Volume 1 Issue 32
It may be summer, but a tiny improvement in demand has been registered in the markets in the United States and Asia, and even the European domestic market this week.-by Adrian Brown
Two Missouri residents petitioned to file a class action lawsuit against Smittys Supply Inc. and Tractor Supply Co., claiming yellow buckets of Smittys Super S Supertrac 303 tractor hydraulic fluid purchased from both companies failed to meet advertised specifications and performance claims.
The Federal Trade Commission rejected recycled oil rule changes suggested by rerefiner Avista Oil - to specify that base oil produced through rerefining is of equal or better quality than virgin base oil - and by the American Petroleum Institute, which sought more precise definitions for recycled oil and related manufacturing and marketing terms.
Heritage-Crystal Cleans oil business segment and Milacrons Fluid Technologies segment each reported increases in revenue, and Quaker Chemical posted increases in net sales and net income.
Editors at Lube Reports sister publication, LubesnGreases magazine, have just capped off a decade of producing our yearly Lubricants Industry Factbook. The 10th edition of this valuable guide is packed with eye-opening information about lubricant industry trends, statistics and standards.