Volume 5 Issue 30
GF-7 Comes on Horizon Early
July 27, 2022When ILSAC GF-6 was brought to market in May of 2020, the automobile and lubricant industries hoped it would last a decade, as did its predecessor light-duty engine oil specification, ILSAC G-5. Industry leaders said recently, however, that the next spec will be needed well before the end of this decade.
Gold Eagle Buys Lubrication Specialties
July 27, 2022Lubricant manufacturer and distributor Gold Eagle Co. acquired another blender and distributor, Lubrication Specialties Inc., in a deal struck earlier this month. Lubrication Specialties, based in Mount Gilead, Ohio, manufactures and distributes lubricants and greases for a variety of applications and handles private label blending. Hot Shot’s Secret is the company’s most well-known lubricants line, with more than 50 products.
OQ Gives Final Approval for Expansion
July 27, 2022OQ Chemicals said Tuesday it reached a final investment decision to build additional propionic aldehyde capacity as well as infrastructure to support Röhm in constructing a world-scale methyl methacrylate plant at OQ Chemicals’ production site in Bay City, Texas. The compounds can be used to make viscosity modifiers for lubricants, among other applications.
Briefly Noted
July 27, 2022New light vehicle sales in the United States in June fell to a seasonally adjusted annual rate of 13 million units, a decline of 16% compared to the rate in June 2021, the National Automobile Dealers Association reported. Such sales continue to be limited by inventory constraints across all original equipment manufacturers, the association said, continuing a trend in recent months and for the last year.