Volume 2 Issue 35

SSY Base Oil Shipping Report

There has been a bit more movement in all regions this week. Rates are however generally flat owing to the large amount of vessel space that still must be covered through the first half of September.-by Adrian Brown

New York Settles Over Obsolete Oils

The New York Attorney Generals Office announced Monday that it reached a settlement fining Dollar General Corp. for the sale of obsolete motor oils unsuitable for most automobiles.

Mobil Re-positions in Argentina

ExxonMobil is working to reposition its Mobil brand in some South American countries, including Argentina where it recently signed Cosans Moove to serve as distributor.

MFG Upgrades Manufacturing Plants

MFG Chemical recently announced manufacturing upgrades at its facilities in Dalton, Georgia, that make surfactants, esters and derivative amines, and the company has an eye set on further growth.

From Other Editions of Lube Report

Briefly Noted

ExxonMobil Chemical Co. appointed Synergy Additives Co. S.A. de C.V. as its distributor of API Group IV and Group V synthetic base stocks in Mexico, Central America and the Caribbean. Valvoline announced the acquisition of Calgary, Canada-based quick-lube chain Minit Lube last week, acquiring six stores.