Market Topics

TruSouth Rises, Myatt Returns

September 13, 2006

TruSouth Oil, a brand-new lubricant manufacturer in a spanking-new facility in the Port of Shreveport-Bossier, La., is set to begin blending and packa ...

More Blenders Hike Prices

September 13, 2006

U.S. lubricant suppliers continue to report price increases on finished lubes, with most increases in the 4 to 10 percent range. Citgo Lubricants, BP ...

DUBAI, United Arab Emirates – Construction of new base oil plants will keep the lubricants industry comfortably over-supplied with high-quality ...

Base Oil Price Report

September 6, 2006

Marathons base oil plant in Catlettsburg, Ky., is scheduled to shut down for maintenance in October, and customers say theyve been told to expect inte ...

Sri Lanka is taking steps to liberalize the countrys lubricant industry, and that bodes increased competition for market leader Caltex Lanka Ltd. The ...

Pinnacle Oil said recently that it has reached an agreement to contract-blend automotive and industrial lubricants for Marathon Oil Corp. Pinnacle had ...

Two more U.S. oil majors announced price hikes for finished lubricants during the past week. Chevron and ConocoPhillips plan to impose markups ranging ...

Base Oil Price Report

August 30, 2006

Another week passed with two major U.S. players continuing to hold out on the latest round of price hikes for paraffinic base oils. Group II suppliers ...

Amtecol Outgrows Oakland

August 30, 2006

Lubricant blender American Hi-tech Petroleum Chemicals Inc. is moving from its current location in Oakland, Calif., to a Richmond, Calif., plant forme ...

Specialty chemical distributor C.H. Erbsloeh has been named a distributor in Europe for dispersions produced for the lubricant industry by Acheson Col ...

Ashland Inc.Monday sold road-building subsidiary Ashland Paving and Construction Inc. – its second major divestment in 14 months. Flush with cas ...

ExxonMobil notified U.S. customers last week that it will raise finished lubricant pricesbetween 5 percent and 9 percent effective Oct. 1. Other leadi ...

ExxonMobil nudged ahead of Royal Dutch Shell last year to become the worlds largest lubricant marketer, according to a new study by Kline and Co. The ...

Base Oil Price Report

August 23, 2006

Motiva and Flint Hills Resources turned a few heads this week when they refrained again from joining the latest round of base oil price hikes. Buyers ...

Chevron Global Lubricants said last month that it has agreed to sell a blending plant and fuels terminal in Skaramanga, Greece, to an affiliate of gas ...

Rarely do the animal welfare and chemical industries work together on legislative issues, but the Antifreeze Bittering Act has drawn support from thes ...

Petrobras, Brazils government-controlled oil giant, announced last week that its Lubrax lubricant line now has the leading market share in the Mercosu ...

The worlds largest lubricant market should resume growing over the next five years, albeit slowly, according to a new study by a market research firm. ...

Lyondell Chemical Co. bought Citgos stake in their Lyondell-Citgo Refining joint venture last week and then agreed to sell the naphthenic base oils pr ...

Base Oil Price Report

August 16, 2006

Three more U.S. paraffinic base oil suppliers have joined this years fifth round of posted price increases. Valero, Chevron and ConocoPhillips reporte ...