Volume 16 Issue 46
German Use of Industrial Lubes to Fall
November 16, 2016BERLIN – Germanys lubricant market is the second largest in Europe in large part because of its large industrial base, but the countrys demand for many industrial lubes will probably shrink in coming years due to shifts in the global economy and adoption of higher performing products, an industry observer told a conference here last month. Stephan Baumgartel, managing director of the German Lubricants Manufacturers Association (VSI), predicted that domestic demand for several key categorie...
LSC Grows in Jamaica
November 16, 2016Less than two years after opening its first blending plant in Jamaica, Lubricating Specialties Co. is continuing its expansion in the Caribbean island through an agreement to operate another plant near the capital city, Kingston. LSC Jamaica Ltd., a subsidiary of the Pico Rivera, California-based manufacturer, signed a long-term lease agreement for an undisclosed price with Rubis Energy Jamaica for a blending plant located at Rubis fuel and chemical terminal in Rockfort. Rubis will not be involv...
Steady Growth for Wind Energy Lubes
November 16, 2016Lubricant demand for use in wind energy applications will grow at a 7.4 percent compound annual rate over the next five years, likely reaching more than 50,000 metric tons consumption by 2020, Kline & Co. estimated. This is much slower than we have witnessed over the last five years, but is still quite respectable, Sushmita Dutta, Klines project lead for energy, said during a webinar Nov. 2. Photo: Flickr/U.S. Air Force photo by Lance Cheung A power house operator/mechanical associate prepa...
Cosan Lubricants Net Revenue Declines
November 16, 2016Cosans net revenue from the sale of lubricants and other goods and services, plus the resale of base oils, totaled 463.6 million Brazilian reais (U.S. $134.4 million) for the three months ending Sept. 30, down 4.3 percent from the year-earlier period. Lubricant sales volumes declined 6 percent to 84,000 cubic meters. The lubricants manufacturer and distributor said in its quarterly earnings news release that the lower net revenue reflected the lower sales volume. The company noted that Brazils l...
ATIEL Publishes New Lists of Conformance Signatories
November 16, 2016ATIEL published on its website new lists of lubricant marketers and base stock manufacturers that have signed letters of conformance confirming adherence to the requirements of the European Engine Lubricants Quality Management System and the ATIEL Code of Practice. ATIEL, the European lubricants industrys technical association, administers the system on behalf of the automobile, lubricant and lubricant additive segments. The list contains all those companies that have signed and submitted to ATI...
Briefly Noted
November 16, 2016Emersons Automation Solutions acquired FMC Technologies blending and transfer business unit in Chicago, as well as the units engineering and procurement office in Changshu, China. Troy Corp. unveiled its science and technology center – including additive formulation laboratories – at its headquarters in Florham Park, New Jersey. Detrex Corp. relocated its corporate headquarters from Southfield, Michigan, to the offices of Elco Corp., its lube additive manufacturing subsidiary in Cleveland. Shrader Tire & Oil Co. acquired the lubricant business of Keneco Distributors of Findlay, Ohio, assuming operations of its 18,750 square foot northwest Ohio facility as well as inventory, vehicles and equipment. Key Keneco personnel joined Shrader.
Clarification
November 16, 2016The Oct. 19 Lube Report included an article about delays in the expansion and upgrade of Luberefs base oil plant in Yanbual-Bahr, Saudi Arabia. Luberef contended that the article misrepresented its position and further advised that as a matter of principle and company policy it does not publicly discuss precise causes of a project delay. The company also advises that it continues working closely with the main contractor and has no more than a normal level of concern about prospects for the project.