More News Articles

Lube Report EMEA – July 10, 2018
Mixed Outlook for Base Oil in Europe
European base oil supply and demand trends will remain mixed for the remainder of the year, with capacity closures amid a general shift towards API Group II and III base stocks, an ICIS editor told a conference in Amsterdam last month...read more
 
Lube Report Americas – July 11, 2018
Fuchs Forms Chilean JV
Fuchs Petrolub SE agreed last week to buy a majority stake in a Chilean lubricant distributorship, forming a joint venture that aims to expand its sales in the South American country...read more
 
Lube Report Asia – July 13, 2018
China 6 Standards Change Vehicle Landscape
The introduction of the China 6 emission standard in 2020 is expected to push lubricant formulations to cater to a diverse range of engines, industry experts said at a conference in Singapore recently...read more
 
Lube Report EMEA – July 10, 2018
Renewed Sanctions Loom Over Iran Base Oils
Iran’s API Group I base oil exports face renewed pressure as the United States lobbies key allies to cease all imports of Iranian oil ahead of a Nov. 4 deadline for U.S. sanctions to be reinstated...read more
 
Lube Report Americas – July 11, 2018
HollyFrontier Buying Red Giant Oil
HollyFrontier Corp. announced yesterday a deal to buy Red Giant Oil Co., an Iowa company that claims to be one of the country’s largest suppliers of locomotive engine oils...read more
 
Lube Report Asia – July 13, 2018
Idemitsu and Showa Shell Merger Back On
The proposed merger of Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu KK is back on again – scheduled this time for April 1, 2019, the companies announced Tuesday. The long-delayed deal would create Japan’s second-largest lubricant supplier...read more
 
Lube Report EMEA – July 10, 2018
Lukoil’s Lubricant Sales Grew in 2017
Lukoil’s LLK International sold 863,000 metric tons of finished lubricant products in 2017, up 13.4 percent from 761,000 tons sold in 2016, a spokesperson told Lube Report last week...read more
 
Lube Report Americas – July 11, 2018
Brazil’s Economy Gradually Recovers
After several years of tribulation, Brazil’s economy is making a much-awaited recovery. An economist said recently that that recovery is of great interest to the nation’s lubricant market and – given its status as far the largest and most populated country in Latin America – to those of neighboring countries...read more
 
Lube Report Asia – July 6, 2018
Gulf India Profits Balloon
Profits at Gulf Oil Lubricants India Ltd. have more than doubled in the past three years, thanks in part to the development of a broad, multi-tiered sales network, officials said in an investors presentation last month...read more
 
Lube Report EMEA – June 26, 2018
Poll: Many Russians Ignore Oil Guidance
A survey of Russian motorists indicates that a large proportion of them are not following original equipment manufacturers’ recommendations for viscosity grades and motor oil types when getting their passenger cars’ oil changed...read more
 
Lube Report Americas – June 27, 2018
Brazilian Market Bouncing Back
After several years of decline, Brazil's lubricant industry is showing signs of reviving, according to speakers at an industry conference in Rio de Janeiro last week. Sales from January through April increased 5.9 percent year over year, and demand is forecast to rise an average of 2 percent annually for the next four years...read more
 
Lube Report Asia – June 29, 2018
Oronite Moves Ahead on China Plant
Chevron Oronite announced Tuesday its final investment decision to build a wholly-owned additive manufacturing plant in Ningbo, Zhejiang province, with commercial production anticipated to begin in 2021...read more
 
Lube Report EMEA – June 26, 2018
UK’s Aztec Oils Continues to Grow
Aztec Oils has completed several acquisitions the past few years and now is trying to continue growing with a £1.2 million (U.S. $1.6 million) development project to increase storage capacity at its main Bolsover site in central England...read more
 
Lube Report Americas – June 27, 2018
More Big Hurricanes Forecast for U.S.
With some forecasters predicting a big increase in hurricanes of the magnitude of last year's Harvey, industry sources say preparation is key to minimizing the impacts of such storms...read more
 
Lube Report Asia – June 29, 2018
New Zealand Lube Suppliers Talk Rubbish
New Zealand’s biggest lubricant brands have joined forces to recover and recycle waste packaging...read more
 
Lube Report EMEA – June 26, 2018
Infineum Builds R&D Center
Infineum announced this month that it has begun constructing a research and development center at its headquarters in Milton Hill, Oxfordshire, United Kingdom...read more
 
Lube Report Americas – June 27, 2018
U.S. Tops in Base Oil Supply
Does the global lubricants industry really need 1.12 million barrels a day of mineral base oil manufacturing capacity? Because that’s how much it has, finds an annual tally from Lubes’n’Greases. The United States controls 23 percent of this supply, the most for any single country...read more
 
Lube Report Asia – June 29, 2018
ExxonMobil Expanding Again in Singapore
ExxonMobil announced Tuesday that it is planning a multi-billion dollar expansion at its Singapore refining complex, which will increase output of API Group II base stocks and clean fuels. This project would be in addition to the expansion currently underway at its existing Group II plant there...read more
 
Lube Report EMEA – June 19, 2018
Volgograd Gets New Lube Shipping Terminal
Lukoil opened a new modernized loading center for lubricants and bitumen products at its refinery in Volgograd, Russia, the company announced earlier this month...read more
 
Lube Report Americas – June 20, 2018
Shell Claims Delvac Oil Failed Tests
In an unusually harsh attack between lube industry giants, Shell claimed last week that a sample of ExxonMobil heavy-duty diesel engine oil failed to pass a test for oxidation stability and therefore did not comply with industry standards that it was promoted as meeting...read more
 
Lube Report Asia – June 22, 2018
Packaging Demand Growth Forecast for Asia
A recent report by Global Market Insights predicts demand for lubricant packaging in Asia-Pacific will grow at a compound annual rate of 3.5 percent from 2017 to 2024, driven by the region’s increasing thirst for lubes, especially from India and China. However, packaging suppliers in the two countries have a more conservative outlook...read more
 
Lube Report EMEA – June 19, 2018
Grease Production Jumps in Europe
Lubricating grease production in Europe increased 8 percent in 2017, according to the National Lubricating Grease Institute’s annual production survey, which was released last week. Production in Europe shifted toward products made with calcium soap thickeners and polyurea greases, while output in Africa also shifted toward calcium soaps...read more
 
Lube Report Americas – June 20, 2018
Reshaping Landfill Gas Engine Oils
As policies encouraging lower emissions and higher-efficiency equipment influence the types of fuels used to meet rising energy demand, methane and other waste gases in municipal landfills can be harnessed to generate electricity, which could increase demand for gas piston engines and, by extension, gas engine oil additives...read more
 
Lube Report Asia – June 22, 2018
Asia Flexes its Base Oil Muscle
Global base oil refining capacity has climbed above 57 million metric tons a year, according to the new “2018 Global Guide to Base Oil Refining” from Lubes’n’Greases. Asia-Pacific controls 42 percent of this supply and has more on the way...read more
 
Lube Report EMEA – June 19, 2018
Titan Adds Grease Plant, Filling Line
Russian industrial lubricants and grease marketer Titan built a new plant in Novocherkassk, introduced a new filling line and entered new markets, a company official said at an industry conference in Moscow last month...read more
 
Lube Report Americas – June 20, 2018
Grease Production Up in North America
Lubricating grease production in North America increased 4.6 percent in 2017, according to the National Lubricating Grease Institute’s yearly survey, which was released last week. Production of greases made with aluminum soap, calcium soap and lithium soap thickeners showed growth, while those made with polyurea experienced a decline...read more
 
Lube Report Asia – June 22, 2018
In Japan, Trucking Causes Price Hikes
Lubricant prices in many markets have risen in recent months, largely due to the past year’s run-up in crude oil costs. In Japan, oil marketers are raising prices because of a different type of increase in transportation costs – higher expenses for the use of vehicles...read more
 
Lube Report EMEA – June 12, 2018
Greif Opens Netherlands IBC Plant
Greif partnered with industrial packager Tholu B.V. to open a new multimillion euro intermediate bulk container factory in Ede, the Netherlands, to serve the Benelux region, the company announced early last week. The facility focuses on the needs of the food industry, including food-grade lubricant packaging...read more
 
Lube Report Americas – June 13, 2018
Trafigura Acquires Blend Plant in Argentina
Trafigura Group Pte. Ltd. closed last month on the purchase of most of Pampa Energia’s downstream assets in Argengina. The transaction includes a lubricants manufacturing plant in Avellanda, Buenos Aires, Trafigura reported in a press release...read more
 
Lube Report Asia – June 15, 2018
Lu’an Makes CTL Base Stocks
China’s state-owned Shanxi Lu’an Mining Group is preparing to open a plant in Shanxi province with capacity to make 350,000 metric tons per year of coal-to-liquids base stocks...read more
 
Lube Report EMEA – June 12, 2018
Avista, Slicker Team on Rerefinery in Denmark
Avista Oil AG and a United Kingdom-based used oil collector formed a joint venture to build a rerefinery in Denmark at the site of an Avista facility damaged by a fire in July 2017. The new rerefinery will produce API Group I base oil, and construction is expected to be completed by the end of 2019...read more
 
Lube Report Americas – June 13, 2018
STLE Offers Brainstorming Exercise
Last month's annual meeting of the Society of Tribologists and Lubrication Engineers featured hundreds of technical sessions where presenters talked about their latest research. One session differed by offering attendees a chance to brainstorm about problems facing the industry...read more
 
Lube Report Asia – June 15, 2018
Sanyo to Build Additives Plant in Korea
Japan’s Sanyo Chemical will start construction of a new viscosity index improver plant in Korea next month, with operations expected to start by the end of 2019, the company announced recently...read more
 
Lube Report EMEA – June 12, 2018
Total Invests in South Africa Plant
Total recently completed an upgrade of its lubricant blending plant in Durban, South Africa, including construction of laboratory, part of a plan to bolster its business there and in neighboring countries...read more
 
Lube Report Americas – June 13, 2018
PQIA Issues Consumer Alert on Two Brands
The Petroleum Quality Institute of America issued consumer alerts on two motor oil brands – Mileage 365 and Q Motor Oil – saying testing of five samples indicated the products could cause harm to virtually any car or truck currently on the road, and each product’s label fails to identify the company responsible for it...read more
 
Lube Report Asia – June 15, 2018
Grease Production Shifts in Asia
Grease production in China remained steady in 2017 while Japan’s output grew and India shifted toward higher quality, according to the National Lubricating Grease Institute’s yearly survey, which was presented during the organization’s annual meeting earlier this week...read more
 
Lube Report EMEA – June 5, 2018
Synthetic Turbine Oils from Russia – Again
Greif partnered with industrial packager Tholu B.V. to open a new multimillion euro intermediate bulk container factory in Ede, the Netherlands, to serve the Benelux region, the company announced early last week. The facility focuses on the needs of the food industry, including food-grade lubricant packaging...read more
 
Lube Report Americas – June 6, 2018
Progress on Tests, Test Limits for GF-6
Work continues on a variety of tests, test parameters and engine and bench test limits necessary for completion of the ILSAC GF-6 passenger car engine oil category...read more
 
Lube Report Asia – June 8, 2018
In China, Calls for Less Repair Shops
China’s fragmented auto repair sector will see brutal consolidation in the next three years, and that will affect suppliers of all auto parts, including lubricant marketers, industry insiders said at a conference in Beijing in April...read more
 
Lube Report EMEA – June 5, 2018
EU Decision on Lead in Alloys Brings Relief
On both sides of the Atlantic, metal removal fluid suppliers and their customers are relieved by the European Union’s extension of regulatory exemptions for lead in steel, aluminum and copper alloys...read more
 
Lube Report Americas – June 6, 2018
Venezuelan Market Battered by Economy
Venezuela’s economic and political crisis has hammered its vaunted petroleum industry, and the nation’s lubricant market is suffering along with it...read more
 
Lube Report Asia – June 8, 2018
India’s Emissions Standard Brings Challenges
India’s implementation of Bharat Stage VI automobile emissions standards will result in a shift towards better quality base oils, but the industry remains under pressure to meet the tight deadline of April 2020, experts said at an industry event recently held in Mumbai...read more
 
