging lawmakers in Brussels to widen the scope of the European Union Deforestation ...

Ethanolamines Plant in Nanjing Back on in May

Ethanolamines Plant in Nanjing Back on in May

May 28, 2025

Operations at the joint BASF-Sinopec ethanolamines plant in Nanjing are expected to resume at the end of May.

Fuchs’ New Brazil Plant Signals Latin America Push

Fuchs’ New Brazil Plant Signals Latin America Push

May 28, 2025

Fuchs Petrolub SE, the German lubricants manufacturer, is investing more than 220 million Brazilian real (U.S.$39 millio ...

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Weekly EMEA Base Oil Price Report

May 27, 2025

Prices for API Group I and Group II base oils appear stable and steady around Europe, the Middle East and Africa regions ...

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Weekly Asia Base Oil Price Report

May 26, 2025

Base oil prices were mixed because of slowing demand from some segments – a trend that was partly offset by curtailed ...

Ukraine Conflict Goldmine for Russian Grease Business

Ukraine Conflict Goldmine for Russian Grease Business

May 21, 2025

Russia’s domestic grease market is still lucrative despite sanctions and escalating raw materials costs.

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Weekly Americas Base Oil Price Report

May 21, 2025

Paraffinic base oil prices were mostly stable with activity levels ticking up ahead of the Memorial Day weekend on May 2 ...

Provisional Tariffs on Imported UAE Lubes Unfair

Provisional Tariffs on Imported UAE Lubes Unfair

May 21, 2025

Lubricant exporters in the United Arab Emirates and U.K. importers of their goods face tariffs on their products more th ...

OQ Chemicals Rebrands as Oxea After Private Equity Takeover

OQ Chemicals Rebrands as Oxea After Private Equity Takeover

May 20, 2025

OQ Chemicals has changed its name back to Oxea, following its acquisition by two investment firms.

Phillips 66 Divesting Stake in European Business

Phillips 66 Divesting Stake in European Business

May 20, 2025

Phillips 66 announced it will relinquish a 65% stake in its fuel retail operations in Germany and Austria, part of a pus ...

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Weekly EMEA Base Oil Price Report

May 20, 2025

Historically Russia and Iran have both been steady exporters of base oils, but recent reports indicate that exports from ...

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Weekly Asia Base Oil Price Report

May 19, 2025

The price of some base oil grades was firm in Asia because of tight supply and demand conditions, while others were stan ...

Intel Certifies Shell’s Immersion Cooling Fluid

Intel Certifies Shell’s Immersion Cooling Fluid

May 16, 2025

IT giant Intel Corp. certified Shell Lubricants’ immersion cooling fluids for use in data centers globally.

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Weekly Americas Base Oil Price Report

May 14, 2025

Chevron announced a paraffinic posted price decrease, while Calumet and San Joaquin Refining joined two other base oil p ...

Podcast 31: Taking the PFAS out of Food-grade Lubes

Podcast 31: Taking the PFAS out of Food-grade Lubes

May 14, 2025

The term PFAS, or per- and polyfluoroalkyls, constitutes a vast number of manmade substances found in countless products ...