Market Topics

Several companies recently announced price increases for chemicals sold into the lubricants industry. Higher raw materials costs received some, but no ...

Contract blender Delta Petroleum Co. recently bought Canadian company Vulsay Industries Ltd. The acquisition expands the reach and packaging capabilit ...

Noco Energy Corp. announced this month that it has opened an 11,500-square-foot distribution center in Williston, Vt. Moving into the new center allow ...

Base Oil Price Report

June 23, 2004

Motiva surprised the U.S. base oil market last week by announcing cuts on posted prices for Group II and Group II-plus base oils. Meanwhile, several n ...

Saudi Basic Industries Corp. announced last week that it is proceeding with plans to build a 150,000-metric-ton linear alphaolefin plant in Saudi Arab ...

A fire last Friday morning has disrupted operations at Crompton Corp.s Elmira, Ontario, factory, which produces polyalphaolefins and lubricant antioxi ...

Dow Corning Corp. emerged from bankruptcy this month, ending a nine-year ordeal triggered by lawsuits filed by women who received silicone-gel breast ...

Online petroleum supply chain network TakGroup has been purchased by eNucleus, a software company serving the health care, education, insurance and fi ...

Base Oil Price Report

June 16, 2004

The bad news is that the already tight market for naphthenic base oils is being squeezed further by a spate of refinery shutdowns – some planned ...

Russian petroleum joint venture TNK-BP has reached an agreement to buy out ChevronTexacos stake in TNK & Texaco Lubricants Co., the companies ann ...

The American Petroleum Institute gave the thumbs-up May 30 to the launch of a robust new gasoline engine oil category, API SM. Its Lubricants Committe ...

Cognis Deutschland GmbH has opened a facility in Jacarei, Brazil, to produce polyol ester refrigeration fluids. Officials said the German specialty ch ...

Container manufacturer BWAY Corp. has reached an agreement to buy North American Packaging Corp., the companies announced last week. Nampac claims to ...

Lubrizol Corp. announced last week that it has closed on its $1.8 billion acquisition of chemical maker Noveon International Inc. The Wickliffe, Ohio, ...

Base Oil Price Report

June 9, 2004

Crude oil prices dropped sharply since last week – enough, said some observers, to ease the threat of further price hikes for base oils. The 12- ...

Lubrizol Corp. has introduced an online learning site aimed at helping sales people do a better job of peddling lubricants. Named K2M, the program tri ...

Shareholders of Ethyl Corp. last week approved a restructuring plan that calls for the companys Petroleum Additives business to be renamed Afton Chemi ...

Lubrizol Corp. disclosed yesterday that President and Chief Executive Officer James L. Hambrick has been diagnosed with testicular cancer and was to b ...

Base Oil Price Report

June 2, 2004

U.S. base oil suppliers said this week that further price hikes are likely as crude oil costs rose even higher in the face of an already tight market. ...

Castrol Consumer North American confirmed last week that it will offer API-licensed GF-4 motor oils beginning Aug. 2, immediately after the American P ...