Lube Report EMEA – June 5, 2018
Mixed 2017 for Hydrodec
United Kingdom-based transformer oil rerefiner Hydrodec Group posted an overall loss for the year, although sales revenue from its U.S. and Australia rerefining operations were up, according to audited earnings results released May 31...read more
 
Lube Report Americas – June 6, 2018
SK Capital Acquires SI Group
Private investment firm SK Capital Partners agreed to acquire Schenectady, New York-based SI Group, a global developer and manufacturer of performance additives and intermediates, for an undisclosed amount...read more
 
Lube Report Asia – June 8, 2018
China Drafts Diesel Engine Oil Specifications
A group of major Chinese vehicle makers and energy giants are working on the nation’s first lubricant specification for diesel truck engines...read more
 
Lube Report EMEA – May 29, 2018
Engine Sludge Remains Prevalent in Africa
Engine sludge remains a common problem in Africa because of lubricant oxidation, soot contamination and water in engines, often exacerbated by poor maintenance and usage of obsolete engine oils, a Total Cameroon official said at a tribology conference last week...read more
 
Lube Report Americas – May 30, 2018
GF-6 Takes Major Step Forward
The Sequence IVB wear test was accepted into ILSAC GF-6 on May 10 despite lingering concerns about its validity. The action by the Auto/Oil Advisory Panel removed one of the last major hurdles for the long-delayed passenger car engine oil specification upgrade, setting it on track to come to market around the second quarter of 2020...read more
 
Lube Report Asia – June 1, 2018
Sinopec Ramping up Overseas Sales
Sinopec Lubricants will expand lubricant production, logistics and marketing channels for overseas sales, especially in Asia, officials said this week...read more
 
Lube Report EMEA – May 29, 2018
ACEA Works Toward 2018 Upgrade
The European Automobile Manufacturers Association is working to complete an upgrade of its ACEA automotive engine oil standards by the end of this year. The first upgrade since 2016, the 2018 European Oil Sequences promise new and replacement tests, additional light-duty categories and the potential elimination of older such categories...read more
 
Lube Report Americas – May 30, 2018
Landscape Shifts for Metalworking Fluids
Environmental regulations, restrictions on chemical use and new lubricant options and machining methods have upped the ante for metalworking fluid formulators and managers to adapt to a rapidly evolving and complex market using long-term solutions instead of short-term goals, an industry insider said at a conference last week in Minneapolis...read more
 
Lube Report Asia – June 1, 2018
Pertamina Sets Up Base Oil Export Hub
Indonesia’s state-owned Pertamina Lubricants announced last week it set up a base oil export hub for Asia in Port Kabil, Batam Island...read more
 
Lube Report EMEA – May 29, 2018
Oil Collection Tough for Russian Rerefiners
Russian rerefiner efforts to collect used oil are being hindered by the popularity of burning it for fuel and by the inability of authorities to implement new waste regulations, an industry insider said last week at a conference in Moscow...read more
 
Lube Report Americas – May 30, 2018
Labeling Requirements Called Opportunities
Packaging updates required for new and upcoming engine oil specifications may seem like a hassle, but they present opportunities for marketers to refresh brands, an industry insider told Lube Report...read more
 
Lube Report Asia – June 1, 2018
Earnings Fall for GP, Balmer, Tide Water
Full year profits for GP Petroleums Ltd., Balmer Laurie & Co. and Tide Water Oil Co. fell, while Maximus International Ltd., Continental Petroleums Ltd. and Apar Industries Ltd. each enjoyed strong revenue growth for the full year ending March 31...read more
 
Lube Report EMEA – May 22, 2018
EV Impact Forecasted to Accelerate to 2040
Electric vehicles will have only limited impact on passenger car motor oil demand through 2025 but will cost a group of 15 leading markets more than a million tons per year in combined demand volumes by 2040, according to a forecast by Kline & Co...read more
 
Lube Report Americas – May 23, 2018
STLE Gives Window on Industry
The lubricant industry’s largest trade conference kicked off this week in Minneapolis at the 73rd annual meeting and exhibition of the Society of Tribologists and Lubrication Engineers. More than 1,500 representatives of lube producers and their suppliers, equipment makers, end users and researchers gathered to check in on the latest developments in the field...read more
 
Lube Report Asia – May 25, 2018
Entering India’s Crowded Automotive Segment
Entering into India’s automotive lubricant market may seem like a no-brainer due to the country’s position as one of the globe’s largest markets, but the vast number of already established players can impede success, said an industry insider at an event in Mumbai last month...read more
 
Lube Report EMEA – May 22, 2018
Building a More Affordable Tribometer Test
When Bosch Rexroth adopted its Fluid Rating 90235 standard for hydraulic fluids in 2015, it significantly raised the performance bar for fluid formulators. Now the German equipment manufacturer is trying to make things a bit easier by developing a tribometer test that would be a shortcut for determining if a fluid is good enough...read more
 
Lube Report Americas – May 23, 2018
Tianqi to Buy Stake in SQM
In a deal that would strengthen ties between two of the world’s largest lithium suppliers, Nutrien Ltd. agreed last week to sell a 24-percent stake in Chile’s SQM to Tianqi Lithium Corp...read more
 
Lube Report Asia – May 25, 2018
Shenhua, Naco Form Research Center JV
China Shenhua and Shanghai Naco Synthetics last week commemorated the opening of a joint venture research center designed to develop coal-to-liquids and gas-to-liquids lubricants technology...read more
 
Lube Report EMEA – May 22, 2018
Synthetics Demand Rising in Poland
Poland’s synthetic motor oil consumption has tripled the past 10 years, increasing from 5.5 percent of lubricant demand in 2007 to 16.3 percent last year, according to a study recently published by Kantar TNS consultancy...read more
 
Lube Report Americas – May 23, 2018
Calumet Trims Earnings Loss
Calumet Specialty Product Partners L.P. reported a net loss of $4.8 million for the quarter ending March 31, improving from a $6.2 million net loss in 2017’s first quarter...read more
 
Lube Report Asia – May 25, 2018
Gulf Oil Lubricants India Reports Strong Profits
Gulf Oil Lubricants India Ltd., a Hinduja Group company, enjoyed significant increases in net profit for both its fourth quarter, and its full fiscal year, the company reported late last week...read more
 
Lube Report EMEA – May 15, 2018
Modrica Ups Its Base Oil Output
Bosnian lube marketer Rafinerija ulja Modrica produced 45,000 tons of API Group III base oils in 2017, up more than 15 percent from 39,000 tons in 2016. The company plans to invest €800,000 (U.S. $955,680) in 2018 to improve upgrade base oil and finished lubricant operations...read more
 
Lube Report Americas – May 16, 2018
Provisional Licensing Invoked for CK-4, FA-4
The American Petroleum Institute invoked provisional licensing last week for its two newest heavy-duty diesel engine oil categories, API CK-4 and API FA-4, due to temporary unavailability of the specifications’ oil aeration test...read more
 
Lube Report Asia – May 18, 2018
Calling for Better Chinese Base Oils
During a lubricants conference in Beijing last month, Chinese industry insiders said the nation should further develop its ability to produce high quality base oils – specifically high viscosity index API Group II and Group III oils – instead of buying from abroad...read more
 
Lube Report EMEA – May 15, 2018
U.S. Pull-out Clouds Outlook for Iranian Oils
Shipments of API Group I base oils from Iran face disruption following United States President Donald Trump’s decision to pull out of the 2015 agreement for Iran to rollback its nuclear program as fears of a trade blockade increase...read more
 
Lube Report Americas – May 16, 2018
Global Base Oil Market to Shift
A global survey commissioned by ExxonMobil concluded that the number of lubricant blenders using API Group II base stocks exceeds the numbers using Group I or Group III oils. Additionally, it found that respondents expect Group III oils will be the most commonly used grade in 10 years...read more
 
Lube Report Asia – May 18, 2018
Sanyo Chemical Weighs Investments
Japan's Sanyo Chemical Industries is considering two investments that would increase its lubricant additives capacity in Asia – an expansion of an existing plant in Nantong, China, and construction of a plant in Korea, a company spokesman told Lube Report...read more
 
Lube Report EMEA – May 15, 2018
ExxonMobil Selling Augusta Plant
ExxonMobil has agreed to sell its Augusta, Italy, refinery – including its 730,000 metric tons per year API Group I base oil plant – to Algeria’s national oil company, Sonatrach, the companies announced May 9. The sale is expected to close by the end of 2018, subject to conditions and legal requirements...read more
 
Lube Report Americas – May 16, 2018
Results Up for Cosan, HollyFrontier
Moove, Cosan’s lubricants segment, reported increased net revenue and sales volumes, and HollyFrontier’s lubricants and specialty products segment posted higher revenues and income from operations for the first quarter...read more
 
Lube Report Asia – May 18, 2018
Savita Reports Strong Quarter
India’s Savita Oil Technologies Ltd. – a supplier of transformer oils, white oils, lubricants and other products – reported a net profit of Rs 40.3 crore (Rs 403 million or U.S. $5.9 million) for its fourth quarter, up 28 percent from the same quarter last year...read more
 
Lube Report EMEA – May 8, 2018
Russian Toll Blender Expands
Russian independent lube producer Obninskorgsintez recently opened a new grease plant in Obninsk, Russia, and is enjoying healthy growth thanks to preexisting coolants and lubricant toll blending, the company told Lube Report...read more
 
Lube Report Americas – May 9, 2018
Group Design: Solution to Fuel Economy
Group design, a holistic approach or a team effort – however it’s described, the key to achieving the next set of automotive fuel economy goals is working together across disciplines and companies, said several industry experts at a gathering in Philadelphia last week...read more
 
Lube Report Asia – May 11, 2018
Chinese Blender Expands in Southwest
Tianjin-based lubricant manufacturer Beiersdorf Petroleum and Chemical Corp. is building a second blending facility on the opposite side of the country, in the Luojiang district of Sichuan province...read more
 
Lube Report EMEA – May 8, 2018
Industrial to Drive Modest Middle East Lube Growth
Finished lubricant demand in the Middle East is projected to grow at a compound annual rate of 1.4 percent over the next five years to nearly 1.8 million metric tons, with industrial lubricants accounting for most of the increase, consultancy Kline & Co. predicted...read more
 
Lube Report Americas – May 9, 2018
Italmatch Gains Afton’s MWF Business
Shell and one of its lubricant distributors recently opened a terminal and supply hub in northern Nevada dedicated to serving mining companies in the area. Sources said such facilities help cope with the long distances and large lubricant demands that the industry faces...read more
 
Lube Report Asia – May 11, 2018
Synthetics Market Set to Grow in India
The market for high quality base oils and synthetics in India will expand going forward as automakers strive to meet stringent environmental legislation and develop technologies for fuel economy, experts said at an industry event in Mumbai last month...read more
 
Lube Report EMEA – May 8, 2018
Down Quarter for BP Lubes, Hydrodec
BP’s lubricants business reported lower profits due to the impact of increasing base oil prices, while transformer oil rerefiner Hydrodec reported lower revenues because of sales volume declines attributed to feedstock supply issues, each for the quarter ending March 31...read more
 
Lube Report Americas – May 9, 2018
Q1 Earnings: Valvoline, Clean Harbors, HCC
Valvoline reported increased operating income, Clean Harbors’ Safety-Kleen segment posted higher revenues and Heritage-Crystal Clean’s oil business segment reported lower revenue for the quarter ending March 31...read more
 
Lube Report Asia – May 11, 2018
Sri Lanka's Lubes Competition Plans Draw Fire
The Sri Lankan agency planning to allow more competition in the nation’s lubricant market was advised recently that it should instead crack down on smuggling and on sales of substandard products...read more
 
Lube Report EMEA – May 1, 2018
Marine Lubes Market Under Pressure
China’s Belt and Road Initiative is set to disrupt the 2.3 million metric ton global marine lubricants market as investment pours into ports outside the existing supply chain serviced by major marine lubricant distributors, an industry veteran warned...read more
 
Lube Report Americas – May 2, 2018
Q1 Earnings Wrap-up
Profits were up for Quaker Chemical and Milacron’s Fluid Technologies segment, while Afton Chemical reported lower operating profit, all for the quarter ending March 31, compared to a year earlier...read more
 
