Volume 2 Issue 46
The markets are still very disjointed. Some routes have been rather slow this week, even in the Americas and Asia, but equally there have been routes in all three main regions in which activity has improved.-by Adrian Brown
A joint venture between Japanese grease maker Kyodo Yushi and its American partner Lubrication Engineers began operating a new grease plant in Wichita, Kansas, last week, Kyodo Yushi announced.
A group of American researchers claimed last month to have developed a catalyst that effectively recycles plastic grocery bags into lubricating oil and wax.
Calumet Specialty Products Partners, Cosans Moove lubricants segment and Quaker Chemical each reported net losses, while Milacrons Fluid Technologies segment posted a loss in operating earnings for the third quarter. Valvolines operating income from its three segments increased year-over-year for the quarter ending Sept. 30.