Additional posted price increases emerged this week on the back of last week’s producer-driven initiatives. All of these movements were fueled by st ...
Lubricating grease production in North America rose 9% in 2021, according to the National Lubricating Grease Institute’s latest annual survey. Produ ...
Sales at oil change and lubrication shops in the United States climbed 10% to $6.3 billion in 2021, compared to $5.7 billion in 2020, according to a j ...
Several fresh price initiatives were reported this week on both the paraffinic and naphthenic sides of the base oils market. The price movements were ...
German-based grease and lubrication systems manufacturer H-T-L Perma USA is expanding its production capacity at a new headquarters in Charlotte, Nort ...
Two increase initiatives emerged this week: One on the paraffinic side of the base oils market, and the other on the naphthenic side. Rerefiner Avista ...
Safety-Kleen has rebranded its rerefined base oils, putting them under the Kleen+ name that emphasizes their reduced carbon footprint. Officials ackno ...
Base oil production in the United States rose 15% in March, compared to the same month last year, and was 17% higher than in March 2020, a U.S. govern ...
Market activity was expected to pick up following the Memorial Day holiday on May 30, the unofficial start of the summer driving season in the United ...
Vertex Energy Inc. reported large increases in gross profit and revenues for its used motor oil collection and processing business, while Perimeter So ...
An arbitrator last month issued a final award exonerating a former executive of International Petroleum Products & Additives Co. of violating term ...
The speed of price increase announcements seemed to accelerate this week. While Safety-Kleen communicated a posted price increase, rounding out a stri ...
Cosan’s Moove made a splash this week with an almost half-billion-dollar acquisition for PetroChoice, the largest lubricants distributor in the Unit ...
Several paraffinic producers announced posted price increases, trailing a couple of suppliers who initiated markups in the previous two weeks. The inc ...
Chevron announced a posted price increase this week, a week after Excel Paralubes had communicated a similar initiative, ushering in the fourth increa ...
Base oil production in the United States rose by 34% in February, compared to the same month last year, a U.S. government agency reported last week. O ...
Excel Paralubes communicated a posted price increase this week, hot on the heels of a previous round of price adjustments for API Group I, II and II+ ...
Additional base oil producers joined those suppliers that had announced posted price increases last week by stepping out with initiatives of their own ...
WD-40 Co. reported net income of $19.5 million for its second quarter ending Feb. 28, a 13% increase compared to the same quarter last year.
Mexico’s government nationalized the country’s nascent lithium industry this week as legislators approved President Andrés Manuel López Obrado ...
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