Lube Report Asia – May 4, 2018
ExxonMobil Buying Indonesian Blender
ExxonMobil has agreed to purchase Indonesian lubricant blender PT Federal Karyatama, the companies announced this week, part of a plan to expand in the Asia-Pacific region...read more
 
Lube Report EMEA – May 1, 2018
Fuchs Reports Mixed Q1 Results
Independent lubricants blender Fuchs Petrolub SE reported mixed results for its first quarter of the year, posting an increase in sales revenue, but a decrease in earnings before tax, which the company attributed to unfavorable exchange rates...read more
 
Lube Report Americas – May 2, 2018
Italmatch Gains Afton’s MWF Business
Italmatch Chemicals Group is set to acquire Afton Chemical’s metalworking fluid business, strengthening the Italian company’s position in the industrial lubricants market, the companies announced Friday. The deal is expected to close by May 30...read more
 
Lube Report Asia – May 4, 2018
Valvoline to Build Lubes Plant in China
Valvoline Inc. announced plans Wednesday to invest ¥443 million (U.S. $70 million) to build its first lubricants plant in China to meet growing demand there. The new blending and packaging facility in Jiangsu province will be the company’s single largest blending plant investment worldwide...read more
 
Lube Report EMEA – May 1, 2018
Cheap Wear Test Looking Good
A new test method designed to provide a more economical means to monitor for wear particles in grease is returning favorable results in round-robin testing, an industry panel was told last week...read more
 
Lube Report Americas – May 2, 2018
RelaDyne Enters the Sunshine State
RelaDyne closed on the acquisitions of Jack Backer Distributors Inc., Seaboard Neumann and Flamingo Oil – three of Florida’s top lubricant distributors – marking its entrance into the Sunshine State, the company announced Monday. Financial terms of the agreements were not disclosed...read more
 
Lube Report Asia – May 4, 2018
SK Nixed IPO Plan Again
SK Lubricants said last week that it was tabling a planned initial public offering for the third time after once again failing to achieve a desired valuation for the business...read more
 
Lube Report EMEA – April 24, 2018
EVs Need Different Lubes
The number of hybrid electric and electrically chargeable vehicles is on the rise, particularly in the European Union, and this should begin to affect lubricant technology, an official from an additive supplier told an industry conference last week in Stuttgart, Germany...read more
 
Lube Report Americas – April 25, 2018
Shell Sells Argentina Business to JV
Shell announced yesterday that it agreed to sell its downstream business in Argentina to Raizen, a 50-50 joint venture with Brazilian sugar producer Cosan. The business is reportedly one of the three largest lubricant suppliers in the Argentinian market...read more
 
Lube Report Asia – April 27, 2018
Association Offers Pocketbook Programs
When the Tianjin Lubes and Greases Association formed just over a year ago, officials decided that traditional programs of industrial associations – training programs, serving as an information clearinghouse and promoting member companies – is no longer enough to attract members...read more
 
Lube Report EMEA – April 24, 2018
Carmakers Face Stiff Emissions Fines
The transport sector creates as much carbon dioxide as power generation, but faces far harsher punitive fines, said a representative from the European Automobile Manufacturers’ Association at the Uniti Mineral Oil Technology Congress here last week in Stuttgart, Germany...read more
 
Lube Report Americas – April 25, 2018
Canadian Lube Market Shrinking
Automotive lubricant demand in Canada is expected to fall roughly 5 percent from 390,000 metric tons in 2016 to 370,000 tons in 2021, thanks to lengthening drain intervals, the Freedonia Group predicted in a recent study...read more
 
Lube Report Asia – April 27, 2018
New Hubs Pressure Base Stock Suppliers
As new base oil production hubs emerge, the industry’s supply base is diversifying, disrupting established trade flows and intensifying competition among suppliers, particularly in the Asia-Pacific region, an expert said at an industry event in Mumbai last week...read more
 
Lube Report EMEA – April 24, 2018
Russian Motor Oils in Recovery Mode
Russian passenger cars and light commercial vehicles consumed 256,000 tons of motor oils in 2017, up 1.8 percent from 2016, according to a study that concluded demand was tamped down by increased use of synthetic oils and longer drain intervals...read more
 
Lube Report Americas – April 25, 2018
SN Plus Licensing Begins Next Week
May 1 will be the first licensing date for API SN Plus, the supplemental classification for passenger car motor oils...read more
 
Lube Report Asia – April 27, 2018
Japan’s Base Oil Exports Dropped in 2017
Japan’s base oil export volumes plunged 24 percent last year as production and domestic sales fell and imports continued to increase, according to initial figures released by the country’s Ministry of Economy, Trade and Industry...read more
 
Lube Report EMEA – April 17, 2018
GP Buys Stake in Mag
GP Global has acquired a majority stake in United Arab Emirates based Mag Lube in a deal that values the company at close to U.S. $75 million, GP announced in an April 11 press statement...read more
 
Lube Report Americas – April 18, 2018
Warren Distribution Adds Plant in Houston
Warren Distribution completed and commissioned its fourth blending plant, located in Houston, with initial blending capacity of 8 million gallons, which can be scaled up to 20 million gallons with additional infrastructure investment.The private label blender cited Texas' explosive growth in business and population as a key factor...read more
 
Lube Report Asia – April 20, 2018
Asian Base Oils Under Pressure
For the past few decades, Asia-Pacific refiners have played key roles as merchant suppliers of highly refined base stocks for lubricant markets around the world, but analysts from one company say that business is coming under pressure because of new capacity in other regions...read more
 
Lube Report EMEA – April 17, 2018
Nigerian Generators Gulp Lubes
Nigeria’s inadequate electricity grid has driven countless businesses and households there to run portable generators, which are expected to remain a large source of demand for lubricant suppliers in the coming years...read more
 
Lube Report Americas – April 18, 2018
STLE Honors Ted Selby
Ted Selby, a lubricant testing pioneer whose inventions are used worldwide to unlock the secrets of oil rheology, oxidation, deposits and more, next month will receive STLE’s highest technical honor, the International Award. The accolade will come during the Society of Tribologists and Lubrication Engineers’ annual meeting, which expects to draw some 1,600 delegates to Minneapolis, May 20-24...read more
 
Lube Report Asia – April 20, 2018
Group I Plant in Japan Resumes Full Production
JXTG Holdings Inc., said it resumed full production at its Wakayama refinery's API Group I base oil plant last month and began exporting product, a company spokesman told Lube Report Asia. The base oil unit had been running at partial capacity since a fire in January 2017...read more
 
Lube Report EMEA – April 17, 2018
Anti-import Policy Aids Russian Marketers
In 2014, confronted with economic sanctions imposed by Western nations, Russia’s government adopted a policy that encouraged Russian companies to replace imports with products made domestically. Four years later, analysts say the policy has helped domestic lubricant producers gain market share at the expense of importers...read more
 
Lube Report Americas – April 18, 2018
Calumet Acquires Biosynthetic Technologies
Calumet Specialty Products Partners, L.P. said on Monday that it acquired Biosynthetic Technologies, a startup that converts sustainable plant oils into synthetic base stocks using proprietary technology...read more
 
Lube Report Asia – April 20, 2018
Kangtai IPO Draws Scrutiny
Chinese additives manufacturer Jinzhou Kangtai published an updated prospectus in March, hoping to gain approval from China’s securities regulatory commission for an initial public offering at the Shenzhen Stock Exchange...read more
 
Lube Report EMEA – April 3, 2018
Shell Projects Strong Lube Earnings
Royal Dutch Shell expects its annual global earnings from lubricants to grow from $1.4 billion in 2017 to close to $2.5 billion in 2025 – almost a 79 percent increase – driven by factors such as growth in sales of premium lubricants and expanded market shares in several large, developing markets...read more
 
Lube Report Americas – April 4, 2018
SN Plus First Use Set for May 1
The American Petroleum Institute advised yesterday that May 1 will be the first licensing date for API SN Plus, the supplemental classification for passenger car motor oils...read more
 
Lube Report Asia – April 6, 2018
Revolving Doors for China’s Naphthenics
Capacity increases may see China producing nearly 40 percent of the world’s naphthenic base oils within the next two years and potentially leapfrogging from net importer last year to net exporter next, according to an industry insider...read more
 
Lube Report EMEA – April 3, 2018
Global Test Development Group Proposed
An ExxonMobil official called recently for creation of a global engine test development group dedicated to writing test procedures for engine oil specifications around the world. The energy giant also suggested raising oil licensing fees to help fund such a program...read more
 
Lube Report Americas – April 4, 2018
Toyota Recommends 0W-16s
The next big, official push toward lower-viscosity passenger car motor oils in North America may still be several years off, but Toyota has already started recommending one of the thinnest oils available for the current model year of its best-selling car, the Camry...read more
 
Lube Report Asia – April 6, 2018
Malaysian Engine Oil Demand to Grow
Malaysian demand for automotive engine oil is expected to grow at a compound annual rate of 2.9 percent between 2016 and 2021 to 202,000 metric tons, the Freedonia Group predicted in a recent report. In 2016 demand totaled 175,000 tons...read more
 
Lube Report EMEA – April 3, 2018
Naftan Lubes Expand in the Middle East
Belarus oil major Naftan began shipping finished lubricants to Iraq as part of its strategy to expand into Middle Eastern markets...read more
 
Lube Report Americas – April 4, 2018
Scant Impact Expected from EPA Decision
Lubricant industry insiders predicted an EPA decision to ditch ambitious fuel economy targets may slow the shift toward 0W engine oils but won’t reverse past progress toward lighter fluids...read more
 
Lube Report Asia – April 6, 2018
FKT Earnings Stay Stable
Net income for PT Federal Karyatama’s lubricants segment remained stable year on year in 2017, but its sales volumes dropped 3 percent to 61.3 million liters...read more
 
Lube Report EMEA – March 27, 2018
Group II Takes Hold in Europe
API Group II base stocks have carved a place for themselves in Europe during the past decade, and an Infineum official noted recently that several new suppliers are now entering the market...read more
 
Lube Report Americas – March 28, 2018
Axel Acquires Royal Manufacturing
Axel Christiernsson announced Monday its acquisition of Royal Manufacturing, a deal that will triple Axel’s grease production capacity in the United States...read more
 
Lube Report Asia – March 30, 2018
Lubes Adjust to China's Changing Car Market
With China’s passenger car parc set to continue revving through the next five years, experts at an industry event last month said that diversified routes to market, strong brand reputation and improving formulations are keys for market share growth...read more
 
Lube Report EMEA – March 27, 2018
Nigerian Blenders Protest Import Fees
The Lubricant Producers Association of Nigeria has asked the national government to prevent one of its agencies from imposing a new fee on base oil imports, claiming they will drive up finished lubricant prices...read more
 
Lube Report Americas – March 28, 2018
Wear Test Gets Vote Despite Debate
The Sequence IVB engine test, the final test for the much-delayed ILSAC GF-6 engine oil category, cleared a major hurdle this month when the Passenger Car Engine Oil Panel recommended it be adopted as an ASTM procedure...read more
 
Lube Report Asia – March 30, 2018
India Plans Used Lube Oil Collection Centers
India’s state-run oil marketing companies plan to set up used lubricating oil centers across the country with an aim of making collection efficient in the burgeoning market...read more
 
Lube Report EMEA – March 27, 2018
Fuchs Plans to Expand
Following a strong fourth quarter and 2017, Fuchs Petrolub SE plans to focus on investing in China, the United States and Germany during 2018, the company stated in its annual report released last week. After opening several new facilities throughout 2017, the independent lubricant blender plans to open more over the next few years...read more
 
Lube Report Americas – March 28, 2018
Strong Finish for U.S. Base Oils
Base oil producers in the United States pumped out 64.9 million barrels of base oils in 2017, making it the second-best production year in a decade. This represents 4.3 million more barrels than the 2016 total of 60.6 million barrels, according to U.S. Energy Information Administration data released at the end of February...read more
 
Lube Report Asia – March 30, 2018
Tianhe Earnings Dipped
Tianhe Chemicals Group reported yesterday that the gross profit for its lubricant additives segment decreased 7.2 percent in 2017 due to a drop in sales of additive components...read more
 
