Market Topics

HONG KONG – Chinas high-performance grease market offers huge potential for growth, according to state-owned China National Offshore Oil Corp., ...

Farm products giant Cargill Inc. is taking a big step into the worlds glycerin market, with plans to open three plants in Europe and North America by ...

SALT LAKE CITY – The head of Exxon Mobil Corp. mounted a free-market defense here yesterday of the heavily scrutinized oil industry, arguing tha ...

The giant expansion of Motivas Port Arthur, Texas, base oil plant came online last week, bringing a whopping 15,000 barrels per day of new capacity to ...

Base Oil Price Report

March 15, 2006

Naphthenic base oil producer San Joaquin Refining confirmed yesterday that it has imposed sales allocations on some grades, in part because a portion ...

Houghton International has entered a joint marketing agreement to distribute high-performance automotive body forming fluids manufactured by lubricant ...

Coolant Control Inc. has sold its metalworking additives business to start-up Additives International LLC, the companies announced this month. Based i ...

Castrol Industrial North America Inc. said recently that it plans to realign its distribution channels as part of a plan to bring greater clarity to i ...

U.S. motor oil marketers raised prices again this month, citing continued increases in costs of raw materials and other inputs. Majors marked up packa ...

The U.S. lubricant industry is showing new signs of wilting under the strain of supply disruptions, even as refiners inch toward restoring and introdu ...

Base Oil Price Report

March 8, 2006

The latest round of price increases continued this week to work its way through the paraffinic base oil market in the United States. Prices rose for m ...

Lucas Oil Products turned a lot of heads last week with the announcement that it has purchased rights to name the future home of the National Football ...

LONDON – Western European lubricant demand shrank 1.5 percent from 2004 to 2005 according to Fuchs Petrolub AG, while lube demand grew by 1.5 pe ...

Relief is coming for users of maleic anhydride, but it will be a while before it arrives. Chemical manufacturer Huntsman Corp. said last week that it ...

The worlds biggest Group III base oil producer intends to grow a bit bigger this spring. SK Corp. plans to increase capacity of a plant in Ulsan, Sout ...

Seemingly shielded from the storms that have roiled the lubricant industry, Fuchs Petrolub AG said last week that its profits jumped approximately 50 ...

HONG KONG – Todays additive shortages are real and are part of a long-term structural change, according to Afton Chemical President C.S. Warren ...

Base Oil Price Report

March 1, 2006

ExxonMobil announced yesterday an across-the-board increase of 10 cents per gallon on posted base oil prices in the United States. Citgo joined the ac ...

LONDON – Internal combustion engines, both gasoline and diesel, will be the power plants of choice through 2015 and beyond, despite intense acti ...

Malaysias Petronas on Monday offered its first official confirmation of plans to build a Group III base oil plant, announcing the awarding of a contra ...