Volume 6 Issue 39

U.S. Policies Could Spur Industrial Lube Demand

North America accounted for 24% of global lubricants demand in 2022, with nearly half of its share coming from an industrial segment that shows potential for growth, according to a recent webinar conducted by Kline & Co. consultants. Officials from the firm pointed to government United States policies aimed at bringing back manufacturing.

API Adopts SAE 0W-8 and SAE 0W-12

The American Petroleum Institute on Thursday adopted SAE 0W-8 and 0W-12 viscosity grades into service category API SP, extending the bottom range of potential vis grades for North America’s newest passenger car motor oil specification. The action is part of a long-term global trend toward lighter PCMOs, but some industry sources predict 0W-8 and 0W-12 will never become as popular as predecessor grades.

Iconic Will Also Distribute Chevron Base Oils

Chevron and Ipiranga recently agreed that their Brazil joint venture, Iconic, will distribute Chevron base oils in addition to the finished lubricants that the partnership has carried for the past six years. Iconic is emphasizing that the base oil activities will operate separately.

From Other Editions of Lube Report

Suprotec Plans Grease, Metalworking Fluid Plant

McDonch Opening Lube Plant in China

South Korea Base Oil Exports Dropped in July

Briefly Noted

Paquet & Fils will distribute TotalEnergies Marketing Canada Inc.’s lubricants in Quebec under a five-year agreement announced last week.

L.B. Foster Co. said it will extend its North American strategic partnership with Fuchs Lubricants Co. to additional rail markets in South America, Australia and China. The partnership combines L.B. Foster’s expertise in deploying friction management solutions for the rail industry with Fuchs’ manufacturing capabilities and lubrication solutions for railway traffic.