Lube Report EMEA – March 20, 2018
MWF Guidance Launched in UK
In April, the United Kingdom Lubricants Association Metalworking Fluid Product Stewardship Group and the country’s Health and Safety Executive will launch the Good Practice Guidance for Managing Metalworking Fluids...read more
 
Lube Report Americas – March 21, 2018
API Proposes SN Plus Delay
API staff members recommended last week that first licensing for the API SN Plus supplemental engine oil specification be delayed for six weeks until June 15 in order to allow more time for lubricant marketers to prepare for the launch...read more
 
Lube Report Asia – March 23, 2018
Federal Karyatama Consolidates Production
Following a restructuring that increased its lube blending capacity by 67 percent, Indonesia’s PT Federal Karyatama plans to expand in its domestic market and to venture into overseas countries...read more
 
Lube Report EMEA – March 20, 2018
Gazpromneft Sells More Motor Oil in 2017
Russian Gazpromneft-Lubricants last year increased sales of its flagship G-Energy branded motor oil products by 12 percent to 46,000 tons. It also boosted sales in foreign countries by 5 percent to 96,000 tons, in line with a strategy to expand abroad...read more
 
Lube Report Americas – March 21, 2018
Packaging Key as Brand Preference Falters
Rather than focus on pricing, lubricant marketers should use packaging to differentiate themselves in a market where consumer brand preference is falling by the wayside thanks to an overwhelming number of products and consolidation of retailers, an industry insider said at the Petroleum Packaging Council’s annual tradeshow held earlier this month in Tampa...read more
 
Lube Report Asia – March 23, 2018
Thailand Shell Expands Lubricant Business
Shell Co. of Thailand plans to increase its number of automotive oil change outlets and significantly raise lubricant sales by 2025 as the local lubricant market continues to grow...read more
 
Lube Report EMEA – March 20, 2018
Automakers May Impact East African Market
Automobile factories are sprouting across East Africa – developing a new industry for the region. Lubricant industry insiders expect it to increase lubricant consumption and to speed adoption of higher quality engine oil, sources said, but they disagree on the amount of impact and pace of change...read more
 
Lube Report Americas – March 21, 2018
U.S. Finished Lube Prices Rising Again
Chemlube, Omni Specialty Packaging and Martin Lubricants each notified customers of general finished lubricant price hikes that take place throughout March and April, citing factors such as increased prices for base oils, additives, other raw materials and resins used for bottles and pails...read more
 
Lube Report Asia – March 23, 2018
PTT Sets Up Storage Hub
Thailand’s PTT Lubricants will set up a lube storage facility for its Asean market and look into acquisitions to grow its overseas lubricant business, the company said...read more
 
Lube Report EMEA – March 13, 2018
Kazakh Plant on Time Despite Dispute
Lukoil says a blending plant that it is building in Kazakhstan will still open on time early next year, despite a legal dispute between the oil company and a local contractor working on the project...read more
 
Lube Report Americas – March 14, 2018
Equity Firm Acquires Heartland
Private equity firm Wynnchurch Capital acquired “do-it-for-me” oil change giant Heartland Automotive Services Inc. for $1.3 billion, the companies announced last week. The Chicago-based firm partnered with Jiffy Lube franchise Mid-Atlantic Lubes Inc. for the acquisition, but declined to comment on details of the partnership...read more
 
Lube Report Asia – March 16, 2018
India Remains Bright Spot for Lubes
The global lubricants industry is passing through a phase of little to no growth, but India remains a bright spot due to its steadily growing demand that offers opportunities despite the market’s complexities, industry insiders said at a conference in Mumbai...read more
 
Lube Report EMEA – March 13, 2018
Kazakh Plant on Time Despite Dispute
Lukoil says a blending plant that it is building in Kazakhstan will still open on time early next year, despite a legal dispute between the oil company and a local contractor working on the project...read more
 
Lube Report Americas – March 14, 2018
ExxonMobil Plans More Base Oil Projects
ExxonMobil, the world’s largest base oil supplier, has made capital investments at several plants the past few years. Apparently it plans more of the same in coming years...read more
 
Lube Report Asia – March 16, 2018
Beware Base Oil Hot Spots
Half of the world’s base oil production units are within hot spots that for various reasons are susceptible to a level of conflict or instability that could cause supply disruptions with global implications similar to those in 2017, an expert warned at an industry event here last month...read more
 
Lube Report EMEA – March 13, 2018
Italmatch Acquires Jiayou Chemical
Italmatch Chemicals completed its latest acquisition last week, announcing that it closed its purchase of Jiayou Chemical from Ecolab Inc...read more
 
Lube Report Americas – March 14, 2018
Fuchs Adds Wireless, Sensor-Based Monitoring
Fuchs Petrolub SE acquired Dallas, Texas-based wireless sensor technology company Fluid Vision Technologies LLC for less than €1 million (U.S. $1.2 million) so it could offer automated process fluid condition monitoring...read more
 
Lube Report Asia – March 16, 2018
Pakistani Base Oil Plant Expands
National Refinery Ltd. plans to boost the production capacity of its base oil plant in Pakistan and has contracted a Chinese company to do the work...read more
 
 
Lube Report EMEA – March 6, 2018
Base Oil Investments Outstrip Demand
Lubricant demand has been essentially flat over the past 25 years, yet millions of tons of new annual base oil capacity has come to market since the year 2000. The rate of additions has far out-paced plant closings, creating surpluses that have ramped up competition and put some base oil suppliers in a precarious position, an analyst explained at an industry event in London...read more
 
Lube Report Americas – March 7, 2018
Italmatch Forms Additives Unit
Italmatch Chemicals Group announced last week that it has formed a lubricant additives business unit in the wake of December’s acquisition of Elco Corp. and parent company Detrex. Officials said the new unit, named Lubricant Performance Additives, will aim to expand in terms of chemicals supplied and geographic areas served...read more
 
Lube Report Asia – March 9, 2018
Wax Supply Growth Flat in Asia
Asia’s petroleum wax supply grew at a compound annual rate of 1 percent between 2010 and 2017, a trend which is expected to continue despite an overall decline in global supply, said consultancy Kline & Co. in a webinar...read more
 
Lube Report EMEA – March 6, 2018
Italmatch Forms Additives Unit
Italmatch Chemicals Group formed a lubricant additives business unit in the wake of December’s acquisition of Elco Corp. and parent company Detrex. Italmatch said the new unit, named Lubricant Performance Additives will work to create new additive packages using the combined chemistries of Elco and Italmatch...read more
 
Lube Report Americas – March 7, 2018
NLGI to Award Research Grant Funds
NLGI aims to award up to $50,000 in research grant funds this year for high-level investigations into lubricating greases, and the deadline for qualified universities and researchers to apply is just around the corner: March 15...read more
 
Lube Report Asia – March 9, 2018
Mixed 2017 Earnings for Singapore Blenders
United Global Ltd.’s net profit for 2017 grew with its overseas expansion, while fellow Singaporean lubricant blender AP Oil International Ltd.’s 2017 net profit was adversely affected by the slowdown in the marine lubricant sector...read more
 
Lube Report EMEA – March 6, 2018
Winds of Energy Change in EMEA Regions
The European Union’s energy demand is projected to decline by 11 percent by 2040, Africa’s energy consumption is expected to jump by 128 percent, and the Middle East’s energy consumption will grow 54 percent, according to the 2018 BP Energy Outlook...read more
 
Lube Report Americas – March 7, 2018
Q4 Earnings Wrap-up
Clean Harbors’ Safety-Kleen segment and Heritage-Crystal Clean’s oil business segment each reported higher revenue for the fourth quarter and full year 2017, while lubricant supplier Quaker Chemical posted a net loss for the fourth quarter and a steep decrease in net income for the full year...read more
 
Lube Report Asia – March 9, 2018
Asian Lube Association Launched
A new industry association, the Asian Lubricant Manufacturers Union, held the inaugural meeting of its general membership Tuesday...read more
 
Lube Report EMEA – January 30, 2018
Slavneft, Taneco Ramp Up Group II, III Exports
Russian Group II and Group III base oil marketers are set to increase their exports in 2018, spurred by lower logistics costs and rising base oil prices, according to an industry insider...read more
 
Lube Report Americas – January 31, 2018
More U.S. Finished Lube Prices Rise
Chevron, Phillips 66, Total and Petro-Canada America Lubricants notified U.S. customers of upcoming finished lubricant price increases that go into effect from late February through early March. Like other marketers that announced increases in recent weeks, these companies cited factors such as increasing costs for raw materials such as base oils and additives...read more
 
Lube Report Asia – February 2, 2018
India’s Base Oil Boss Changes Hands
Oil and Natural Gas Corp. yesterday purchased a controlling stake of fellow state-owned oil company Hindustan Petroleum Corp. Ltd., India’s largest supplier of base oils...read more
 
Lube Report EMEA – January 30, 2018
Brightstock Demand to Dwindle
Global bright stock demand sat at 2.7 million tons in 2017, but is expected to decline by roughly 250,000 tons by 2027, Kline & Co. said in a webinar last week. Europe accounts for around 10 percent to 12 percent of global demand, and its consumption is expected to decrease at an average annual rate of 0.1 to 0.2 percent, while Africa and the Middle East account for 12 percent to 15 percent and should increase at an annual rate of roughly 0.5 percent...read more
 
Lube Report Americas – January 31, 2018
Bright Stock Supply Shrinks
Global bright stock demand was 2.7 million tons in 2017, but is expected to decline by approximately 250,000 tons by 2027, said Kline & Co. in a webinar last week. The Americas account for 20 to 25 percent of demand...read more
 
Lube Report Asia – February 2, 2018
Blender Invests in South Central China
Ji Er Run Ke, a lube blender based in Changsha, Hunan province, plans to invest ¥180 million (U.S. $28.4 million) in a facility in neighboring city, Miluo...read more
 
Lube Report EMEA – January 30, 2018
Tanzania Lubes Face Registration Deadline
Tanzania’s Energy and Water Utilities Regulatory Authority set March 31 as the deadline for all persons dealing in lubricants in the country to register their products with the agency or face penalties. This includes lubricants produced domestically and those imported into Tanzania...read more
 
Lube Report Americas – January 31, 2018
2017 Proves Positive for Hydrodec
Transformer oil rerefiner Hydrodec Group posted its first positive full-year profits in the group’s history for 2017, and its revenues were up 6 percent from 2016, according to its pre-close trading update issued Monday...read more
 
Lube Report Asia – February 2, 2018
Profits Up for SK, S-Oil, Apar
Korean base oil refiners SK Lubricants and S-Oil realized increased revenue and operating profits for full year 2017 due to a wider base oil spread in 2017, while profits jumped for India’s Apar’s transformer and specialty oils segment during its third quarter...read more
 
Lube Report EMEA – January 23, 2018
Fuchs: Lube Demand Could Give Way
RGlobal lubricant demand reached 35.7 million metric tons in 2017, neck-and-neck with the year before, indicates an initial tally from Fuchs Petrolub SE...read more
 
Lube Report Americas – January 24, 2018
Site Leased for Rerefinery in Western Canada
Gen III Oil Corp. intends to start construction this summer on a rerefinery that will make API Group II and III base oils at a leased site in Bowden, Alberta, Canada...read more
 
Lube Report Asia – January 26, 2018
PTT Lubricants Expands in Asia
Thailand’s PTT Lubricants has begun to enter Asian markets as part of a plan to expand overseas sales in areas such as Japan and India, a company spokesman told Lube Report Asia...read more
 
Lube Report EMEA – January 23, 2018
Fuchs S.A. Gains Lubritech Division
Four years after acquiring the Lubritene and Lubrasa specialty lubricant businesses and making them part of its South Africa subsidiary, Fuchs Petrolub has turned them into a division of its Lubritech specialty lubricants company...read more
 
Lube Report Americas – January 24, 2018
Congress Calls for Rerefining Study
The United States House of Representatives approved a bill last month calling on the Secretary of Energy to revamp a study about rerefining of used lubricating oil. Sponsored by U.S. Representative Susan Brooks (R-IN), House Resolution 1733 aims to delve into the environmental benefits and cost-effectiveness of rerefining...read more
 
