Volume 1 Issue 17

SSY Base Oil Shipping Report

A bit more business has been detected in the U.S. markets this week. Europe is steady, with freights roughly unchanged. Asian coastal markets are very much hand-to-mouth, however, with some freights starting to weaken.-by Adrian Brown

Canadian Lube Market Shrinking

Automotive lubricant demand in Canada is expected to fall roughly 5 percent from 390,000 metric tons in 2016 to 370,000 tons in 2021, thanks to lengthening drain intervals, the Freedonia Group predicted in a recent study.

Shell Sells Argentina Business to JV

Shell announced yesterday that it agreed to sell its downstream business in Argentina to Raizen, a 50-50 joint venture with Brazilian sugar producer Cosan. The business is reportedly one of the three largest lubricant suppliers in the Argentinian market.

SN Plus Licensing Begins Next Week

May 1 will be the first licensing date for API SN Plus, the supplemental classification for passenger car motor oils.

From Other Editions of Lube Report

Briefly Noted

RelaDyne acquired A&W Oil & Tire Co., an Augusta, Georgia-headquartered fuel and lubricant distributor that has a second facility in Waynesboro and that serves eastern Georgia and western South Carolina. Quest Resource Holding Corp., a national provider of corporate sustainability services, is introducing a used motor oil recycling program at locations across the United States for customers using Shells portfolio of motor oils. Jackson, Mississippi-based Ergon, Inc. announced its founder Leslie B. Lampton, who served as the chairman emeritus of the company, passed away April 17.