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API Ballots Contentious Definition
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API Ballots Contentious Definition

Lube Report Americas - October 28, 2020

The American Petroleum Institute Lubricants Standards Group is debating an amendment to its Engine Oil Licensing and Cer ...

Additive

U.S. Businesses Could Face COVID Mandates

Lube Report Americas - October 28, 2020

In addition to damage it has done to demand for many types of products, the coronavirus pandemic has hampered business b ...

Heavy-duty Shifts to Lighter Oils

Heavy-duty Shifts to Lighter Oils

Lube Report Americas - October 28, 2020

The heavy-duty diesel engine oil market is gradually shifting to lower-viscosity products, with advancing technology and ...

Economic Diversification Boosts GCC Demand

Economic Diversification Boosts GCC Demand

Lube Report EMEA - October 27, 2020

Lubricant demand within the Gulf Cooperation Council is expected to grow at a moderate pace in the coming years, as memb ...

Russia Market Forecast to Stay Depressed

Russia Market Forecast to Stay Depressed

Lube Report EMEA - October 27, 2020

Russia’s finished lubricant demand will decline 4% to 1.64 million tons in 2020 because of the COVID-19 pandemic’s n ...

Nynas Proposes Debt Restructure

Nynas Proposes Debt Restructure

Lube Report EMEA - October 25, 2020

Nynas AB announced a proposal Monday to restructure its debts to lenders and to repay other creditors, a major step towa ...

Bought Out of Japan, Shell Returns for Lubes

Bought Out of Japan, Shell Returns for Lubes

Lube Report Asia - October 23, 2020

A year and a half after acquiring it, Idemitsu Kosan Co. is selling Shell Lubricants Japan K.K. back to Royal Dutch Shel ...

Additive

Development Buoys Asean Outlook

Lube Report Asia - October 23, 2020

The lubricants market in Southeast Asia – which is weighted toward products for two-wheelers and process oils – will ...

Additive

Japan Market Still Declining

Lube Report Asia - October 23, 2020

Japan consumed 101,588 kiloliters of finished lubricants in August, according to data released recently by the governmen ...

Additive

Equity Firm Buys Angus Chemical Stake

Lube Report Americas - October 21, 2020

France-based private equity firm Ardian paid $2.3 billion to acquire a 50% ownership stake in Angus Chemical Co. from Go ...

Shipping Costs Skyrocket During Pandemic

Shipping Costs Skyrocket During Pandemic

Lube Report Americas - October 21, 2020

The COVID-19 pandemic – along with multiple other disruptors – has upended the logistics market in the United States ...

Additive

Nigerian Blenders Struggle with Pandemic

Lube Report EMEA - October 20, 2020

Discouraging imports of low-grade blended lubricants and curtailing sales of straight mineral oils promoted as finished ...

Russia Softens Ban on Exports to Ukraine

Russia Softens Ban on Exports to Ukraine

Lube Report EMEA - October 20, 2020

Russia last week relaxed a ban on exports of base oils, lubricants and other petroleum products to Ukraine, stepping bac ...

Additive

Fuchs Elevates 2020 Outlook

Lube Report EMEA - October 20, 2020

German independent lubricants blender Fuchs Petrolub SE issued a preliminary report last week showing a 17% decrease ear ...

HCC Down, WD-40 Up

HCC Down, WD-40 Up

Lube Report Americas - October 19, 2020

Heritage-Crystal Clean’s oil business segment reported lower revenue for the third quarter, while WD-40 posted higher ...

SK Makes Group III from Plastics

SK Makes Group III from Plastics

Lube Report Asia - October 16, 2020

SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted ...

BASF Expands Esters Plant in China

BASF Expands Esters Plant in China

Lube Report Asia - October 16, 2020

BASF said Monday that it will almost double synthetic ester base stocks production capacity at its Jinshan, China, site ...