Volume 4 Issue 2

Base Oil Output Keeps Bouncing Back
January 13, 2021United States base oil production continued to recover from the impacts of the COVID-19 pandemic in October, rising abov...

API Begins 2021 Monitoring Program
January 13, 2021The American Petroleum Institute announced the start yesterday of the 2021 cycle of its Aftermarket Audit Program, sayin...

SK Capital Invests in Lubes Distributor
January 13, 2021SK Capital Partners L.P. made a controlling investment in Baltimore, Maryland-based lubricants and specialty chemicals d...
WD-40 Income, Sales Up
January 13, 2021WD-40 Co. reported net income of $23.6 million for the quarter ending Nov. 30, up 94% from $12.2 million in the same per...
From Other Editions of Lube Report
January 13, 2021Briefly Noted
January 13, 2021Effective Feb. 1, Dover Chemical Corp. announced a price increase of 11 cents per pound for off-list prices on all grades of para-nonylphenol and di-nonylphenol products, citing increasing costs for items such as raw materials, packaging and transportation. Applications for para-nonylphenol include nonionic surfactants, corrosion inhibitors and dispersants, while application areas for di-nonylphenol include lube oil additives, nonionic surfactants and dispersants. Citgo will raise prices up to 12% on branded and unbranded finished lubricants effective Feb. 8, citing escalations in component and transportation costs. The board of directors of Calumet GP LLC, the general partner of Calumet Specialty Products Partners, L.P., appointed Louis Todd Borgmann to serve as the company’s senior vice president and chief financial officer, effective Jan. 1.