Volume 2 Issue 13
SSY Base Oil Shipping Report
March 26, 2019The United States markets are largely stable but will be tested over the next week or so due to the American Fuel and Petrochemical Manufacturers event in San Antonio, Texas. European demand has improved somewhat, whereas that of Asia has declined slightly.-by Adrian Brown
STR Tecoil Oy Enters Russian Used Oil Market
March 26, 2019Finnish rerefiner STR Tecoil Oy plans to start collecting and processing waste lubricants to produce base oils in Russia, the company confirmed to Lube Report.
Low-vis Oils Called Challenge to Industry
March 26, 2019The trend towards lower-viscosity engine oils has base oil suppliers and additive companies facing ever increasing needs for more investment in technology, an industry insider said.
Nynas Launches Biobased Tire Oil
March 26, 2019Nynas AB announced this month the introduction of a biobased rubber process oil, saying that it wants to accommodate the tire industrys growing desire for sustainable products.
From Other Editions of Lube Report
March 26, 2019Briefly Noted
March 26, 2019Kia Motors ItalyandShell Italiasigned an extension through 2021 to their agreement for Shell to continue to provide its lubricating oils products to Kia’s service center network. South Africa’s Competition Tribunal gave final approval for the merger betweenGlencore South AfricaandChevron South Africa.