Market Topics

OSTFILDERN, Germany – Like their counterparts in North America and Europe, Japan’s lubricant companies are struggling with a mature, low-g ...

The American Petroleum Institute has agreed in principle with a proposal by automakers to modify the process for adopting engine oil quality upgrades. ...

Base Oil Price Report

January 16, 2002

ExxonMobil lowered its posted prices for base oils Monday, a move that is likely to trigger the third round of price cuts in the United States since m ...

Castrol has scored an OEM hat trick, reaching an agreement with Ford Motor Co. that makes it the factory-fill lubricant supplier for Jaguar Cars Ltd., ...

One U.S. lubricant industry backwater — aviation piston engine oils — seems long overdue for a shake up in both technology and marketing. ...

Signaling a possible rift between the leading motor oil marketer and the largest U.S. quick-lube chain, the Jiffy Lube Association of Franchisees said ...

Ashland Inc. announced Thursday that it has hired from within to find a new president for The Valvoline Co., selecting Samuel J. Mitchell Jr. The 40-y ...

New Sulfonates Plant Opens

January 9, 2002

Offering to relieve tight demand for an important ingredient in metalworking fluids and other lubricants, chemical broker Kimes Trading International ...

Amalie Oil Co. knows it lacks financial resources to imitate the buy-some-market-share strategy that some oil companies have followed to enter China. ...

Base Oil Price Report

January 3, 2002

The U.S. base oil market is dormant and likely to remain so for several weeks, but suppliers say the calm does not preclude chances for price movement ...

ExxonMobil Corp. has named Moses W. Dunning Americas base stock manager, replacing Erwin R. Erv Burbach, who moved to a new position. Dunning has bee ...

Southwest Research Institute is combining two previously announced initiatives in an attempt to attract companies to study how lubricating oils poison ...

Germanys lubricant market appears poised for a shake-up after Shell and RWE-DEA won partial approval for a German partnership, and Fuchs Petrolub anno ...

Base Oil Price Report

December 27, 2001

With the U.S. base oil market practically closed for the holidays, producers and consumers are turning their attention to 2002. Sources said the marke ...

Citgo Completes Cit-Con Buyout

December 27, 2001

Citgo Petroleum Corp. announced Dec. 19 that it has completed its purchase of Conocos 35 percent stake in their Cit-Con Oil Corp. joint venture. The c ...

FTC Approves Valero-UDS Merger

December 27, 2001

Valero Energy Corp. and Ultramar Diamond Shamrock announced last week that the U.S. Federal Trade Commission has approved their merger and that they p ...

In the midst of a 264,000-gallon recall of Aeroshell aviation engine oil, Equilon Lubricants LLC says contaminated fluid poses no risk to air traveler ...

Base Oil Price Report

December 19, 2001

Naphthenics have been the more stable side of the U.S. base oil market in recent months but suppliers said there are signs that price cuts could be lo ...

Rhein Chemie Goes On Block

December 19, 2001

Chemical giant Bayer AG announced plans to divest three subsidiaries, including rubber and lubricant additives manufacturer Rhein Chemie Rheinau GmbH. ...

Mega Lube Ups Indian Ante

December 19, 2001

South African lubricant manufacturer Mega Lube CC announced plans to invest 450 million rupees (US$9.4 million) to build a lubricant blending plant in ...