Volume 1 Issue 5

Profits Up at China Rerun

Lubricant marketer China Rerun Chemical reported that gross profits for the 12 months ended Aug. 31 increased 22 percent...

Vote Endorses Gulf Demerger

Gulf Oil Corp. shareholders on Thursday gave a ringing endorsement to managements proposal to carve out the companys lub...

Base Oil Shifts Create Challenges

The base oil market is shifting toward API Group II and III oils because of their advantages for formulating products su...

Tax Change Roils U.P. Lubes Biz

The Indian state of Uttar Pradesh has effectively imposed a steep tax hike on lubricants by removing them from the list ...

BP Sells Jet Oils Business

BP agreed to sell its aviation turbine oil business assets to Eastman Chemical Co. for an undisclosed amount, both compa...