New national guidelines going into effect July 1 will require professional oil change facilities to identify and label the viscosity, brand and service category-and include a warning if the category is obsolete-for all oil installed from bulk motor oil containers and to include that information on each oil change transaction receipt.
Declaring its intention to survive steel industry consolidation, Quaker Chemical Corp. on Thursday announced that it is buying United Lubricants Corp., of Middletown, Ohio.
Ineos Oligomers plans to build a new linear alpha olefin unit in the United States by late 2016 and expand its Canadian LAO unit in 2014, partly driven by demand for high performance automotive lubricants.
Russian oil major Lukoil acquired Austrian energy group OMVs lubricants business, in a bid to become a key player in the European lubricants market. The transaction is expected to close by the end of this year. Terms were not disclosed.
WD-40 reported net income of $10.3 million for the quarter ending May 31, up 12 percent from the year-ago period, with net sales up 7 percent at $93.1 million.
The U.S. metalworking fluids industry is waiting to learn how the United States will regulate medium- and long-chain chlorinated paraffins.
Chevron Lubricants added a third storage facility for API Group II base oil in Europe, in Eastham, England.
Despite what it described as a lull in demand, Akzo Nobel announced that it will expand its phosphate ester lubricant additive plant in Gallipolis Ferry, W.Va.
SK Lubricants, Pertamina, and Patra SK signed an agreement to study the potential for API Group II base oil production at Pertaminas 8,600 barrels per day Group I refinery in Cilacap, Indonesia.