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July 1, 2020

Volume 3 Issue 27

Grim Outlook Given for Industry

The COVID-19 pandemic has caused serious damage to lubricants markets around the world, but the bigger problem could be the length of time it takes the industry to emerge from the crisis, according to speakers at a webinar hosted by Lubes’n’Greases.

North American Grease Production Slips

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the United States-based National Lubricating Grease Institute.

YPF Distributes Chevron Base Oils

Chevron Products Co. announced a base oil distribution agreement with Argentine energy company YPF S.A., adding its second API Group II base oil hub in South America.

Briefly Noted

University of California, Merced Professor Ashlie Martini and her tribology lab, along with collaborators at the University of Nevada, Reno, and private company Nanotech, will spend the next three years using experimental and computational methods to understand room-temperature ionic liquid mechanisms. Under the National Science Foundation-supported project, they will look for the best ways to produce ionic liquid lubricants and evaluate their performance and biodegradability.

Base Oil Reports

purple world americas

U.S. Base Oil Price Report

A second wave of COVID-19 infections in the United States – more insidious and worrisome than the first one – is testing participants’ confidence in the base oils and lubricants market recovery, while the recent rise in feedstock values has prompted Cross Oil to communicate a price increase for its naphthenic base oils.–by Gabriela Wheeler
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