Market Topics

Feds Urged to Buy Bio-lubes

December 30, 2003

The U.S. Department of Agriculture has published draft guidelines requiring federal agencies to use biobased products, a mandate aimed at spurring dem ...

The U.S. Occupational Safety and Health Administration issued a letter recently denying a decade-old request by the United Autoworkers to lower limits ...

Lubrizol Adds Avecia Unit

December 30, 2003

Lubrizol Corp. announced last week that it has agreed to acquire the specialty additive business of chemical supplier Avecia. Lubrizol, which has set ...

Base Oil Price Report

December 30, 2003

This week closes out a tumultuous year for the U.S. base oil market – a year fraught with plant shut downs. The market will soon see if it can a ...

Panel Postpones GF-4 Approval

December 23, 2003

Citing a desire to be thorough in its response to critics, the committee writing the next passenger car motor oil standard delayed its final vote last ...

Penreco Opens Sulfonate Taps

December 23, 2003

North Americas lubricant industry is regaining some of the natural sodium sulfonate supply that it lost with Shell Oil Co.s closing of its Martinez, C ...

Quick-lube operators wondering if it is prudent to push synthetic motor oils need not worry about losing money to drain intervals. So said Castrol Con ...

Base Oil Price Report

December 23, 2003

The U.S. base oil market was quiet this week in the midst of the holiday season. Posted prices were again unchanged. The price of crude oil on the New ...

A U.S. appeals court last week denied a motion by the Independent Lubricant Manufacturers Association and three other groups to join a lawsuit in whic ...

A new consultants report predicts the North American lubricant industry will face a shortage of Group II base stocks within four years. As a result, i ...

China, GTL to Fill Wax Void

December 17, 2003

Thanks to changing lubricant standards, two new studies say, the wax industry is expected to continue losing traditional sources of supply, even as de ...

Base Oil Price Report

December 17, 2003

U.S. base oil suppliers appear to have received an early holiday present in recent weeks: unusually attractive prices for export. Export prices are es ...

Independents Knock GF-4

December 10, 2003

The next passenger car motor oil upgrade is on its home stretch toward adoption, but independent lubricant blenders still arent satisfied with it. The ...

Lube Sales Slip Another Notch

December 10, 2003

Third-quarter lubricant sales volume in the United States dropped 4.3 percent from the same period of 2002, according to the latest statistics from th ...

Master Plants Foot in China

December 10, 2003

U.S.-based Master Chemical Corp. announced last month the opening of a 20,000-square-foot facility in China where it will manufacture metalworking flu ...

Base Oil Price Report

December 10, 2003

When it comes to monitoring base oil production costs, crude oil is usually the ingredient that people watch most. This week, however, that attention ...

An Illinois congressman asked the U.S. Federal Trade Commission last week to investigate whether ExxonMobil is using its power in the base oil market ...

Lubrizol Corp. has purchased several small companies in the past few years, but officials say the company is bent on making more and bigger acquisitio ...

After observing the success of a similar case in the United States, a Canadian man has filed a lawsuit claiming Mercedes-Benz set motorists up for eng ...

Base Oil Price Report

December 3, 2003

According to the calendar, winter does not officially start until Dec. 22, but some U.S. base oil suppliers say they have seen signs that the industry ...