Volume 3 Issue 25
Use of Base Oil Brokers Rises in Mexico
June 14, 2020Close to two-thirds of base oil sold by United States refiners into Mexico is transacted through brokers, according to five industry insiders, and the number is expected to increase as Mexico struggles to cope with Covid-19 and its ailing economy.
Covid-19 Impacts Vary by Region, Markets
June 14, 2020Covid-19’s impacts on lubricant markets varied due to the differences in how and when individual countries’ governments responded, while the drop in lubricant demand caused the spot market for base oils to evaporate, industry insiders said during a webinar last week.
States Sue Over Fuel Economy Rollback
June 14, 2020Twenty-three United States states and the District of Columbia sued President Donald Trump’s administration at the end of last month over its decision to scale back on aggressive automobile fuel economy targets set by Trump’s predecessor, Barack Obama.
Briefly Noted
June 14, 2020Katie VanQuathem joined Emery Oleochemicals’ North American specialties sales group as an area business manager to support the company’s bio-lubricants business. VanQuathem will be responsible for maintaining and growing the business with both existing and new customers, focusing on key regions throughout the United States.