Market Topics

(MUMBAI, India) – Indias Disinvestment Ministry has short-listed prospective bidders and announced that the privatization of Balmer Lawrie and C ...

Yesterdays merger of Conoco Inc. and Phillips Petroleum Co. created the fourth-largest lubricants marketer in the United States. Officials called it a ...

Base Oil Price Report

August 28, 2002

ExxonMobil announced yesterday that it is raising most of its base oil postings by 5 cents per gallon, effective today. According to sources, the comp ...

Gulf Oil Indias parent company, Hinduja Group, announced last week that it has completed the merger of the lubricant business with its sister company, ...

Eight years after it was promised, the U.S. Senate has received a proposal that would afford lubricant distributors the same rights as fuel distributo ...

Base Oil Price Report

August 21, 2002

Concerns about a shortage in the United States of Group II-plus have abated in recent weeks, although demand continues to be strong. Buyers and seller ...

Pioneering Rerefinery Sold

August 21, 2002

A Western Canada waste management company has agreed to acquire the assets of Mohawk Lubricants Ltd., including the worlds first commercial rerefinery ...

First quarter lubricant sales in the United States fell 2.7 percent from the first quarter of 2001, according to the latest Quarterly Index of Lubrica ...

Truckers Fail to Sway EPA

August 21, 2002

The U.S. Environmental Protection Agency has turned aside a request by the American Trucking Associations to delay a mandate requiring cleaner diesel ...

Base Oil Price Report

August 14, 2002

“When Baytown goes down, it’s an eclipse of the sun,” says one industry observer. “Baytown is the most influential refinery in ...

After a bad experience with GF-3, U.S. quick lube operators are getting more involved in the next passenger car motor oil upgrade. The Automotive Oil ...

Having gained shareholder approval Aug. 1, Pennzoil-Quaker State Co. moved one step closer to being purchased by Shell Oil. That placed CEO Jim Postl ...

World Lube Demand Rebounds

August 14, 2002

2002 may not seem like a great year for the lubricants industry but, for much of the world, its turning out better than 2001. Thats the assessment of ...

Base Oil Price Report

August 7, 2002

Posted prices for paraffinic base oil in the United States were unchanged during a quiet week for the market. Postings of principal U.S. suppliers are ...

Ethyl Corp. said that its second quarter earnings from continuing operations dropped 73 percent, to $1.4 million, or 9 cents per share. Decreased earn ...

Third Coast Industries will not rise from the ashes of a devastating fire, after all. The Friendswood, Texas, lubricant blender, which said six weeks ...

Automakers have been saying for years that they want formulators to cut the phosphorus content of motor oils, to reduce its poisonous effect on cataly ...

Valvoline parent company Ashland Inc. announced Friday that Chairman and Chief Executive Officer Paul W. Chellgren is stepping down after violating a ...

Base Oil Price Report

July 31, 2002

The U.S. base oil market may be experiencing a slow summer, but the global market has seen recent shake-ups in traditional trading patterns. Sources d ...

Synthetic lubricant demand in Southeast Asia will increase by 3.5 percent annually through 2008, a new study projects. It adds, however, that major oi ...