Transformer oil rerefiner Hydrodec posted a $1 million operating loss for the six months ending June 30, improving from a $1.9 million operating loss in the year-earlier period. Revenue through 2013s first six months reached $13.9 million, up slightly from the year-earlier period. Hydrodecs sales volumes for its Superfine brand rerefined transformer oil reached a record 12.5 million liters during the first six months of 2013, up 7 percent from 11.7 million liters in the year-earlier period. The...

Bulgarian lubricant manufacturer Prista Oil acquired Chevrons lubricants distribution business in the Czech Republic. Terms were not disclosed. Under the deal, Prista Oil will continue to market Chevrons flagship brand Texaco for the next five years, both companies said. Our partnership with Chevron is a key element of the companys business strategy for growth and promotion of its multi brand strategy,” Plamen Bobokov, president of Pristas board of directors, said in a recent press releas...

Evonik Oil Additives will expand its Singapore oil additives plant, with completion scheduled for early 2015, in response to Asia driving above-average growth in the oil additives market. With ongoing improvement and debottlenecking projects scheduled to be finalized during the first half of 2014, these optimizations and the planned expansion will nearly double the capacity of the oil additives plant in Singapore, the company said in an Aug. 15 news release. Evoniks initiative is a response to ...

Fuchs completed an A $4.5 million (U.S. $4.1 million) warehouse facility in Melbourne, Australia, the first phase of an A $6 million plan to increase lubricant production capacity and efficiency there by the end of 2014. Fuchs 5,000 square meter warehouse comes on the heels of other major investments in the region, including an A $2.5 million grease plant in 2010 and an A $1.5 million lubricant laboratory and technical center in 2011. The company expects sustained growth in Australia and New Ze...

Lubrizol yesterday announced the opening of its additives manufacturing facility in Zhuhai Gaolan Port Economic Zone in southern China. The plant in Guangdong province will offer select additive component manufacturing as well as additive package blending. Over the coming years, Lubrizol said it will phase in additional capabilities and capacity to meet market demand. Construction on the 400,000 square meter site began in October 2010. Wickliffe, Ohio-based Lubrizol in January 2010 announced ...

In this era of base oil oversupply and cost sensitivity, one flexitank supplier says this relatively new shipping technology offers the low cost and flexibility that gobal base oil businesses need to stay competitive. Rob Parrish, president and a founder of FGN Global Logistics of Charleston, S.C., gave this summers ICIS Asian Base Oils & Lubricants Conference in Singapore a primer on flexitanks. Flexitanks currently ship a half million units globally, Parrish said – defining a unit...

Adrian Brown is away this week.