Home January 1, 2020

January 1, 2020

Volume 3 Issue 1

Panelists Encourage ILSAC-ATIEL Cooperation

The worlds two leading engine oil specification groups have developed a closer working relationship in recent years, which will enable new development processes to move forward more quickly and smoothly.

Isla Refinery Agrees to Deal with Klesch

Refineria di Korsou - the Curacao government entity that owns the Isla Refinery - announced an agreement last week for industrial commodities conglomerate Klesch Group to operate the facility, which includes a base oil plant.

Consultant: Hybrids Will Need Group III+

The trend toward electrified vehicles will mean an increase in demand for API Group III+ base stocks because they will be needed to formulate engine oils for hybrid and plug-in hybrid cars, a consultant said at a recent industry conference.

IMO 2020 Regulation Takes Effect

Worldwide implementation started today for the new IMO 2020 regulation on marine sulfur levels. Part of a broader United Nations effort to reduce pollution from ships, IMO 2020 reduces sulfur limits on marine fuels for most coastal and international waters from 3.5 percent by weight to 0.5 percent.

Base Oil Reports

purple world americas

U.S. Base Oil Price Report

There were few fireworks to mark the start of the new year in the U.S. base oils market, as many participants were away during the year-end holidays and prices showed steady behavior.-by Gabriela Wheeler
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