Market Topics

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 ...

Italian oil rerefiner Viscolube SpA plans to become the first European producer of Group II base stocks next month when it completes an upgrade of its ...

The lubricants industry traditionally has not been a big source of advertising revenue for television broadcasters, but at least two of the biggest mo ...

Ethyl Corp. reported that its petroleum additive segments operating profits for the quarter and half-year ending June 30, excluding nonrecurring items ...

Base Oil Price Report

August 13, 2003

ExxonMobil increased posted base oil prices Monday by 2 to 7 cents per gallon on its Group I stocks, and 5 cents per gallon on Group II-Plus, the firs ...

Last Wednesday ILSAC/Oil approved the final draft limits for GF-4, and on Monday unveiled the new passenger car engine oil specification to all intere ...

Shifting exchange rates boosted the second quarter performance of Quaker Chemical Corp. and Milacron Inc.s Industrial Fluids business, according to fi ...

The Industrial Division of Graphics Technology Inc. has been bought out by a team of current and former executives. The operation, which markets label ...

Base Oil Price Report

August 6, 2003

Flint Hills Resources LLC closed Thursday on its purchase of Shell Oil Co.s 50-percent stake in the Excel Paralubes base oil refinery. The transaction ...

The U.S. Federal Trade Commission on Friday approved Shell Oil Co.s proposal to sell its 50-percent stake in the Excel Paralubes base oil refinery to ...

Quaker Chemical Corp. announced Monday that it has purchased Eural S.r.l., an Italian manufacturer of specialty metalworking fluids. Quaker officials ...