Volume 10 Issue 11
Chevron Adds Group III+ in Pascagoula
March 19, 2025Chevron said Tuesday that it will add API Group III+ production capability at its base oil plant in Pascagoula, Louisiana, United States, claiming the facility will become the first significant source of that grade outside of Asia.
Idemitsu Shuts Tianjin Factory
March 19, 2025Idemitsu Kosan will permanently close its facility in Tianjin, China, by August 2025, citing weakening demand and rising competition.
Singapore Firm Buys Savant Group
March 19, 2025Singaporean investment holding company Paeonia Group has acquired Savant Group for an undisclosed sum.
Stronger Economy Pumps Turkish Market
March 19, 2025Mobil Oil Turk, Exxon’s Turkish unit, has earmarked U.S. $2 million for new production capacity, renewable energy and increasing workforce in anticipation of growth in 2025. The Turkish lubricant market shrank in 2024 by 4% and has been underperforming since 2018, when the lira’s value against the dollar plummeted, sending inflation through the roof and making imported raw materials such as base oil expensive. Mobil Oil Turk’s investment is part of a five-year growth plan that aims to incr...
Custom Content in association with NYCO
NYCO Opens Greenfield Manufacturing Facility
March 19, 2025
NYCO, an integrated specialist in the fabrication of high-performance lubricants and component synthetic base esters, is pleased to announce the startup of its new grass-roots manufacturing plant in Newnan, Georgia.
Briefly Noted
March 12, 2025TotalEnergies Lubrifiants integrated an immersion-cooled battery into a Renault Megane E-Tech, a mass market electric vehicle. The experiment is a world first and significant as it makes it possible for EV batteries to be immersion cooled, which increases efficiency and range. The cooling system was filled with its own cooling fluid Cell-Shield.
Brazilian company Iconic Base Oil was appointed the official distributor of Nynas’ naphthenic product range. The deal will come into effect on Feb. 19, 2025.
Orlen Oil says its new Max Expert automotive engine oil has a new technology in it called Advanced Protect Formula that is activated and ready to go even during cold starts. The technology is a thermo-active coating that stabilizes the lubricating film and helps dissipate heat.