Volume 6 Issue 33

Conditions Eased for Potential Isla Operator
August 16, 2023The 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
August 16, 2023Rerefiner 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
August 16, 2023The 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.
August 16, 2023British 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
August 16, 2023Asian Imports Ascend in Russia
Briefly Noted
August 16, 2023Brazil’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.