Market Topics

Caterpillar Unveils Oil Specs

December 21, 2005

NORFOLK, Va. – Earlier this month, at the conclusion of ASTMs Subcommittee B on Automotive Lubricants meeting here, Caterpillar Inc.s Abdul Cass ...

Petro-Canada announced last week that it will debottleneck its base oil plant in Mississauga, Ontario, next year. The company did not reveal details o ...

General Motors 2005 model year vehicles equipped with Engine Oil Life Systems averaged 8,500 miles between oil changes, compared to the 5,000 mile dra ...

Metal Mates Joins ITW Stable

December 21, 2005

ITW Rocol North America added to its stable of machining lubricants this month when parent company Illinois Tool Works purchased Metal Mates Inc., a m ...

Canadian lubricant blender Commonwealth Oil Co. announced this month its plan to sell its electrical discharge machining fluid business, the biggest p ...

Investment firm Kohlberg Kravis Roberts & Co. won European Union approval yesterday for its billion-dollar acquisition of FL Selenia SpA, which cl ...

Base Oil Price Report

December 21, 2005

ExxonMobil on Friday announced that it was raising the posted price on one of its Group II-plus base oils by 15 cents per gallon, the first price move ...

Calumet Wants IPO to Ease IOUs

December 14, 2005

Calumet Lubricants Co. is seeking government authorization to conduct its initial public stock offering in order to pay off high levels of debt run up ...

The worldwide market for naphthenic base oils is tight, with a slight deficit that should continue at least through 2007, according to Swedish refiner ...

Cross Oil Refining and Marketing Inc. is best known as one of a dwindling number of naphthenic base oil refiners. Over the past five years, however, t ...

Laboratory services provider Intertek Caleb Brett recently acquired marine lubricant analysis service LQS from Lloyds Register Group. It marked Intert ...

Base Oil Price Report

December 14, 2005

With December nearly half over, the U.S. base oil market is still waiting for ExxonMobils Beaumont, Texas, plant to resume operations. The facility ha ...

Global bright stock markets are currently balanced, with the surplus in Western Europe and Latin America supplying the deficits in Asia Pacific and No ...

SK Corp. reportedly is ready to build its next base oil plant and this time is going to Indonesia to do so. Indonesian news agency Antara reported Nov ...

Chemtura Corp. last week announced an expansion at its Elmira, Ontario, plant that will increase its capacity to produce high-viscosity polyalphaolefi ...

The principal Greek shareholder in refiner Motor Oil (Hellas) S.A. has bought out its partner, a subsidiary of petroleum giant Saudi Aramco, the compa ...

Base Oil Price Report

December 7, 2005

There apparently will be no winter lull for the U.S. base oil market this year, thanks to severe disruptions caused by Hurricane Rita. Observers say t ...

Brunk Debunks Group I Obituary

November 30, 2005

Base oil projects are queuing up to flood the global market with large volumes of highly refined stocks over the next several years. With demand flat, ...

Chemical producer SQM has shipped its first load of lithium hydroxide from a new plant at Salar de Carmen, Chile, bringing a fresh source of supply to ...

Chemical Prices Keep Climbing

November 30, 2005

Oil costs may have retreated, but prices for chemicals used in lubricants continue to rise. Troy Corp., Chemtura and Suprestra all announced increases ...