The onslaught of the Omicron coronavirus variant and persistent supply chain disruptions continued to cause headaches and shipment delays in base oil ...

Sales of new light vehicles in the United States slipped 3% to 14.9 million units in 2021, as several factors, including the COVID-19 pandemic and glo ...

After years of reduced production, Mexico’s government wants state-owned Petroleos Mexicanos to raise its output of base oil, part of a strategy to ...

U.S. Lubricants purchased a lube blending facility in Baltimore, Maryland, from BP, the company announced this week. U.S. Lubricants, which is based i ...

Private equity firm OpenGate Capital has acquired Chemsolv Inc., a Virginia-based regional distributor of commodity and specialty chemicals, including ...

Chemical manufacturers in the United States reported that supply chain disruptions are persisting and in some cases worsening, causing them to incur s ...

Base oil demand was fairly steady, but not robust as most buyers were still trying to assess product needs for the next few months. With uncertainties ...

WD-40 Co. reported net income of $18.6 million for the quarter ending Nov. 30, a 21% decrease from $23.6 million in the same period in 2020. The compa ...

Employees at ExxonMobil’s Beaumont, Texas, refining complex and lubricant manufacturing plant completed an election last week on a request to decert ...

The United States produced 5.2 million barrels of base oil in October, a 4% increase from the same month in 2020 and just shy of the October 2019 tota ...

Activity was anticipated to perk up during the week following the New Year’s holiday, with industry participants getting ready to face ongoing chall ...

Swedish company VBG Group acquired all shares of U.S.-based Carlyle Johnson Machine Co. for $16.5 million. Carlyle Johnson designs and manufactures co ...

ExxonMobil’s Baytown, Texas, refinery – site of the second-largest base oil plant in the United States – is operating at reduced rates following ...

Market participants’ absence from the workplace ahead of the New Year’s holiday accentuated the slower business pace seen over the last several da ...

The James Webb Space Telescope, scheduled to launch Dec. 24 on a NASA mission from French Guiana, will rely on a proprietary oil provided by Nye Lubri ...

President Joseph Biden’s administration announced a series of fuel economy standards this week, a move viewed as further spurring the nation’s shi ...

With the year-end holidays around the corner and the shadow of a new wave of coronavirus infections haunting the market, base oil activity was underst ...

Canadian Pacific Railway Ltd. announced yesterday the completion of its $31 billion acquisition of Kansas City Southern, one of the largest transporte ...

Not surprisingly, the start of the holiday season had a dampening effect on base oil market activity, although several suppliers noted that orders had ...

ExxonMobil’s entry into the linear alpha olefin market has been delayed as a large expansion of the company’s Baytown, Texas, petrochemical comple ...