Market Topics

Base Oil Price Report

March 9, 2005

A smattering of markups peppered the U.S. base oil market the past week, although posted prices for most paraffinic oils were unchanged. Bright stock ...

Lubes on the Tube

March 9, 2005

Lubricant marketers – especially those that peddle passenger car motor oils – frequently complain that the general public knows little abo ...

One worker was killed and another injured in an accident at Chevron Oronites lubricant additive factory on Jurong Island, Singapore, Sunday. The compa ...

Nynas Naphthenics AB on Monday lifted a global force majeure declaration for transformer oils, issued 10 days earlier because of operational problems ...

Move over Shell. Theres a new partnership in line to become the first large-scale producer of gas-to-liquids base oils. Sasol Chevron and Qatar Petrol ...

Base Oil Price Report

March 2, 2005

ExxonMobil on Monday announced price hikes of 10 cents per gallon for bright stock, the first markups in the United States in four months. Valero quic ...

Quaker Chemical Corp. reported its net income for 2004 fell 39 percent from the previous year, dragged down by higher raw material costs and increased ...

Cooper Power Systems Inc. and Cargill Industrial Oils and Lubricants last week announced an international expansion of their six-month-old alliance co ...

LONDON — Last year may not have seen any mega-deals, but the trend toward consolidation of the global base oil industry continued. In addition, ...

In a move that bodes ill for buyers of electrical transformer oils, Nynas Naphthenics AB imposed allocations Friday due to operational problems at its ...

Base Oil Price Report

February 23, 2005

Motivas Port Arthur, Texas, base oil plant last week emerged a few days early from its maintenance shutdown, market sources said. It was the only majo ...

Bel-Ray Co. has contracted two companies to serve as exclusive distributors of its industrial lubricants in central and northern Europe. H. Costenoble ...

Lubricant consumption is shifting to higher quality products around the world, but overall volume growth is generally found only in developing countri ...

Hitching its cart to Asias steadily growing lubricant market, Degussa AG said it will build a 10 million plant in Singapore for its Specialty Acrylics ...

LONDON – Despite an abundance of base oil manufacturing capacity, the past two years have felt awfully snug to base oil buyers worldwide. This i ...

Base Oil Price Report

February 16, 2005

The market for bright stock in the United States remains exceptionally tight – in part, reportedly, because of a drop off in imports from Brazil ...

Graco Inc., a manufacturer of lubricating equipment, has acquired dispenser equipment manufacturers Gusmer Corp. and Gusmer Europe S.L. from affiliate ...

Goldschmidt Chemical Corp.s Industrial Specialties business raised North American prices for all organic surfactants and organomodified siloxanes effe ...

Milacron Posts Earnings Drop

February 16, 2005

Milacron Inc. reported Monday that operating earnings for its Industrial Fluids business fell 29 percent in 2004, due to increased raw materials costs ...

Dow Chemical Co. announced last week that it will build an integrated world-class specialty alkanolamine plant in Plaquemine, La., to replace existing ...