Market Topics

Cargill Industrial Oils and Lubricants announced last week that it is doubling the capacity of a Chicago factory that manufactures plant-based esters. ...

Base Oil Price Report

February 18, 2004

One turnaround down, two to go for the U.S. base oil market. ChevronTexacos 15,000-barrel-per-day refinery in Richmond, Calif., began starting up yest ...

The U.S. Occupational Safety and Health Administration and the Independent Lubricant Manufacturers Association on Monday announced an alliance aimed a ...

Lubrizol Corp. announced last week that its earnings for 2003 were down 23 percent from 2002, mostly due to lower sales volumes and the cost of job cu ...

Myers Builds New Drum Plant

February 11, 2004

Myers Container Corp. announced Friday that it has begun building a 100,000-square-foot steel drum factory in City of Industry, Calif. The facility, w ...

Chevron Oronite Co. is in the process of moving its leadership from Houston to San Ramon, Calif., the home of parent company ChevronTexaco. Up to 20 p ...

Base Oil Price Report

February 11, 2004

Movement of U.S. base oil prices continued the past week, as ExxonMobil chopped 7 cents off two of its postings on the East Coast. ExxonMobil has thre ...

Making Do Without Martinez

February 4, 2004

One year ago, Shell Oil Products US dropped a bomb on the lubricant industry by announcing plans to close its naphthenic base oil plant in Martinez, C ...

An official at Fuchs Petrolub AG said yesterday that the company expects the government of India to postpone a deadline for it to divest 24 percent of ...

Ethyl Corp. on Monday announced that it had net income of $37.1 million last year, an increase of more than 270 percent over 2002. The improvement was ...

Additive supplier Infineum announced Monday that it will build a technology center to house 200 employees in Milton Hill, U.K. Scheduled to open in Ju ...

Base Oil Price Report

February 4, 2004

U.S. base oil producers this week completed a roundof paraffinic price increases that began last week. Six more suppliers followed a pattern set by Ex ...

Gear Oil Spec Finally Meshes

January 28, 2004

Six years ago, the Society of Automotive Engineers adopted its own version of a U.S. Army standard for gear oils. The document was the centerpiece of ...

Valvolines parent company reported Monday that operating profit for the automotive consumer products supplier rose 33 percent to $20 million for the q ...

Japans biggest lubricant company is grabbing a bigger share of the pie. Nippon Oil Corp. announced Friday that is has signed an agreement to take over ...

ExxonMobil and Engen announced recently that they have formed a joint venture to sell lubricants in a five-nation region in southern Africa. The agree ...

IPAC Picks Three

January 28, 2004

International Petroleum Products and Additives Co. has selected three distributors — Aspen Chemical Co., Superior Oil Co. and Young Chemical Co. ...

Base Oil Price Report

January 28, 2004

ExxonMobil posted base oil price increases of 2 to 6 cents per gallon yesterday, a move expected to trigger the first across-the-board price movements ...

The Chinese new yearthat begins Jan. 22 is 4071, the Year of the Monkey. It will also be the year that Chinese motor oil companies take to the nations ...

Binol Buys Bio-lube Business

January 21, 2004

Swedish vegetable oil refiner Karlshamns Group announced recently that subsidiary Binol AB has acquired Raisio Chemicals biodegradable lubricants busi ...