Briefly Noted


Ludwigshafen, Germany-based BASF announced on Feb. 18 that effective immediately, or as existing contracts permit, it will increase prices for its lubricant oil additives and base stocks globally by up to 10%, in response to higher costs for raw materials and logistics.  Berlin, Germany-based InstaFreight was contracted to organize transportation of Shell lubricants from Germany to Shell warehouses across Europe. By optimizing routes via road and rail transport, InstaFreight claims it will cut carbon dioxide emissions by up to half, which equals a saving of more than 260 metric tons of CO2 emissions per year.

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