Volume 1 Issue 33

SSY Base Oil Shipping Report

It has been a much quieter week throughout Europe. The recovery in the U.S. market appears to have stalled, with a large number of sophisticated vessels laying idle. The situation in Asia is stable, but is far from perfect.-by Adrian Brown

Yushiro, QualiChem Form Partnership

Japan-based Yushiro Chemical Industry Co. and American metalworking fluid supplier QualiChem Inc. announced an agreement yesterday for Yushiro to acquire a stake in QualiChem and for the companies to help each other enter new markets.

Growth Forecast for Oil Change Sales

Sales by automotive oil change and lubrication shops in the United States are projected to grow by a compound annual rate of 4 percent from $6.1 billion in 2017 to $7.1 billion in 2021, according to a report jointly published by the Auto Care Association and the Automotive Aftermarket Suppliers Association.

Income Down at Valvoline, HollyFrontier

Valvolines operating income was down slightly, HollyFrontiers lubricants and specialty products posted a decrease in net income, and Clean Harbors Safety-Kleen segment posted improved revenue, all for the quarter ending June 30.

Publisher’s Note: Lubricants Industry Factbook

Editors at Lube Report's sister publication, Lubes'n'Greases 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.

From Other Editions of Lube Report

Briefly Noted

Jackson, Mississippi-based Ergon Inc.s wholly owned subsidiary, Ergon Chemicals LLC, completed the purchase Aug. 1 of Resinall, a manufacturer of thermoplastic resins and polymers with facilities in Hattiesburg, Mississippi, and Severn, North Carolina. Cincinnati-based Pilot Chemical Co.recently opened its new Innovation Center. Pilot added nine new roles to staff the center, which is an expansion that doubles the size of its Pilot Polymer Technologies laboratory facility and was built to address customer needs and develop new products.