Market Topics

Cam2 Buys BoMac

May 14, 2003

Lubricant marketer Cam2 Oil Products Co., of New Britain, Pa., announced last week that it has purchased BoMac Lubricant Technologies, of Greensboro, ...

Base Oil Price Report

May 14, 2003

Excel Paralubes has moved up to June a maintenance turnaround that had been scheduled to begin in October, market sources told Lube Report yesterday. ...

An alliance of German lubricant producers has folded a year after it was formed, due to the inability of members to agree on strategic priorities. An ...

Lubrizol Corp. announced last week that it has acquired a Spartanburg, S.C., multi-purpose chemical production facility from bankrupt Specialty Indust ...

The publisher of Lubricants World stated yesterday that recent reports of plans to fold the magazine are unfounded. Owned by Hart Publications, a subs ...

Base Oil Price Report

May 7, 2003

Mention of price cuts is finally being heard round the U.S. base oil market – and all it took was a 30 percent drop in crude oil costs. The pric ...

Shell Oil Co. andFlint Hills Resourcesannounced April 23 that they have entered a definitive agreement for Shell to sell its 50-percent stake in Excel ...

ConocoPhillips Co. and S-Oil Corp. announced Monday that they have entered an exclusive agreement for ConocoPhillips to distributethe Korean refiner&# ...

American owners of Mercedes-Benz cars were awarded a $32 million settlement this month on a complaint that their engines may have sustained early wear ...

The industrial lubricants sector was good to both Lubrizol Corp. and Milacron Inc. during the first quarter of 2003. In Lubrizols case, a 38 percent j ...

Base Oil Price Report

April 30, 2003

Operational problems are hampering base oil production at ExxonMobil’s Baytown, Texas, refinery, putting the squeeze on a Group II-plus market t ...

ExxonMobil Lubricants and Specialties this month launched its entry in the high-mileage passenger car motor oil category with Drive Clean Plus, a prod ...

Shell Oil Products US will cease most U.S. sales of its market-leading Diala electrical transformer oils, continuing to sell only a small portion of D ...

Under a proposal being explored within the Society of Tribologists and Lubrication Engineers, metalworking fluid managers could earn professional cert ...

Base oil refining capacity in the United States increased slightly in 2002, according to the latest report from the National Petrochemical and Refiner ...

Valvolines second-quarter income increased 5.9 percent from the same period a year ago – to $18 million – thanks mostly to continued growt ...

Base Oil Price Report

April 23, 2003

Shell Oil Products US has nearly wrapped up production at its Deer Park, Texas, base oil plant, although the final barrels may not be sold for nearly ...

ExxonMobil announced last week that it will close its Adelaide Refinery in South Australia, a step that will take Australia from a net surplus to a ne ...

ChevronTexaco Corp. closed down its Gulf Lubricants business this month, two years after launching it as an economy brand. A cost-saving product line ...

Fuchs Petrolub AG yesterday reported record net income of Euro 24.1 million (U.S. $26.4 million) in 2002 – an increase of 173 percent from 2001, ...