Volume 5 Issue 12
Nynas AB – one of the world’s largest naphthenic base oil producers and the only large European source – is halting direct sales in North America, citing supply chain issues that make it difficult to compete there. The company, which is based in Stockholm, said it will concentrate direct sales activities in Europe, which has fewer suppliers.
More than 500 members of the United Steelworkers union went on strike Monday at Chevron’s refinery in Richmond, California, which has an API Group II and Group III base oil plant. Delivery of products to customers continues, the company said.
Lubricant producer Champion Brands LLC was slapped with a $130,243 fee by the U.S. Environmental Protection Agency (EPA) for failing to release annual reports regarding pollution at its facility.