Volume 2 Issue 43
The meteoric rise in clean petroleum freight that occurred last week was not replicated in the chemical shipping market. However, there has been sustained demand in all regions and on some routes freights have moved up, albeit cautiously.-by Adrian Brown
The Fuchs Group acquired American synthetic lubricants blender Nye Lubricants Inc., the companies announced on Monday, expanding Fuchs' specialty lubricants product portfolio.
Lithium prices have fallen in recent months, offering respite to lubricating grease producers who had been squeezed by a run-up triggered by the popularization of electric vehicles.
Heritage-Crystal Cleans oil business segment reported a small decline in revenues for its third quarter, and WD-40 posted steep declines in net income for the fourth quarter of its fiscal year, compared to results a year earlier.