Lube Report Asia – January 26, 2018
Shandong Qingyuan Invests in Specialties
Qingyuan Group, an independent Chinese refiner, is building a new unit in Shandong province designed to make base stocks that will be used as process oils and in lubricants...read more
 
Lube Report EMEA – January 23, 2018
Study Puts EALs in Spotlight
Marine industry classification society DNV GL, in cooperation with three marine insurers, has initiated a project to study whether biodegradable lubricants play a role in stern tube bearing failures...read more
 
Lube Report Americas – January 24, 2018
Pilot Invests in Tech
Pilot Chemical Co. is investing $5 million in technology and innovation initiatives this year as part of an effort to broaden its focus beyond the manufacture of sulfonates, alkylates and amides....read more
 
Lube Report Asia – January 26, 2017
Q3 Profit Up for GP Petroleums
GP Petroleums Ltd. reported its third-quarter net profit surged 72 percent year on year to Rs 5.78 crore (Rs 57.8 million, or U.S. $905,865), thanks to a jump in revenue and other income...read more
 
Lube Report EMEA – January 16, 2018
Q8 to Toll Blend for Gazpromneft-Lubricants
Russia’s Gazpromneft-Lubricants signed a lubricant toll blending agreement with Kuwait Petroleum International’s Q8 Oil to increase its production volumes and presence in Europe...read more
 
Lube Report Americas – January 17, 2018
ASTM Passenger Car Panel Gets New Leader
General Motors’ Angela Willis has succeeded Valvoline’s Thom Smith as chairman of the Passenger Car Engine Oil Classification Panel, the first time an OEM stakeholder representative has led the key industry group...read more
 
Lube Report Asia – January 19, 2018
Industrial Lube Demand to Dip
Asia-Pacific’s demand for general industrial lubricants and grease is expected to shrink roughly 0.1 percent through 2021, with declines in China and Japan offsetting increases in other countries, Kline & Co. said in an interview. The region dominates the global market, accounting for 2.6 million tons, or 41 percent of global demand in 2017...read more
 
Lube Report EMEA – January 16, 2018
Sinopec Gets Boost for South African Bid
South Africa’s Competition Commission has endorsed Sinopec’s bid to acquire a controlling stake in Chevron’s downstream operations in the country, the latest step in a back-and-forth competition for the business...read more
 
 
Lube Report Americas – January 17, 2018
SN Plus Date Still Up in the Air
The American Petroleum Institute’s Lubricants Standards Group formally adopted API SN Plus last week but still has not set a date for first licensing. The group – along with automakers – would like that date to be May 1, but a schedule has been held up by testing related to base oil interchange and read-across rules for one of the tests in the supplemental oil category...read more
 
Lube Report Asia – January 19, 2018
Apar JV Eyes Government Supply
Indian transformer oils and lubes manufacturer Apar Industries Ltd. formed a joint venture with a car dealer that aims to supply lubes to the government...read more
 
Lube Report EMEA – January 16, 2018
Central, Eastern European Markets Looking Up
The economies of countries in Central and Eastern Europe have been relatively buoyant in recent years, making their small and fragmented lube markets worthwhile to outsiders, an official with Hungarian lube maker Mol-Lub Ltd. said at a recent conference in Antwerp...read more
 
Lube Report Americas – January 17, 2018
Shell to Raise Finished Lube Prices
Shell informed U.S. customers about a price increase of up to 5 percent on finished lubricants effective Feb. 19, with different effective dates and/or price amounts in some instances. The U.S. finished lubricants market experienced three rounds of price increases during 2017....read more
 
Lube Report Asia – January 19, 2017
BASF-Petronas Stream PIBs
BASF Petronas Chemicals Sdn began producing highly reactive polyisobutene in Malaysia last week. The joint venture said the 50,000 metric tons per year unit is the first of its kind in Southeast Asia...read more
 
Lube Report EMEA – January 9, 2018
Lukoil Lube Sales Grew in 2017
LLK International, Russia’s largest lube marketer, posted improved sales results for 2017, boosted by its increased cooperation with car manufacturers...read more
 
Lube Report Americas – January 10, 2018
Lubricants Group Ballots SN Plus
The American Petroleum Institute’s Lubricants Group closed its ballot on SN Plus Dec. 29, with a healthy majority voting to adopt the supplemental category, industry insiders confirmed...read more
 
Lube Report Asia – January 12, 2018
Pertamina Truck Treads New Ground
Bucking the trend of on-demand, on-location mobile oil change services commonly offered in Indonesia, Pertamina Lubricants said it’s having success drawing customers to its itinerant service truck that it stations in various high-traffic areas...read more
 
Lube Report EMEA – January 9, 2018
Challenges, Opportunities Seen in Western Europe
Germany and the United Kingdom had the highest lubricant demand among European Union countries in 2016, a new Union of the European Lubricant Industry report found, although the factors impacting demand were different in each country...read more
 
 
Lube Report Americas – January 10, 2018
Coolants Plus Acquires Scot
Coolants Plus, the marketer of Starfire brand lubricants, announced last week that it had purchased Scot Lubricants Inc., giving the company its first blending and packaging facility...read more
 
Lube Report Asia – January 12, 2018
Indian Lube Ads Rebuked
India’s advertising industry watchdog upheld recent complaints against allegedly misleading advertisements from two lubricant suppliers...read more
 
Lube Report EMEA – January 9, 2018
Millers Oils Opens JV in Azerbaijan
Azerbaijan would not have been a place where British lubricant marketer Millers Oils thought to build its second blending plant, company managing director Jamie Ryan acknowledges. But that didn’t matter because Azerbaijan’s Academy of Sciences found Millers and convinced the company that the two were a good match...read more
 
Lube Report Americas – January 10, 2018
Grease Research Earns NLGI Grant
A scientific investigation into the mysteries of lubricating grease degradation and entropy has been awarded the NLGI Research Grant for 2017, the National Lubricating Grease Institute announced Dec. 22. Louisiana State University will receive the institute’s annual Research Grant, which will fund research led by Prof. Michael Khonsari, Dow Endowed Chair at LSU’s Department of Mechanical and Industrial Engineering...read more
 
Lube Report Asia – January 12, 2017
China to Revise White Oil Standards
China will introduce new national standards for industrial white oils as soon as the middle of this year, according to a Sinopec representative at a recent industry event...read more
 
Lube Report EMEA – January 2, 2018
Wuerth Group Acquires Liqui Moly
German lubricant marketer Liqui Moly announced last week that it had been acquired by Adolf Wuerth GmbH & Co. in a deal intended to ensure stability for Liqui Moly’s future...read more
 
Lube Report Americas – January 3, 2018
API Engine Oil Licensing Fees Rise
Fees for the American Petroleum Institute’s Engine Oil Licensing and Certification System increased Dec. 1 in order to offset the costs of API’s consumer education campaign and new standard implementation...read more
 
Lube Report Asia – January 5, 2018
China Lacks Quality White Oils
China produces quite a bit of white oils, but niche applications such as rubber seals require high-quality plasticizers formulated with hydrocracked white oils, which often must come from foreign sources...read more
 
Lube Report EMEA – January 2, 2018
UAE Blender Changes Hands
India’s Maximus International Ltd. said its United Arab Emirates-based unit plans to acquire a controlling stake in Pacific Lubricants LLC, a producer with a plant in the UAE...read more
 
 
Lube Report Americas – January 3, 2018
New Vehicles Reshape Latin America’s Market
Many of the automotive engine oil trends that are swaying markets globally – the drive for greater fuel economy, extended service life and durability, and rapid advancements in engine design – are also influencing the Latin American lubricants market, according to several presenters at the ICIS Pan American Base Oils and Lubricants Conference last month...read more
 
Lube Report Asia – January 5, 2018
KH Neochem Plans Refrigeration Oil Additives Plant
KH Neochem Co. will build a ¥7.5 billion (U.S. $67 million) facility in western Japan to manufacture additives for refrigeration lubricants...read more
 
Lube Report EMEA – January 2, 2018
Prepare Now for Marpol Sulfur Cuts
Starting Jan. 1, 2020 – just two years away – new pollution regulations will cap marine fuel sulfur at just 0.5 percent for oceangoing vessels worldwide. Given that it can take up to six years to get a new marine oil tested and approved, lube oil marketers are running short of time to prepare for this dramatic change, a Chevron Oronite official said recently...read more
 
Lube Report Americas – January 3, 2018
Calumet Posts Third Quarter Loss
Calumet Specialty Products Partners, L.P. reported a $23.6 million loss, improving from a $33.4 million loss in 2016’s third quarter. The company announced Nov. 10 it would delay reporting of its third quarter earnings...read more
 
Lube Report Asia – January 5, 2017
Chinese Firm to Recycle Motor Oils
A private chemical company in Zhanjiang, Guangdong province, will soon start to produce automotive lubricants using recycled waste oils...read more
 
Lube Report – December 20, 2017
Imperial Says Goodbye to Group I
Imperial Oil will discontinue production of API Group I base oils, waxes and finished lubricants at its refinery in Strathcona, Canada, by early 2018, an industry source confirmed last week...read more
 
Lube Report Asia – December 19, 2017
Alt Channels Abound for China’s PCMOs
Up to 30 percent of passenger car motor oils supplied in China in 2022 may reach drivers through the country’s unique routes to market, according to a recent Kline & Co. report...read more
 
Lube Report – December 13, 2017
Industrial Oils to Remain Flat
Global demand for general industrial lubricants and grease is expected to remain stagnant though 2021, hovering around 6.4 million tons, said Kline & Co. in a webinar last week...read more
 
Lube Report Asia – December 19, 2017
Sinopec to Enhance White Oils Offering
Sinopec plans to boost its white oils production capacity at two new units in Jingmen, China, said Lin Yunxiang, a division chief at Sinopec Jingmen Petrochemical Co., at an industry conference in Guangzhou...read more
 
Lube Report – December 20, 2017
Ford Progresses on 6.7L Diesel Test
Ford continues to progress in its development of a shorter test for valve train wear in heavy-duty diesel engines and expects to incorporate it into the company’s WSS-M2C171-F1 engine oil specification by mid-2018, an official told an industry panel in Houston earlier this month...read more
 
Lube Report Asia – December 19, 2017
Gulf Opens Chennai Lube Plant
Gulf Oil Lubricants India Ltd. opened its new blending plant in Chennai last week with capacity to make 50,000 metric tons of lubricants per year...read more
 
Lube Report – December 20, 2017
Ineos to Build Low-vis PAO Plant in Texas
Ineos Oligomers announced Dec. 14 its final investment decision to build a 120,000 metric tons per year low-viscosity polyalphaolefin plant at its Chocolate Bayou, Texas, petrochemical refinery. Scheduled for start-up in 2019’s third quarter, the project will make Ineos by far the world’s leading PAO producer, with total capacity of 350,000 t/y...read more
 
Lube Report Asia – December 19, 2017
Korea Intensifies Inspection Process
South Korean government agencies will intensify their lubricants inspection program beginning next year...read more
 
Lube Report – December 13, 2017
Adnoc Distribution IPO to Support Lubes Brand
Adnoc Distribution raised 3.1 billion dirham (U.S. $851 million) from an initial public offering that closed last week. The sale of a 10 percent stake will see Adnoc’s Voyager brand of finished lubricants sold in new markets and continuation of a supply agreement sourcing API Group III base oils from Adnoc Refining...read more
 
Lube Report Asia – December 12, 2017
CPEC Project to Propel Pakistan
The China-Pakistan Economic Corridor (CPEC) is set to overhaul Pakistan’s infrastructure and strengthen its economy, which could increase its annual base oil demand by 143,000 metric tons and its finished lubricants by 190,000 metric tons, according to an industry executive...read more
 
Lube Report – December 13, 2017
ILSAC GF-6: Light at the End of the Tunnel?
The semi-annual ASTM meetings in Houston last week included discussions by several groups at the center of engine oil specification development, and they appeared to make significant headway toward adoption of the long-delayed ILSAC GF-6...read more
 
