Volume 3 Issue 53

Pandemic Dominated 2020

The coronavirus pandemic upended lubricant markets in the Americas in 2020, as it did for industries everywhere, but the year also saw plenty of other important developments.

U.S. Agency Upbeat on Rerefining

The U.S. Department of Energy’s Office of Fossil Energy issued a report to Congress Dec. 23 advising that the level of used lubricant rerefining in the country could increase and that more information about used lubes should be disseminated.

Martin Midstream Sells Mega Lubricants

Martin Midstream Partners LP sold assets used in connection with its Mega Lubricants shore- based terminals and marine lubricants blending business to Louisiana-based John W. Stone Oil Distributor LLC for $22.4 million.

From Other Editions of Lube Report

More Aggressive Climate Tack for Europe?

After Mergers, Japan Market Diversifies

Chemical Supplier Buying Control of Kangtai

Briefly Noted

Insinger Performance, which has a newly formed lube division, now distributes VP Racing Fuels Inc.’s products – including performance and commercial lubricants – in Maryland, New Jersey, New York, Pennsylvania, Virginia and West Virginia.  Newmarket, Ontario-based machinery supplier Plastics Machinery Inc. became the new distributor for Lube USA Inc. oil and grease lubrication systems in Canada.