Volume 3 Issue 12
Fog Weighs on Base Oil Traffic
March 13, 2020Hurricanes justifiably cause much consternation for Gulf Coast base oil refiners and their customers, but fog is a bigger disruptor, settling in more frequently and fouling supply chains for up to weeks at a time.
PdVSA Lube Chief Arrested
March 13, 2020The president of Petroleos de Venezuela S.A.’s lubricant business was one of several company officials arrested early this month on corruption allegations by a committee appointed to reform the national oil company.
Parkland’s Lubes Sales Rise
March 13, 2020Canada-based distributor Parkland Fuel Corp. posted a 122 percent jump in consolidated revenue for its lubricant segment for full year 2019, thanks to acquisitions that helped it break into overseas markets.
From Other Editions of Lube Report
March 13, 2020Briefly Noted
March 13, 2020Commerce City, Colorado-based Offen Petroleum acquired Bosselman Energy, a lubricants distributor operating in Nebraska, Colorado, Kansas and Iowa. Westlake, Ohio-based specialty chemical distributor Sea-Land Chemical Co. promoted Matthew Mapus to vice president of marketing. Mapus previously served as the company’s director of marketing.