Volume 15 Issue 46

SSY Base Oil Shipping Report

Adrian Brown is away.

Additive Market Set to Grow, Diverge

Global lubricant additive demand volumes will grow at a higher rate than that of finished lubricants in coming years, but trends for particular types of additives will vary widely as formulation challenges evolve, Kline & Co. predicts. In 2014, additives amounted to 11 percent by volume of worldwide finished lubricant demand, or 4.2 million tons, an official with the Parsippany, N.J.-based consultancy said yesterday in a webinar highlighting its upcoming Global Lubricant Additives: Market An...

Project M Aims at 0W-12 Grade, 100 MPG

HAMBURG – Shell Lubricants, Gordon Murray Design and Geo Technology engine specialists said during a press briefing last week that their Project M urban concept car is on track to be released by mid-2016. The Anglo-Dutch oil major role in the project is to formulate lubricants allowing a very high level of fuel efficiency. Close to the edge but safe, they can radically reduce friction while providing protection, Bob Mainwaring, Shell Lubricants innovation technology manager, told the media...

Cosan, Nynas Earnings Up

Nynas recorded a strong increase in operational cash flow for its naphthenic unit, and Cosan Lubrificantes posted an increase in net revenue in the third quarter, each compared to a year earlier. Nynas Nynas naphthenics business unit, which supplies mostly base oils, reported earnings before interest, taxes, depreciation and amortization of 336 million Swedish krona (U.S. $38.6 million) for the three months ending Sept. 30, up 27.3 percent from the same period in 2014. Bitumen sales were strong ...

Keller-Heartt Opens Wisconsin Warehouse

Chicago-based lubricants distributor Keller-Heartt expanded operations by opening a 35,000 square foot warehouse in southeast Wisconsin, increasing the companys reach in its core territory in the Midwest and providing accessibility for their local and long-term clients. The facility in Oak Creek is located just south of Milwaukee, two miles east of Interstate 94 and less than an hour away from the Illinois border to the south. The key features of the warehouse include four large overhead docks t...

ARG Names New CEO

Timothy Brown became chief executive officer of American Refining Group, succeeding Harry Halloran, the companys board of directors announced. Before the announcement, Brown served as ARGs executive vice president and chief strategy officer. He has been with the company since 1999, holding a variety of sales- and marketing-related positions. In 2008, he was appointed to the vice president of sales position. As CEO, Brown will be responsible for forging a business plan that fosters growth and ens...

Briefly Noted

RelaDyne acquired lubricant distributor Mid-State Industrial Supply Inc. and J.B. Weimar Inc. in Nashville, Tenn. Bureau Veritas now provides lubricant and oil analytical services in South Africa with the launch of a new testing facility in Middelburg-Mpumalanga. Mario Saucier will become chief financial officer of BioAmber effective Jan. 4, succeeding Andrew Ashworth, who came out of retirement to act as CFO on an interim basis.