Volume 2 Issue 25
SSY Base Oil Shipping Report
June 19, 2019Activity is more encouraging out of the U.S. Gulf, but both Asia and Europe are disappointingly quiet.-by Adrian Brown
Brazil’s Lube Market Rebounds
June 19, 2019Lubricant demand in Brazil jumped to 399,000 metric tons for the first four months of this year, a 5 percent increase compared to the same period of 2018. The results buoyed expectations for the market, which swelled slightly in 2018 after four years of big declines.
Thirst for Natural Gas Engine Oils Grows
June 19, 2019Demand for engine oil used in natural gas engines is projected to grow over the next few years as governments push for cleaner fuel alternatives, according to a market report by consultancy firm Kline & Co.
Sol Shutters Jamaica Distributorship
June 19, 2019Sol Petroleum Jamaica Ltd., a subsidiary of a Shell lubricants macro distributor, will shut down its lubricants business effective June 30 after its parent company decided to discontinue operations in the Caribbean island country.
From Other Editions of Lube Report
June 19, 2019Briefly Noted
June 19, 2019New Jersey-based remote monitoring equipment company Anova acquired Portugal-based Intelligent Sensing Anywhere, which provides remote monitoring solutions via the internet for the oil and gas market, including for lubricant storage tanks. ISA has additional offices in Brazil, the U.S. and Canada.