North America

The National Lubricating Grease Institute launched on Dec. 2 its new High-Performance Multiuse Grease Certification, known as HPM, and subcategories w ...

Biofuels Hog Tall Oil Supply

December 9, 2020

A recent study forecasts an 8% supply deficit for crude tall oil for all applications by 2030 because of high demand for its use in transportation-rel ...

Base oil output in the United States was 11% lower than the running five-year average for that month, the industry's best performance since the COVID- ...

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices have fallen and risen due to sh ...

S&P Global, IHS Markit Merge

December 2, 2020

S&P Global and IHS Markit have agreed to merge in a deal that will unite two of the world’s biggest financial data services companies, one of wh ...

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a smaller operating loss but lower rev ...

Equity Firm Acquires Kano Labs

November 25, 2020

A private equity firm acquired Nashville, Tennessee-based Kano Laboratories, which produces branded penetrating oils and lubricants that professionals ...

The United State Environmental Protection Agency awarded a $300,000 grant recently to a New Jersey university that will try to help ExxonMobil reduce ...

With razor-thin margins of control in both the United States House and Senate, the incoming presidential administration will be forced to lead from th ...

A Minnesota company formerly known as Rational Energies changed its name last month to Rational Resource and announced that it is switching its busine ...

A $1.8 million grant from the U.S. Department of Energy will help accelerate development of Baltimore, Maryland-based Pixelligent’s nanocomposite te ...

Fuchs Group acquired Sanford, North Carolina-based PolySi Technologies, which formulates and manufactures silicone lubricants and greases, as well as ...

Base oil production in the United States dropped to 4.6 million barrels in August, according to newly released government data, interrupting two conse ...

Afton Chemical reported higher operating profit and a decrease in sales for its third quarter, and Valvoline’s operating income and sales from its t ...

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...

Need to Know

November 2, 2020

Crunch Time  Looking at the United States lubricants business today, it’s hard to believe that just two decades ago there were close to 10,0 ...

The American Petroleum Institute Lubricants Standards Group is debating an amendment to its Engine Oil Licensing and Certification System, also known ...

In addition to damage it has done to demand for many types of products, the coronavirus pandemic has hampered business by saddling them with a range o ...

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

France-based private equity firm Ardian paid $2.3 billion to acquire a 50% ownership stake in Angus Chemical Co. from Golden Gate Capital, which conti ...