Volume 1 Issue 26
SSY Base Oil Shipping Report
June 27, 2018Adrian Brown is away. His column will reappear in the July 4 edition of Lube Report.
Brazilian Market Bouncing Back
June 27, 2018After several years of decline, Brazil's lubricant industry is showing signs of reviving, according to speakers at an industry conference in Rio de Janeiro last week. Sales from January through April increased 5.9 percent year over year, and demand is forecast to rise an average of 2 percent annually for the next four years.
More Big Hurricanes Forecast for U.S.
June 27, 2018With some forecasters predicting a big increase in hurricanes of the magnitude of last year's Harvey, industry sources say preparation is key to minimizing the impacts of such storms.
U.S. Tops in Base Oil Supply
June 27, 2018Does the global lubricants industry really need 1.12 million barrels a day of mineral base oil manufacturing capacity? Because thats how much it has, finds an annual tally from LubesnGreases. The United States controls 23 percent of this supply, the most for any single country.
From Other Editions of Lube Report
June 27, 2018Phillips 66 to Raise Finished Lube Prices
June 27, 2018Phillips 66 Lubricants notified U.S. customers it would raise finished lubricant prices up to 9 percent effective July 23, which the company attributed in part to increasing costs in the production and delivery of its products.