Volume 4 Issue 35

Industry Weathers Scare from Ida

The United States lubricant industry seemed to largely dodge a major scare as facilities along the Gulf of Mexico coast appeared to have avoided serious damage after Hurricane Ida barreled ashore Sunday. Stolt-Nielsen did state today that its Stolthaven terminal in New Orleans – a key distribution point for API Group III imports to the U.S. – was closed and that the company had declared force majeure for the facility.

Automakers Request Supplement to SP

Several automakers formally requested that the American Petroleum Institute’s Lubricants Group develop a supplement to the API SP specification to include an aged oil test for protection against low-speed pre-ignition in turbocharged gasoline direct injection engines.

Tall Oil Demand Said to be Rising

Rising electric vehicle sales and global carbon-neutrality initiatives are helping drive demand for use of tall oil fatty acid derivatives in the lubricants market, a tall oil fatty acid supplier executive said during an online webinar.

From Other Editions of Lube Report

Huntsman Boosts Amines Capacity

Gazpromneft Sales Grew in First Half

July Strong for South Korean Base Oils

Briefly Noted

U.S. auto sales are expected to finish near 14.3 million for August, on a seasonally adjusted basis, the slowest pace this year, according to a Cox Automotive forecast released Aug. 25. The August number will be down from July’s 14.8 million sales and down from 15.2 million in August 2020, after averaging nearly 17 million a month this year through May.