Lube Report Asia – December 12, 2017
BP China to Add Third Plant
BP Lubricants announced that it plans to build a third blending plant in China by the end of 2021, in Tianjin. BP unveiled on Dec. 6 that the project will cost around ¥1.5 billion (U.S. $230 million), more than any other BP blending facility...read more
 
Lube Report – December 13, 2017
Romanian Rerefinery Closer to Completion
Green Oil and Lubes obtained a $38.7 million loan to support completion of its API Group I base oil rerefinery in Romania...read more
 
Lube Report Asia – December 12, 2017
Korea Eases Blending Laws
South Korea recently eased restrictions on the modification of petroleum products within customs zones of its ports. Producers can now blend lubricants, for example, in areas designated for storage, temporary inspection and international trade...read more
 
Lube Report – December 13, 2017
ICL Sells Oil Additives Business
Specialty chemicals and minerals company ICL entered into an agreement to sell its fire safety and oil additives business units to private investment firm SK Capital for roughly $1 billion, the companies announced late last week. The acquisition is expected to close in the first half of next year, pending the completion of customary closing conditions...read more
 
Lube Report – December 6, 2017
Motiva Rolls Out Group III
Following more than a year of rumor and speculation, Motiva officially is jumping into the API Group III base oil arena...read more
 
Lube Report Asia – December 5, 2017
Korea Forecasts Flat Demand
South Korea’s demand for lubricants is expected to remain around the level reported this year, which exceeded prior expectations, according to the Korea Lubricating Oil Industries Association...read more
 
Lube Report – December 6, 2017
ARG Completes New Lab
American Refining Group completed construction on its new quality control lab in Pennsylvania, the company announced last week. The 6,400 square feet building was a multi-million dollar investment...read more
 
Lube Report Asia – December 5, 2017
Singapore Bans Some Short-Chain CPs
Beginning in June, Singapore will prohibit the use of short-chain chlorinated paraffins in metalworking fluids and other products, according to the country’s National Environmental Agency...read more
 
Lube Report – December 6, 2017
Nigeria Loses $200M to Counterfeiting Per Year
Stakeholders in the Nigerian lubricant market estimate it loses more than $200 million annually in potential sales revenue to counterfeit lubricants...read more
 
Lube Report Asia – December 5, 2017
GST Benefits Still Elude Some Consumers
India’s central government enacted the Goods and Service Tax Act partly to facilitate cheaper goods for consumers. In the lubricants market, though, the fulfillment of that goal has been spotty, even four months after the law’s passage...read more
 
Lube Report – December 6, 2017
High-Performance Organic Friction Modifier Retains Performance
Studies from the United States Environmental Protection Agency indicated that 60 percent of greenhouse gas emissions emanate from light-duty vehicles (passenger cars and light-duty trucks). This discovery led to the 2012 Clean Air Act that mandated increased fuel efficiency standards...read more
 
Lube Report – November 29, 2017
State Bans JD 303 Tractor Fluids
Missouri retailers were ordered to immediately stop selling John Deere 303 tractor hydraulic fluids after the state’s Department of Agriculture Weights, Measures and Consumer Protection Division determined the specification fails to meet modern performance demands...read more
 
Lube Report Asia – November 28, 2017
SK Considers IPO Again
SK Innovation is once again mulling a public stock offering for its lubricants subsidiary, SK Lubricants, the company said in a regulatory filing last week...read more
 
Lube Report – November 29, 2017
Economy to Boost Russia’s Motor Oil Consumption
Russia’s motor oil consumption is poised to increase around 8 percent by 2022, as the country’s economy enters a period of slow growth after the post-2014 recession, according to a consultancy...read more
 
Lube Report Asia – November 28, 2017
Mitsui Eyes Expansion
Japan’s Mitsui Chemicals Inc. plans to expand capacity for its Lucant-branded polymer lubricant additives, the company told Lube Report Asia recently...read more
 
Lube Report – November 29, 2017
Middle East Group I Prices Hang Tough
Prices for API Group I base oils from the Middle East have proved surprisingly resilient despite U.S. President Donald Trump’s recent decertification of the Iran nuclear deal. With an installed blending capacity of over 1.2 million tons, Iran dominates the region’s Group I spot market according to Izham Ahmad, markets editor at ICIS...read more
 
Lube Report Asia – November 28, 2017
India Advances BS-VI Fuel Norms for Delhi
India will introduce stricter vehicle emissions standards in the Delhi metro area in April 2018 instead of in 2020...read more
 
Lube Report – November 29, 2017
Ghana Oil to Launch Blending Plant in 2019
Ghana Oil Co. plans to open a $10 million lubricants blending plant in Ghana in 2019 – the third such plant in Ghana and only the second to market products within the country...read more
 
Lube Report – November 15, 2017
Bapco to Market Under New Neste Pact
Neste and Bapco have entered a new commercial agreement enabling the Bahraini refiner to begin marketing base oils while securing Neste a sizeable share of API Group III base oils from their joint venture...read more
 
Lube Report Asia – November 14, 2017
Competition Looms for Asian Base Oils
Asian refiners have long helped quench the world’s thirst for API Group II and III base stocks, but they will face growing competition both abroad and at home from suppliers in the Middle East and elsewhere, according to ICIS analysts...read more
 
Lube Report – November 15, 2017
Engine Oil Demand Seen Rising in Africa
As large as it is, Africa has long been overlooked by lubricant suppliers looking for fertile markets. But analysts and industry insiders contend that a variety of factors suggest that engine oil demand in many parts of the continent will grow for the foreseeable future...read more
 
Lube Report Asia – November 14, 2017
Puma Roars into Pakistan
Singapore-based Puma Energy Holdings acquired Pakistan’s Admore Gas Pvt. and plans to rebrand its 470 retail outlets to market lubricants, the company told Lube Report Asia...read more
 
Lube Report – November 15, 2017
API SN Plus Advances
API is floating May 1, 2018, as a viable date to begin licensing engine oils that meet its proposed new “API SN PLUS” designation, which automakers say is urgently needed to protect their direct injected, turbocharged engines...read more
 
Lube Report Asia – November 14, 2017
Korean Politician Urges Dam Lubes Reform
Lubricants in the majority of water resource facilities in South Korea pose threats to public safety and the environment, alleged the Liberty Korea Party...read more
 
Lube Report – November 15, 2017
Q3 Earnings Wrap-up
Valvoline reported increased operating income, Nynas posted an increase in sales and Cosan’s lubricant business segment reported higher net revenue, all for the quarter ending Sept. 30...read more
 
Lube Report – November 8, 2017
Quick Lubes Cut Semi-synthetic Prices
The average cost that quick lubes charge for a semi-synthetic oil change dropped more than 20 percent to around $43 while the price for a synthetic change declined 1 percent to $75, National Oil & Lube News reported in its 2017 Fast Lube Operators Survey...read more
 
Lube Report Asia – November 7, 2017
Chinese Ether Maker Flexes Muscles in R&D
A Chinese ether maker decided to maximize its competitiveness through serving niche markets...read more
 
Lube Report – November 8, 2017
ATIEL Expands Testing, Imposes Fee
The Technical Association of the European Lubricants Industry is expanding its program of monitoring engine oils certified as meeting ACEA specifications to include areas outside Europe, the association’s president told a conference here two weeks ago...read more
 
Lube Report Asia – November 7, 2017
Shell Opens Singapore Blend Plant
Shell opened a blending plant in Singapore last week with capacity to make 390,000 tons of lubricants per year – its third-largest blending plant in the world. The globe’s largest lubricant supplier said it will use the facility to strengthen its supply chain and to expand in the marine market in Asia-Pacific...read more
 
Lube Report – November 8, 2017
More U.S. Finished Lubricant Prices to Rise
Shell, BP Lubricants USA, Phillips 66, Citgo and Omni Specialty Packaging informed U.S. customers of upcoming price increases for finished lubricants that take effect from early through mid-December, citing factors such as rising costs in base oils, additives and other raw materials, as well as for packaging and transportation...read more
 
Lube Report Asia – November 7, 2017
Chevron Oronite Doubles Carboxylate Capacity
Chevron Oronite completed an expansion of its additives plant in Singapore that doubles its global carboxylate-based detergents capacity, the company announced last week...read more
 
Lube Report – November 8, 2017
Q3 Kind to SK Lubricants, Safety-Kleen
SK Lubricants reported increased operating profit and Clean Harbors’ Safety-Kleen segment posted higher third-party revenues for the quarter ending Sept. 30, compared to a year earlier...read more
 
Lube Report – November 1, 2017
Clariant, Huntsman to Abandon Merger
Specialty chemicals companies Clariant and Huntsman Corp. mutually agreed to abandon plans to merge due to a lack of support from the former’s largest shareholder, White Tale Holdings, the companies announced Friday. Clariant will not pay a $210 million breakage fee or a $60 million extraordinary general meeting non-approval fee per the termination agreement...read more
 
Lube Report Asia – October 31, 2017
Profits Jump at Hi-Tech, Savita
Pakistan’s Hi-Tech Lubricants Ltd. reported a 35 percent jump in its first quarter net profit, thanks to higher sales and lower tax expenses, while Savita Oil Technology’s petroleum products segment posted a 21 percent jump in profit before taxes and finance costs during its second quarter...read more
 
Lube Report – November 1, 2017
Agrinol Rejects Claims it Sold Defective Oil
Ukrainian lube maker Agrinol refuted government allegations made last week that the company supplied the Ukrainian army with poor quality oils...read more
 
Lube Report Asia – October 31, 2017
Service Center Chain Offers House Oils
A Hong Kong company trying to develop a new model of automotive service centers for China has launched its own brands of engine oils...read more
 
Lube Report – November 1, 2017
U.S. Finished Lube Prices Rise
ExxonMobil, Chevron, Chemlube, Cam2 International, Warren Oil, Pinnacle Oil and Smitty’s Supply notified U.S. customers of upcoming price increases for finished lubricants that go into effect from mid-November through early December. Factors cited in some notices include continued increases in prices for raw materials such as base oil and additives...read more
 
Lube Report Asia – October 31, 2017
Rebound Forecasted for Asia-Pacific
After two consecutive years of decline, lubricant demand in the Asia-Pacific region should rebound to grow at a compound average annual rate of 0.9 percent to reach 17.7 million tons in 2021, an official from Kline & Co. consultants said last week...read more
 
Lube Report – November 1, 2017
New Report Examines EU Lube Demand
The Union of the European Lubricant Industry last week presented its first of what will become annual reports on lubricant demand in the European Union. Officials said it will fill an informational void in Europe and become a valuable resource for the industry in that region...read more
Lube Report – October 25, 2017
Saudi Arabia to End Driving Ban on Women
Last month Saudi Arabia lifted its longstanding ban on women drivers, fueling speculation the landmark decision will trigger a surge in vehicle sales and, by implication, finished lubricant consumption. Hopes that the ending of the ban next June will stoke the kingdom’s lackluster automotive-market may be overstated, analysts say...read more
 
Lube Report Asia – October 24, 2017
Blenders Counter Counterfeiters
As fake products continue to plague Asian markets, Pertamina Lubricants has stepped up its efforts to fight back with legal and preventive measures...read more
 
Lube Report – October 25, 2017
Q3 Earnings Wrap-up: HCC, WD-40
Rerefiner Heritage-Crystal Clean posted a drop in revenue for its Oil Business segment in the third quarter ending Sept. 9, while WD-40 saw a minor increase in net income for the quarter ending Aug. 31, the fourth quarter of its fiscal year, compared to results a year earlier...read more
 
Lube Report Asia – October 25, 2017
Gulf Oil Sets Sights on B2B Segment
India’s focus on infrastructure development offers opportunities for a strong fiscal year 2017-2018 in both the consumer and business-to-business segments, Gulf Oil Lubricants India Ltd. noted in its annual report...read more
 
Lube Report – October 25, 2017
Russian Commercial Lube Demand Rises
Russia’s total commercial vehicle fleet consumed 533,000 tons of lubricants in 2016, up 3.3 percent compared to the year before, driven by the increased freight turnover, introduction of new passenger transportation routes and increased road construction, a market study found...read more
 
Lube Report Asia – October 24, 2017
Group I Plant Opens in Maoming
Maoming Haihe Chemical Co., formerly known as Maoming Dazetian, is preparing to open a new API Group I base oil plant, with operations slated to begin by early November. Analysts say it will be the world’s first new Group I plant in 20 years...read more
 
