Home May 29, 2019

May 29, 2019

Volume 2 Issue 22

Tribologists Urged to Accelerate Innovation

Attendees at the annual meeting of the Society of Tribologists and Lubrication Engineers heard a call to accelerate their pace of innovation. An official from a bearing manufacturer said the world needs solutions from the industry.

Ecuador Aims to Recycle More Used Lubes

The government of Ecuador aims for the country to recycle 100 percent of its used lubricants and has vowed to guarantee new investments to permit installation of processing plants under a Ministry of the Environment agreement signed earlier this month.

Auto Sales Growth Forecast in Latin America

The passenger vehicle market in Latin America is projected to grow 4.3 percent in 2019 to 5.7 million new units, according to a study by Frost & Sullivan. The consulting firm also concluded that new brands may be grabbing market share and that trade agreements may open the way to more growth.

Briefly Noted

Baltimore, Maryland-based Origin International Inc., which owns two used motor oil and lubricant collection businesses in the Mid-Atlantic and U.S. Gulf Coast regions, completed the acquisition of AQ Group BVBA last week. The latter provides mobile degassing, flaring, scrubber and filtering services for rail, truck, vessels and tanks. All Nippon Airways is now using ExxonMobil's Mobil Jet Oil 387 in the engines and generators of the airline's newly purchased Airbus A380 aircraft. The aircraft has begun service on a route between Tokyo and Honolulu, Hawaii.

Base Oil Reports

purple world americas

U.S. Base Oil Price Report

The approach of the summer holiday period and the long Memorial Day weekend led to a more sedate trading pace, although a majority of participants appeared satisfied with the level of business seen over the last two weeks.-by Gabriela Wheeler

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