Home February 19, 2020

February 19, 2020

Volume 3 Issue 8

Baton Rouge Refinery Hit by Fire

ExxonMobil is still mum on the cause and effect of a massive fire last week at its large refinery and chemical facility in Baton Rouge, Louisiana, but base oil operations do not appear to have been hindered.

LSPI Concerns Center on Age of Oil

ILSAC GF-6 is on its home stretch to commercial introduction on May 1, but automakers and the lubricant industry are questioning whether additional work is needed to help prevent low-speed pre-ignition.

Baton Rouge Refinery Hit by Fire

ExxonMobil is still mum on the cause and effect of a massive fire last week at its large refinery and chemical facility in Baton Rouge, Louisiana, but base oil operations do not appear to have been hindered.

Revenue Up, Income Down for Cosan

Moove - Cosans lubricants production and distribution arm - reported higher revenue and sales volumes for the fourth quarter and full year, but posted a net loss for the fourth quarter and lower net income for the full year.

Briefly Noted

Amsoil will provide first-fill lubricant for Banks Powers patented differential covers. Banks is an engineering firm and manufacturer of power-enhancing products for gasoline- and diesel-powered engines. Dalton, Georgia-based specialty chemical manufacturer MFG Chemical named Paul Turgeon - who has served on its board of directors since 2017 and as executive board director - president and CEO, succeeding Keith Arnold. Arnold, president and CEO since 2017, is stepping down to focus on personal and family priorities and will remain on the companys board of directors and on the board of governors for the Society of Chemical Manufacturers and Affiliates.

Base Oil Reports

purple world americas

U.S. Base Oil Price Report

The Presidents Day holiday on Feb. 17 and the start of the ICIS World Base Oils Conference in London drew participants away from the work place and resulted in largely unchanged market conditions, although some discussions certainly focused on the impact of the coronavirus outbreak.-by Gabriela Wheeler
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