Volume 5 Issue 3
U.S. Lubricants purchased a lube blending facility in Baltimore, Maryland, from BP, the company announced this week. U.S. Lubricants, which is based in Appleton, Wisconsin, said the acquisition will allow it to expand in terms of volume of finished lubricants produced and geographic reach.
After years of reduced production, Mexico’s government wants state-owned Petroleos Mexicanos to raise its output of base oil, part of a strategy to lower dependence on imports of fuel and lubricants. Any increase in base oil production would presumably take place at Pemex’s refinery in Salamanca, Mexico, which includes the nation’s only base oil plant.
Sales of new light vehicles in the United States slipped 3% to 14.9 million units in 2021, as several factors, including the COVID-19 pandemic and global microchip shortages, had an impact on inventory, according to organizations and companies that track data from U.S. automobile dealers and original equipment manufacturers.