Lube Report – October 25, 2017
Blue Chip Aims Across Africa
South Africa’s Blue Chip Lubricants said the completion of its 43,000 tons per year blending facility in Johannesburg earlier this year will enable it to embark on large-scale blending of lubricants for the South African and sub-Saharan African markets...read more
Lube Report – October 18, 2017
Flint Hills to Exit Base Oil Marketing
Flint Hills Resources will cease marketing of base stocks produced at its Excel Paralubes joint venture, leaving partner Phillips 66 to market all of the output from the Westlake, Louisiana, plant, Phillips 66 told Lube Report yesterday...read more
 
Lube Report Asia – October 17, 2017
EVs May Alter China’s Lube Demand
Disruptive technologies such as electric vehicles will cause China’s demand for engine oils to decline faster than expected, said Steven Zhang of Kline & Co. at a conference in Beijing last month...read more
 
Lube Report – October 18, 2017
Most GF-6 Tests Shaping Up
The Sequence IVB may be attracting the lion’s share of attention, but the ILSAC GF-6 engine oil upgrade has six other new or replacement engine tests that must be completed before the much-delayed specification can be adopted. For fuel economy, wear and more, the stakes remain high...read more
 
Lube Report Asia – October 17, 2017
Pertamina Accelerates International Push
Indonesia’s state-owned PT Pertamina Lubricants began using Thailand as a launching point for expansion in China and Indochina. It also recently forayed into Egypt and announced plans to explore opportunities in Africa, the South Pacific, the Indian subcontinent and other regions...read more
 
Lube Report – October 18, 2017
GF-6 Timing May Come Down to Key Test
Kevin Ferrick, senior manager of the American Petroleum Institute’s Engine Oil Program, on Monday gave a preview here of how API “SN PLUS” engine oils may appear in the API donut logo on product labels...read more
 
Lube Report Asia – October 17, 2017
Verdezyne DDDA Plant Underway
Verdezyne Inc. began constructing a commercial-scale, palm-based dodecanedioic acid manufacturing facility in Iskandar, Malaysia, following a two-year delay. The United States-based synthetic biology firm claims the facility will be the first of its kind...read more
 
Lube Report – October 18, 2017
French Lubes Maker to Acquire Renite
Condat agreed to acquire glass and metal forging lubes company Renite, the company announced earlier this month. Financial terms were not disclosed...read more
 
Lube Report – October 11, 2017
Lanxess to Terminate Ankerweg Site
Lanxess plans to terminate production at its recently acquired Ankerweg site by November 2018, the company announced last week. The former Chemtura polyalphaolefins plant produces base oils for industrial lubricants and active ingredients for an agrochemical company...read more
 
Lube Report Asia – October 10, 2017
CNPC Aims Big in Additives
CNPC has begun supplying a variety of lubricants-related products, including lube additives, in a bid to gain new clients and fight for market share...read more
 
Lube Report – October 11, 2017
GF-6 Timing May Come Down to Key Test
While recent news has focused on the proposed “API SN-Plus” supplemental category, automakers have made it clear that their main goal is still to get the ILSAC GF-6 engine oil upgrade in place as soon as possible -- with no delay due to the introduction of the supplemental category...read more
 
Lube Report Asia – October 10, 2017
Regional Players Lead Commercial Segment
Foreign companies supply the largest portion of consumer lubricants in China, and domestic oil majors hold sway over the industrial segment. Yet independent domestic companies collectively hold the largest slice of the commercial segment...read more
 
Lube Report – October 11, 2017
Glencore Gets Stake in Chevron South Africa
Mining and commodities company Glencore agreed to acquire a 75 percent stake in Chevron South Africa and all of Chevron Botswana for $973 million, the company announced Friday. The deal is expected to close in mid-2018...read more
 
Lube Report Asia – October 10, 2017
KLK Expands Esters Capacity
Malaysia’s KLK Oleo Sdn increased its ester production capacity by 40 percent with the completion of a new plant in Klang, Malaysia...read more
 
Lube Report – October 11, 2017
Russian Titan Prepares to Produce Greases
Russian petrochemicals manufacturer Titan is preparing to produce greases at its 12,000 tons per year annual capacity plant in Novocherkassk, Rostov region...read more
Lube Report – October 4, 2017
Azmol Revives Lubes Plant With British Help
Ukrainian lubricants maker Azmol resumed production recently after restructuring following several years of dormancy...read more
 
Lube Report Asia – October 3, 2017
China Wants Higher VI
Chinese refiners have built a lot of capacity to produce API Group II base stocks, but the viscosity indices of the oils from those plants are largely lower than blenders want. This is a major reason that the country imports large volumes of base stocks, according to speakers at an industry summit in Xiamen last month, who added that the situation is unlikely to change in the next few years...read more
 
Lube Report – October 4, 2017
Alternative Waxes Gain Market Share
Global petroleum wax supply will continue to drift lower on shrinking sources of API Group I base stocks, paving the way for alternative waxes, but that won’t be sufficient to meet the worldwide demand, so the overall wax market deficit will cross 600 million pounds by 2021, an industry consultant said...read more
 
Lube Report Asia – October 3, 2017
JXTG Keeps Mobil Lubes
Japan’s JXTG Group will convert all of its 2,800 Esso- and Mobil-branded fuel stations in the country to Eneos by 2020, but will continue selling ExxonMobil lubricants at all locations, the companies told Lube Report Asia...read more
 
Lube Report – October 4, 2017
Dexos1 Gen 2 Taking Off
On Sept. 1, all licenses for General Motors’ first-generation Dexos1 passenger car engine oils expired – those products may no longer be manufactured. Only new generation products can be made now, and inventories of the obsolete products will soon be depleted...read more
 
Lube Report Asia – October 3, 2017
GP Petroleums to Shut Daman Plant
GP Petroleums Ltd. will close its lubricant plant in western India’s Daman region due to discontinuation of tax benefits under the country’s new Goods and Services Tax system...read more
 
Lube Report – October 4, 2017
Industry Strives to Correlate Engine Tests
The decision to develop API SN Plus has increased pressure on the auto and oil industries to correlate new engine tests to procedures they are replacing. Work on some tests is progressing smoothly, but correlation of others will take months more of work...read more
 
Lube Report – September 27, 2017
Wind Turbine Lube Demand to Increase
Wind turbine lubricant demand is expected to grow at a compound annual rate of 7.5 percent through 2020 thanks to a healthy increase in wind turbine installations, said Chuck Coe at the ICIS North American Industrial Lubricants conference...read more
 
Lube Report Asia – September 26, 2017
Online-to-Offline: Boom or Bust?
China’s popular online-to-offline sales model seems to hold great opportunities for lube suppliers, but insiders aired some concerns about the method at a recent industry conference held in Xi’an by consultancy Muchengyou...read more
 
Lube Report – September 27, 2017
Lukoil Grows its Marine Oil Business
Russian lubricant marketer Lukoil expects to increase its share in the global marine oil market after signing supply contracts with several heavyweight shipping companies...read more
 
Lube Report Asia – September 26, 2017
China Cracks Down on Teapot Refineries
A crackdown by regulators in China has forced the closing – at least temporarily – of a number of base oil plants. Most are small and low-tech, but observers say their collective volumes are significant and that the shutdowns have affected local prices...read more
 
Lube Report – September 27, 2017
Hurricane Harvey Impacts PAO Production
Chevron Phillips Chemical has declared force majeure on its polyalphaolefin and metallocene PAO produced in North America, due to impacts of Hurricane Harvey. Industry sources say the company warned disruptions could last until December...read more
 
Lube Report Asia – September 26, 2017
Asia-Pacific Wary of Weather Impacts
As in the United States, large storms and heavy rains have caused flooding and other disruptions throughout much of Asia-Pacific. So far, however, it appears the region’s lubricant markets have largely avoided being impacted except by the diversion of local base oil supplies to the U.S....read more
 
Lube Report – September 27, 2017
Adnoc Distribution Considers Listing
Abu Dhabi’s Adnoc Distribution, which markets finished lubricants under the Voyager brand, could offer stock worth more than 10 percent of its value by early 2018, according to unconfirmed press reports...read more
 
Lube Report – September 20, 2017
Regulatory Impacts Loom for Industrial Lubes
Political, environmental and regulatory issues are combining to shape the industrial lubricants landscape near- to mid-term, according to a presentation given by Kline and Co. at the ICIS North American Industrial Lubricants conference held in Chicago...read more
 
Lube Report Asia – September 19, 2017
Standard Greases Raising Tide Water Stake
Grease manufacturer Standard Greases & Specialities Pvt. plans to boost its stake in Andrew Yule Group-managed Tide Water Oil Co. by buying more shares...read more
 
Lube Report – September 20, 2017
Fast Lubes Get Larger Tickets, More Oil Changes
United States quick lubes’ average ticket totals reached $76.46, up 7.1 percent, and the average number of oil changes per day rose to 34, up about 7 percent from the year before, National Oil & Lube News reported in the first part of its 2017 Fast Lube Operators Survey...read more
 
Lube Report Asia – September 19, 2017
Chinese Packager Helps Fight Fake Oils
Like in many other industries, counterfeiting has also grown into a big problem in the lube market. Some companies enlist technology in the never-ending battle to foil those that attempt to disguise fake oils...read more
 
Lube Report – September 20, 2017
API Group Continues to Pursue SN PLUS
At its Standards meeting last week in Dearborn, Michigan, the American Petroleum Institute’s Lubricants Group again took up the feasibility of issuing a supplemental engine oil category, as urged by 10 North American and Japanese automakers...read more
 
Lube Report Asia – September 19, 2017
Marine Lubes Wave to Swell
Two consultancies recently presented a wealth of evidence forecasting that continued growth in demand and revenue from marine lubricants is on the horizon and suggesting that suppliers may increasingly want to set sails toward the East...read more
 
Lube Report – September 20, 2017
U.S. Base Oils Made Gains Abroad
Base oil production at U.S. refineries amounted to nearly 30.8 million barrels in first-half 2017, according to data released Aug. 31 by the federal Energy Information Administration. That’s an increase of 5.6 percent over the 29.1 million barrels produced January-to-June 2016...read more
 
Lube Report – September 13, 2017
Motiva Declares Force Majeure
Motiva declared force majeure yesterday on base oils produced at its plant in Port Arthur, Texas, indicating that deliveries of all grades will be disrupted due to damage from Hurricane Harvey...read more
 
Lube Report Asia – September 12, 2017
Korea Tags in on U.S. Base Oil Supply
Nature abhors a vacuum, and so do South Korea’s base oil producers. Seeing a gaping hole appear in the U.S. market in first-half 2017, they moved fast to plug it with API Group III barrels...read more
 
Lube Report – September 13, 2017
Mendeleev Will Rerefine in 2018
Russia’s historic Mendeleev fuel refinery and lubricant plant in resumed operations last month after a two-year production halt, and the embattled enterprise said it has bold plans for the future, including rerefining...read more
 
Lube Report Asia – September 12, 2017
Asia Wax Demand Growth to Outpace Supply
Asia's demand for waxes will likely outpace supply, which is expected to slow slightly after strong increases in recent years, an industry official said...read more
 
Lube Report – September 13, 2017
Global Lube Demand Projected as Flat
Global lubricant demand is expected to increase at a compound annual rate of less than 1 percent, to 41 million metric tons by 2021, according to consultancy Kline & Co., with the continued shift to synthetics both suppressing volumetric growth and boosting revenues in some countries...read more
 
Lube Report Asia – September 12, 2017
China's EV-Only Future: Not If, But When
China’s central government is working to set deadlines to prohibit the sale of cars and vans that run on fossil fuels, an official told an automobile forum Saturday...read more
 
Lube Report – September 13, 2017
Amalie Oil, ELS TEKnologies Partner
ESL Technologies was founded in 2009 to develop lubricant technologies. Repositioned as a sales and marketing business since 2015, ESL Teknologies signed an agreement announced Thursday to distribute Spectrol-branded lubricants in the United States for blender Amalie Oil...read more
 
