Volume 5 Issue 48

U.S. Leads North America’s Rebound

North American lubricant demand in 2021 almost recovered to pre-pandemic levels, driven by strong growth in the United States’ market. Despite inflation, rising raw material costs and supply chain disruptions, North America’s total lubricant demand reached 97% of the 2019 total, consultancy Kline & Co. found.

U.S. Base Oils Fall in September

The United States’ base oil production declined 16% in September, and production for the first nine months of the year was down 4%, compared to the same periods last year, the U.S. Energy Information Administration reported today.

Impact of EVs Greater on MWFs than PCMO

E-mobility's impact on the industry will be felt more acutely by MWF producers, according to a new ILMA report.

From Other Editions of Lube Report

Luberef Plans IPO; Will Make Group III

S&P Forecasts Flat Demand to 2050

SK Lubricants Renames Itself SK Enmove

Briefly Noted

November U.S. auto sales are expected to be up 11% at 1.1 million units sold, according to a forecast released by Cox Automotive on Monday. Cox noted that new-vehicle inventory levels are much higher this month at dealer lots across the country than in the same month last year.