Volume 6 Issue 33

Conditions Eased for Potential Isla Operator

The Curacao government has received interest from at least 15 companies to operate the Isla Refinery, the director of the search said to a local outlet this week, four months after it announced it would have to restart the process all over again.

Financials Fall for Heritage-Crystal Clean, Moove

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which includes oil rerefining, waste oil collection and finished lubricants – citing lower base oil sales prices. Cosan’s Moove saw a significant drop in net income despite a hefty increase in sales volume.

Special Report: Electric Vehicles

The Special Report on Electric Vehicles examines the greasing and heat management needs of this new category of automobiles plus some lessons gleaned from an electrified racing circuit.

SBZ Begins Manufacturing in U.S.

British lubricant additives maker SBZ Corp. announced it has begun manufacturing its lubricant additive packages in the United States, part of a strategy to increase sales in that market. The company did not identify the location of the manufacturing operation, but its U.S. offices are in Levittown, New York.

From Other Editions of Lube Report

Asian Imports Ascend in Russia

Germany Lubricant Demand Declined in May

Bullish Outlook Given for India Market 

Briefly Noted

Brazil’s base oil production was up 104% in June at 49,000 metric tons, compared to 24,000 tons in the same month last year, the National Agency of Petroleum, Natural Gas and Biofuels reported.