Volume 6 Issue 19
Base Oil Exports Slip, Imports Rise
May 10, 2023Base oil exports from the United States declined 10% to 2.3 million barrels – dragged down by decreases in exports to Mexico, Brazil, Canada and India, according to data released by the U.S. Energy Information Administration.
Q1 Challenging for Rerefiners
May 10, 2023The base oil market was a challenging environment for rerefiners during the first three months of 2023, according to recent stock exchange filings by two American companies.
Lubes’n’Greases May Issue Available
May 10, 2023The May issue explores why U.S. base oil production dropped off in 2022. This issue also includes feature articles about how one global metalworking fluid distributor is working to increase its sustainability profile as well as how lubricant companies can attract and retain quality employees. Plus, find out what regulatory bodies do to ensure continuity of licensing when engine tests fail.
Amsoil Acquires Industrial Lube Blender
May 10, 2023Superior, Wisconsin-based Amsoil Inc. acquired fellow Wisconsin lube blender Benz Oil, the companies announced on Monday. The move expands Amsoil’s portfolio of lubricant and metalworking fluid production capabilities.
From Other Editions of Lube Report
May 10, 2023Moresco to Relocate China Lubes to New Plant
Briefly Noted
May 10, 2023Brazil’s National Association of Motor Vehicle Manufacturers, or Anfavea, reported that sales of passenger cars in the South American country increased 2% to 160,700 vehicles licensed in April, compared to the same month last year. Year-to-date sales through April reached 633,000 units, a 14% increase from the same period last year.