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Vehicle Aging Trend Continues

The average age of light vehicles in the United States rose 8%, from 10.9 years in 2011 to 11.8 years in 2019, and is projected to edge up to 11.9 years in 2020, according to data in the latest report jointly published by Automotive Care Association and the Automotive Aftermarket Suppliers Association.

NLGI Unveils New Grease Specs

The National Lubricating Grease Institute has scheduled a January launch for a program to certify high-performance multiuse greases for industrial applications, partly in response to a longtime trend toward sealed-for-life components in the automotive industry.

Grim Outlook Given for Industry

The COVID-19 pandemic has caused serious damage to lubricants markets around the world, but the bigger problem could be the length of time it takes the industry to emerge from the crisis, according to speakers at a webinar hosted by Lubes’n’Greases.

North American Grease Production Slips

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the United States-based National Lubricating Grease Institute.

Air Force Aims to Extend Service Intervals

The U.S. Air Force Civil Engineer Center’s Environmental Quality Technical Support Branch is leading a pilot study aimed at saving money and protecting the environment by changing its oil change procedures for engines used to power key systems on Air Force bases.

Oil Change Sales Rise

Sales for oil change and lubrication shops in the United States reached an estimated $6.6 billion in 2019, up 5% from $6.3 billion the previous year, according to a joint report by the Auto Care Association and the Automotive Aftermarket Suppliers Association.

Wax Maker Acquires PVC Lubes Company

Canadian wax maker The International Group Inc. has acquired Picayune, Mississippi-based Rheogistics LLC, which supplies lubricants and mechanical stabilizers to the rigid polyvinyl chloride industry. The transaction was completed on June 12, according to a press release by investment bank and financial adviser Grace Matthews. Financial terms were not disclosed.

States Sue Over Fuel Economy Rollback

Twenty-three United States states and the District of Columbia sued President Donald Trump’s administration at the end of last month over its decision to scale back on aggressive automobile fuel economy targets set by Trump’s predecessor, Barack Obama.

Use of Base Oil Brokers Rises in Mexico

Close to two-thirds of base oil sold by United States refiners into Mexico is transacted through brokers, according to five industry insiders, and the number is expected to increase as Mexico struggles to cope with Covid-19 and its ailing economy.

Covid-19 Impacts Vary by Region, Markets

Covid-19’s impacts on lubricant markets varied due to the differences in how and when individual countries’ governments responded, while the drop in lubricant demand caused the spot market for base oils to evaporate, industry insiders said during a webinar last week.