Volume 3 Issue 46
Lube Recycler Makes Group I Oils
November 11, 2020A Minnesota company formerly known as Rational Energies changed its name last month to Rational Resource and announced that it is switching its business from pyrolysis of waste plastics to recycling used motor oil into API Group I base stocks.
Profits Down for Calumet, Up for Quaker
November 11, 2020Calumet Specialty Products Partners LP reported a worse loss for the quarter ended Sept. 30, compared to the same period of 2019, while profits improved at Quaker Chemical and HollyFrontier.
Federal Grant Aids Nanoparticles in Lubes
November 11, 2020A $1.8 million grant from the U.S. Department of Energy will help accelerate development of Baltimore, Maryland-based Pixelligent’s nanocomposite technology for lubricants designed for use in harsh environments. Commercial testing partners include ExxonMobil and Lanxess AG.
From Other Editions of Lube Report
November 11, 2020Omsk Refinery Makes Calcium Sulfonate
Briefly Noted
November 11, 2020Lilly Epstein Stotland was named CEO of Southfield, Michigan-based Vesco Oil, which distributes branded automotive and industrial lubricants from locations in Michigan, Ohio and Pennsylvania. The company also recycles used oil and oil filters. Equity firm Pritzker Private Capital said yesterday it completed its previously announced acquisitions of Omaha, Nebraska-based private label lubricant manufacturer Warren Distribution and Memphis, Tennessee-based automotive aftermarket products distributor Highline Aftermarket Holdings