Volume 5 Issue 26

Ineos Adds Low-vis, High-vis PAOs

Ineos Oligomers announced this week the startup of its new 120,000-metric-tons-per-year low viscosity polyalphaolefins unit at its facility in Chocolate Bayou, Texas, and a phased expansion to add 50% production capacity at its high viscosity PAO unit in La Porte, Texas, fully effective by mid-2025.

U.S. Lube Oil Exports, Imports Rose in 2021

The United States exported 33% more and imported more than 110% more automotive, diesel and marine engine lubricating oils in 2021 than the country did in 2020, according to data tracked by the U.S. International Trade Commission. The federal agency advises the legislative and executive branches on matters of trade.

Standards Proposed for EV Charging Network

Electric vehicle charging stations funded with federal money would have to have a minimum number and type of chargers capable of supporting drivers’ fast-charging needs, under proposed minimum standards and requirements for a national EV charging network outlined in a draft released earlier this month by the Biden administration.

From Other Editions of Lube Report

Exxon Predicts Fewer Base Oil Investments

Grease Production Rises in Europe

Vietnam to Cut Tax on Lubes, Greases

Briefly Noted

Sales of new vehicles in the United States in June are expected to finish near 1.2 million units, down 8% from the same month last year, according to Cox Automotive. Tight inventory in a market still constrained by a lack of supply continues to negatively impact new-vehicle sales, the company noted.