Market Topics

Two courts have approved the merger of Chemoleums Ltd. into Caltex Lubricants India Ltd., clearing the way for a deal that enlarges Caltexs footprint ...

Base Oil Price Report

October 1, 2003

As the calendar year begins its final quarter, some U.S. base oil producers say they are still holding out hope for a bump in demand ahead of the lubr ...

Chinese oil giant Sinopec decided recently to begin selling its flagship line of motor oils through its expansive network of gasoline stations – ...

The bumpy path of disinvestment in Indian oil majors Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. hit its biggest roadblock last wee ...

The Technical Association of the European Lubricants Industry — ATIEL — this summer adopted a definition for a sixth group of lubricating ...

Shell Oil Products US has begun closing its lubricant blending plant in St. Louis and expects to have the facility fully shuttered by mid-October. The ...

Base Oil Price Report

September 24, 2003

U.S. postings for paraffinic base oils were unchanged again this week. The price of crude oil on the New York Mercantile Exchange closed at $27.65 per ...

GF-4 Stays on Track

September 17, 2003

ROMULUS, Mich. — Sept. 4 saw the end of the 30-day comment period for the new gasoline engine oil quality upgrade, GF-4, with no technical imped ...

Quick-lube Profits on the Rise

September 17, 2003

American and Canadian quick-lube centers served more customers and earned better sales and profits last year than they did in 2000, according to surve ...

Kluber Lassos OKS

September 17, 2003

Kluber Lubrication Munchen KG announced Thursday that it has acquired another German company, specialty lube manufacturer OKS Spezialschmierstoffe Gmb ...

Mauser Buys Hoover Operations

September 17, 2003

German packaging company Mauser Group announced Aug. 29 that it has bought the blow-molding business of Hoover Materials Handling Group Inc. Mauser ad ...

Base Oil Price Report

September 17, 2003

Shell Oil Co., the next-to-last major oil company producing naphthenic base stocks in the United States, closed its base oil plant at Martinez, Calif. ...

Chemtool Inc. is within two months of opening a grease plant in Tehachapi, Calif., with capacity to produce up to 75 million pounds per year,making it ...

A British private equity firm announced Thursday that it has agreed to sell Italian lubricant company FL Selenia to a U.S. firm, Vestar Capital Partne ...

Calumet Lubricants Co. said last week that it is upgrading its Shreveport, La., base oil refinery to increase capacity by 3,000 barrels per day and to ...

Base Oil Price Report

September 10, 2003

Petro-Canada Lubricants had good short-term and long-term news for base oil customers the past week. First, the company said it expects to repair dama ...

Gulf Oil Bites Into Indonesia

September 3, 2003

Indias Gulf Oil Corp. entered into a joint venture with Tarapur Grease Industries Pvt. Ltd. and PT Tawang Swasti Rawikara to form PT Gulf Oil Lubrican ...

Genesis Boosts Sebacic Output

September 3, 2003

Citing increased demand since it became the only U.S. producer of sebacic acid, Genesis Chemicals Inc. announced last month that it has expanded its c ...

ConocoPhillips Co. announced Aug. 27 that it has outsourced its automotive chemicals business for the Phillips 66 and 76 Lubricants brands to Technica ...

Base Oil Price Report

September 3, 2003

An Aug. 21 explosion at Petro-Canadas Lubricant Centre already appears to have tightened North American supply of Group II base oils – and the c ...