Market Topics

Fuchs Petrolub AG reported last week that its net income for the first three quarters of 2002 increased 153 percent over the same period of 2001, driv ...

Fresh from upgrading two of its base oil refineries, Russian petroleum giant Lukoil has adopted a 6 billion ruble (U.S. $188 million) plan to grow its ...

Base Oil Price Report

November 27, 2002

With their market quiet in Decembers shadow, U.S. base oil suppliers are preparing for the industrys normal winter lull. Some marketers, however,are c ...

ExxonMobil Lubricants and Specialties announced recently that it is broadening its support for the National Association of Stock Car Auto Racing, with ...

Kmarts blue-light specials may be popular with shoppers, but a recent sale apparently did not sit well with one of its motor oil suppliers. Shell Oil ...

Conglomerate SK Corp. has announced plans to build a second Group III base oil plant at its oil refinery in Ulsan, South Korea. The $100 million facil ...

Base Oil Price Report

November 20, 2002

The future of Pennzoil-Quaker States stake in Excel Paralubes was a hot topic of private discussions last week at the National Petrochemical and Refin ...

Petro-Canada Lubricants boasts it is the first lubes manufacturer to obtain the ISO/TS 16949 certification, a quality standard established by North Am ...

Cargill Industrial Oils and Lubricants and Hatco Corp. have announced an alliance aimed at supplying biobased industrial lubes to Latin America by the ...

Automaker and lubricant additiverepresentatives agreed at an industry meeting last week that efforts to draft GF-4, the next category of passenger car ...

Base Oil Price Report

November 13, 2002

The U.S. base oil market is quiet this week, partly because many buyers and sellers are attending the National Petrochemical and Refiners Association& ...

ExxonMobil Lubricants and Specialties announced last week that it has landed a contract to supply turbine lubricants for the first phase of China s en ...

Polartech Ltd. announced last week that it has bought Crompton Corp.s Petromix soluble oil base product line to become the leading global supplier of ...

Lubricant sales in the United States declined 3.3 percent in 2001, according to the National Petrochemical and Refiners Association s latest annual Re ...

Milacon Inc. said last week that it plans to discontinue its round tool and grinding wheel operations, the last pieces of its metalworking tools busin ...

Base Oil Price Report

November 6, 2002

With crude oil prices falling approximately $4 per barrel in recent weeks, U.S. base oil purchasers might wonder if the base oil market is ripening fo ...

ExxonMobil announced last week that it plans to close its only German lubricant plant during the second half of next year. The plant is located in the ...

The third quarter brought upbeat news for both Ethyl Corp. and Quaker Chemical Corp. Downsized Ethyl reported net income of $12.3 million, up from jus ...

Hoping to distinguish its Havoline from that sold by Shell, ChevronTexaco last week unveiled an enhanced version of its flagship motor oil. ChevronTex ...

NSF, the group that reviews, registers and lists food-grade lubricants, announced last week that it will sunset the U.S. Dept. of Agricultures old lis ...