Volume 2 Issue 32
The U.S. Gulf is not showing any serious signs of a summer recess so far. Europe has got off to a slow start to August, while in Asia market conditions are no better than before, but nor have they deteriorated further.-by Adrian Brown
Adding its weight to recent efforts to rid the tractor lubricant market of poor quality products, ASTM International announced last week that it will develop a minimum performance standard for tractor hydraulic fluids.
Afton Chemicals petroleum additives segment posted higher operating profit, while Quaker Chemical and HollyFrontiers lubricants segment recorded weaker financial results for the quarter ended June 30. Valvolines performance was level with the same period of 2018, while Clean Harbors Safety-Kleen segment had higher revenues.
The National Lubricating Grease Institute yesterday announced a collaboration with the Center for Quality Assurance to define future grease specifications that will better reflect advancements in materials, technologies and applications.