Volume 4 Issue 35

Huntsman Boosts Amines Capacity

Huntsman Corp.’s Performance Products division will expand its manufacturing facility in Petfurdo, Hungary, to meet growing demand for polyurethane catalysts and specialty amines – including amines used in metalworking fluids – the company announced today. The multi-million U.S. dollar investment project is expected to be completed by mid-2023.

Gazpromneft Sales Grew in First Half

Gazpromneft-Lubricants reported larger automotive and industrial lubricant sales volumes for the first half of this year, driven by the positive market dynamic in the beginning of 2021 as the pandemic’s economic impacts abated and demand for lubricants rebounded.

Nigeria Mandates Lube Monitoring

Nigeria’s Department of Petroleum Resources is collaborating with the Standards Organization of Nigeria to curb supply of substandard lubricants in the country. The agency made the point recently while unveiling a downstream remote monitoring system that it is requiring petroleum product retail outlets to adopt by the end of this year.

From Other Editions of Lube Report

July Strong for South Korean Base Oils

Gulf to Explore E-mobility

BR Distribuidora Changes Name

Briefly Noted

Sweden-based Perstorp Oxo AB will raise prices effective Sept. 1 on two acids used in in esters for synthetic lubricants: 2-ethylhexanoic acid, by €300 (U.S. $355) per metric ton in Europe, 17 cents per pound in the United States and $360/t in the rest of the world; and n-valeric acid, by €125/t in Europe, 7 cents/lb in the U.S. and $150/t in the rest of the world. The company cited supply and demand as well as rapidly increasing raw material prices.