Volume 5 Issue 40

Kline: Latin America Demand on Upswing

Finished lubricant demand in Latin America and the Caribbean rebounded in 2021 to pre-pandemic levels – reaching 3.9 million tons, boosted by the region’s recovery in sectors such as manufacturing and tourism, and is projected to grow steadily out to 2031, consultancy Kline & Co. predicts.

Mitsubishi Chemical Delays Geismar Plant

Mitsubishi Chemical Group said Wednesday that it will postpone for up to 18 months a final investment decision on a methyl methacrylate plant that is plans to build in Geismar, Louisiana. The company attributed the delay to “current market volatilities.”

Lubes'n'Greases October Issue Available

The October issue features a special report on additives. Discover how new policy in Europe may contribute to major disruptions for chemical manufacturers as well as how a new antioxidant may be able to boost lubricant performance. Plus, learn about how new developments in EV charging may speed up charging times, the benefits of double separation technology and more.

U.S. Base Oils Output Dipped in July

The United States’ base oil production slipped 9% to in July, while production for the first seven months of the year was up 1%, compared to the same period last year, a U.S. government agency reported on Sept. 30. Total base oil production in the U.S. declined to 5.1 million barrels in July, compared to 5.6 million barrels. It marked the third straight month that production topped 5 million barrels.

From Other Editions of Lube Report

SI Adds Antioxidant Capacity in India

Kirei Vows to Make Additives for Russia

Developing Ultrafast Battery Charging

Briefly Noted

Ergon Inc. named Kris Patrick president and CEO effective Oct. 1. Emmitte J. Haddox, who served as president and CEO since 2016, retired and will continue to serve as a member of the Flowood, Mississippi-based company’s board of directors.