Volume 7 Issue 7
Blue Tide Completes First Phase of Project
February 14, 2024Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – a low-sulfur vacuum gasoil plant. Work has started on the second phase of the project, which was undertaken in cooperation with joint venture partner Pennzoil-Quaker State Co., a subsidiary of Shell.
Valvoline Posts Big Jump in Earnings
February 14, 2024Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quarter of the company’s 2024 fiscal year.
Special Report: Base Stocks
February 14, 2024Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil demand in Brazil as well as how a Dutch startup is producing fatty acids from food waste.
Schaeffer Acquires Hicks Oils
February 14, 2024St. Louis-based lubricants blender Schaeffer Manufacturing Co. acquired the lubricants business of Hicks Oils & Hicksgas Inc., in southern Illinois, citing the appeal of Hicks’ experienced employees and having another plant in a second city. The cost was not disclosed.
Interlube Bought by Biochemical Company
February 14, 2024Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegradable lubricants for industrial segments, including mining and construction.
From Other Editions of Lube Report
February 14, 2024Indonesia Disputes EU Fatty Acid Duties