Market Topics

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 ...

No More Halves on Havoline

August 27, 2003

ChevronTexaco has regained sole rights to market Havoline brand lubricants in the United States, it announced Aug. 14, following the expiration of sha ...

Fuchs Profits Up at Midyear

August 27, 2003

Fuchs Petrolub AG reported last week that its profit for the first half of 2003 was 10 percent higher than for the same period of 2002, thanks primari ...

DuPont announced recently that it is in exclusive negotiations with subsidiaries of Koch Industries, attempting to sell its DuPont Textiles and Interi ...

Alliance Petroleum Inc. has agreed to be acquired by a Canadian oil and gas industry service provider that sees significant growth opportunity in the ...

Base Oil Price Report

August 27, 2003

North Americas supply of Group II base oils took another hitThursday, when a large explosion sidelined one of two product trains at Petro-Canadas Lubr ...

Mack Raises Diesel Oil Bar

August 20, 2003

Mack Trucks Inc. plans this week to issue an upgraded specification for heavy-duty engine oils with more stringent requirements for viscosity maintena ...

Safety-Kleen Corp., North Americas largest collector and rerefiner of used lubricating oil, has received court approval to reorganize and expects to e ...

Indianapolis-based Pinnacle Oil Inc. has reached an agreement to serve as upper Midwestern manufacturer for Lubricants USA, the exclusive marketer of ...

Packaging manufacturer Sonoco Products Co. announced Monday that it will cut about 340 salaried jobs, including 130 positions at its Hartsville, S.C., ...

Base Oil Price Report

August 20, 2003

Judging from the swiftness of last weeks round of price hikes, U.S. base oil suppliers agreed that the market was ripe for markups. But the increases ...