Lube Report – September 6, 2017
Refineries Move to Reopen
A week after Hurricane Harvey stopped drenching the U.S. Gulf Coast, there were signs of good news for the lubricants industry as refineries containing the nation’s two largest base oil plants moved to reopen...read more
 
Lube Report Asia – September 5, 2017
Asia-Pacific’s Evolving Lube Demand
Global lubricant demand is expected to increase at a compound annual rate of less than 1 percent, to 41 million metric tons by 2021, according to consultancy Kline & Co., with new vehicle sales and changing vehicle parcs driving passenger car motor oil demand in several Asian countries...read more
 
Lube Report – September 6, 2017
Gazprom Neft Starts Process Oil Production
Gazprom Neft last week commissioned a process oil production unit at its refinery in Omsk, Western Siberia. The U.S. $7 million plant has 17,000 metric tons per year capacity and is operated by Gazpromneft-Lubricants...read more
 
Lube Report Asia – September 5, 2017
India’s White Oils Competition Intensifies
Competition is set to intensify among Indian white oils suppliers with Indian Oil Corp. Ltd.’s entry in the market, as the state-run company is not only looking to target domestic customers, but also plans to tap export markets...read more
 
Lube Report – September 6, 2017
Bringing in the NextGen Workforce
Manufacturers across the United States are reporting a shortage of skilled workers and applicants, as millennials shy away from training programs and careers in manufacturing. A panel of manufacturers at last week’s Petroleum Packaging Council meeting in Washington, D.C. discussed how to cater the hiring process to millennials’ workplace desires and increase employee retention rates...read more
 
Lube Report Asia – September 5, 2017
Hi-Tech Lubricants Profit Jumps
Pakistan’s Hi-Tech Lubricants Ltd. reported a 44 percent jump in its annual net profit, as sales and other income surged. A decline in expenses also positively contributed to the company’s bottom line...read more
 
Lube Report – September 6, 2017
Guide Takes Measure of Synthetic Stocks
Who are the global leaders in making PAO, PAG, PIB and other key fluids used in synthetic lubricants? The updated “2017 Nonconventional Base Stocks Guide” shows that chemical companies, not multinational oil companies, rule the roost – except in the fast-growing API Group III segment...read more
 
Lube Report  – August 23, 2017
Can API Shore Up SN Category?
While meeting here last week to consider a proposed “supplemental” engine oil category, the American Petroleum Institute’s Lubricants Group also discussed how to shore up the engine tests used for the API SN engine oil category in order to avoid its demise...read more
 
Lube Report Asia– August 22, 2017
Northern Asphalt Launches Lube Biz
Panjin Northern Asphalt Co., a Chinese government enterprise that makes petroleum asphalt and naphthenic and API Group II base oils, is pushing its way into the country’s crowded finished lubricants market...read more
 
Lube Report – August 23, 2017
Gazpromneft-Lubricants Sales Grew in H1
Gazpromneft-Lubricants sold 140,000 metric tons of lubricants in the first half of 2017, up 16 percent compared to the year-earlier period, the company said...read more
 
Lube Report Asia – August 22, 2017
Tianhe Itching to Make Base Oils, Lubes
Tianhe Chemicals Group reported Friday that it has finished building a plant that would upgrade base oils to API Group II and III base oil but that it can’t stream until residents follow government orders to relocate from the nearby area...read more
 
Lube Report – August 23, 2017
Group II, III March Forward
Demand for API Group I base stock in lubricants is expected to continue to decline through 2026, gradually superseded by Group II and III in automotive applications but remaining popular in industrial applications, according to Kline & Co...read more
 
Lube Report Asia – August 22, 2017
Indonesian Marketers Diversify Retail Platforms
The route to market for lubricants in Indonesia can be vastly different from one seller to the next. Some suppliers told Lube Report Asia recently that their key to increasing sales is to make inroads in a variety of retail channels...read more
 
Lube Report – August 23, 2017
Mixed Results for BASF
BASF’s performance products segment reported lower income from operations during the second quarter, while income from operations was up for its chemicals segment, compared to year-earlier results...read more
 
Lube Report  – August 16, 2017
Puraglobe Outlines Group III Plans
Fresh off its launch of Group III production at its used oil rerefinery in Troeglitz, Germany, Puraglobe outlined its marketing and used oil feedstock collection plans in an interview with Lube Report...read more
 
Lube Report Asia– August 15, 2017
Indian Blenders Bit by GST in Q1
Indian lubricant suppliers saw first-quarter profits fall by between 30 and 55 percent from the same period last year. Most cited the transition to the country’s new tax system in June as a major reason for the slide, and were optimistic for a quick recovery...read more
 
Lube Report – August 16, 2017
EVs, Hybrids to Modestly Impact Lube Demand
Although the electrification of the global vehicle fleet has the potential to reduce lubricant consumption dramatically, it will remain limited due to different challenges, according to market research firm IHS Markit...read more
 
Lube Report Asia – August 22, 2017
Tianhe Itching to Make Base Oils, Lubes
Tianhe Chemicals Group reported Friday that it has finished building a plant that would upgrade base oils to API Group II and III base oil but that it can’t stream until residents follow government orders to relocate from the nearby area...read more
 
Lube Report – August 16, 2017
API to Work on Supplemental Oil Category
The American Petroleum Institute’s Lubricants Group voted unanimously yesterday to move forward with establishing a supplemental passenger car engine oil category requested by the auto industry, as a stopgap for the much-delayed GF-6. The group was unable to affirm, however, that the supplement could be up and running by Jan. 1, as the automakers hoped...read more
 
Lube Report Asia – August 15, 2017
East Asian Players Talk New Grease Biz
Indonesia’s national oil company, PT Pertamina Lubricants, signed an agreement recently to explore the possibilities of establishing a grease company with local subsidiaries of two Japanese firms...read more
 
Lube Report – August 16, 2017
Calumet Expands Bel-Ray Brand
Calumet Specialty Products Partners L.P. will roll out three new Bel-Ray branded product lines for passenger car motor oils, commercial lubricants and industrial lubricants by the first quarter of 2018, replacing some products sold under the Quantum brand, the company announced on Thursday...read more
 
Lube Report  – August 9, 2017
North American Lube Demand to Shift
The United States’ demand for finished lubricants is expected to grow at a modest compound annual rate of 0.2 percent over the next five years, while Mexico’s will jump by 1.3 percent and Canada will decline by 0.4 percent, according to a new study by Kline & Co. consultants...read more
 
Lube Report Asia– August 8, 2017
Savita’s Profit Climbs on Higher Sales
India’s Savita Oil Technologies Ltd., a supplier of transformer oils, white oils, lubricants and other products, reported that first quarter net profit grew nearly 16 percent as revenue and other income increased...read more
 
Lube Report – August 9, 2017
Less Driving Slows U.S. Aftermarket
U.S. sales of automotive aftermarket supplies – including motor oils – were up just slightly in the first six months of this year, compared to the same period of 2016, NPD Group reported, hindered by a slowdown in growth of miles driven by consumers...read more
 
Lube Report Asia – August 8, 2017
Lubes Vie for Attention at Car Supermarket
On a recent Friday afternoon in the downtown district of Jiangsu province’s capital city, Nanjing, several customers strolled through Chinese retailer Suning Commerce Group’s first “auto supermarket," without realizing that the new type of store offered numerous options for buying lubricants...read more
 
Lube Report – August 9, 2017
Q2 Earnings Wrap-up
Calumet Specialty Products Partners LP's net income rebounded in the second quarter, Afton Chemical’s operating profit slipped, Clean Harbors’ Safety-Kleen segment reported higher third-party revenues, and BP’s lubricants business posted lower profits...read more
 
Lube Report Asia – August 8, 2017
Indonesia’s Federal Oil Consolidates Production
Indonesian lubricant blender PT Federal Karyatama opened a plant this month that will replace its two existing factories, CEO Patrick Adhiatmadja told Lube Report Asia...read more
Lube Report – August 9, 2017

Ineos to Produce Oxo Derivatives
Ineos Oxide, a branch of international chemical company Ineos, plans to construct units to produce an array of oxo chemical derivatives, the company said early last week. A location has not yet been determined...read more
 
 
Lube Report  – August 2, 2017
Fire Erupts at Rerefinery in Denmark
Avista Oil stopped production at its API Group I base oil rerefinery in Kalundborg, Denmark, last week following a fire on July 24. The investigation into the incident and its cause is ongoing, and the company has not yet determined when the plant will be back in operation...read more
 
Lube Report Asia– August 1, 2017
Japan’s Lube Demand to Rebound in 2017
Japan’s lubricant demand is forecasted to marginally rebound this year to 1.2 million metric tons due to demand from the industrial and automotive sectors, according to the Petroleum Association of Japan...read more
 
Lube Report – August 2, 2017
Gazprom Marine Oil Business Grows
Gazpromneft-Lubricants increased its marine oil sales by 7.5 percent in the first six months of 2017, compared to the year-earlier period, expanding the geography of its sales through integration in the Chevron global logistics network...read more
 
Lube Report Asia – August 1, 2017
CTL Supplier Eyes Synlubes Market
China may soon welcome a new provider of synthetic lubricants derived from coal-to-liquid base stocks, as Shanxi Lu’an Taihang Lubricant Co. advances its testing of such products using polyalphaolefins from its parent company, the state-owned Shanxi Lu’an Mining Industry Group Co...read more
 
Lube Report – August 2, 2017
ILSAC GF-5 Plus: Not if, But When?
With North American and Asian automobile manufacturers asking that a stop-gap “GF-5 Plus” category be inserted in the ILSAC series of passenger car engine oils and rushed to market by year end, the American Petroleum Institute’s Lubricants Group can expect to chew through a heavily loaded plate of issues when it meets later this month...read more
 
Lube Report Asia – August 1, 2017
Gulf Q1 Profit Unscathed by GST
Gulf Oil Lubricants India Ltd. reported a 13 percent jump in its first quarter net profit, thanks to higher other income. Revenue, however, rose only marginally as the country’s new Goods and Services tax system disrupted retail sales in June...read more
 
Lube Report – August 2, 2017
Q2 Earnings Round-up
Profits were up for Fuchs, Milacron and S-Oil, while SK Lubricants reported decreased operating profit, Valvoline posted a decline in operating income and Quaker Chemical reported decreased net income, all for the quarter ending June 30, compared to a year earlier...read more
 
Lube Report  – July 26, 2017
ATF Labels Face a Rewrite
Labels on automatic transmission fluid should be clearer in some states starting in January, following recent handbook amendments adopted by the National Conference on Weights and Measures that also provide criteria for how to substantiate performance claims for multi-vehicle and “suitable-for-use” ATFs...read more
 
Lube Report Asia– July 25, 2017
Industrial Lube Demand Upbeat in India
The outlook for industrial lube demand in India is positive, thanks to government initiatives aimed at boosting manufacturing activity and infrastructure development, said Ravi Chawla, managing director of Gulf Oil Lubricants India Ltd...read more
 
Lube Report – July 26, 2017
Repsol Invests in Puertollano Plant
Repsol is investing €5 million (U.S. $5.8 million) to raise production at its Puertollano blending and packaging facility, the Spanish company announced earlier this month. This investment to increase its domestic and international lubricant supply comes as a part of Repsol’s 2017 to 2021 strategic plan...read more
 
Lube Report Asia – July 25, 2017
Automakers to API: Update GF-5 Now
Asian and American automakers requested American Petroleum Institute to create a supplement to the existing ILSAC GF-5 standard for gasoline-fueled engine oils as soon as possible to measure how well oils protect engines from low-speed pre-ignition...read more
 
Lube Report – July 26, 2017
HCC Reports Strong Second Quarter
Heritage Crystal Clean’s oil business segment – which includes used oil collection activities, sales of recycled fuel oil and re-refining activities – posted $31.3 million in revenue for the quarter ending June 17, up 11.3 percent from $28.1 million in the year-earlier period...read more
 
Lube Report Asia – July 25, 2017
Lukoil Forms Chinese Subsidiary
Lukoil established a lubricant subsidiary in China as part of its expansion in the Asia-Pacific region. It opened an office in the northwestern city of Urumqi and plans to open another in Shanghai...read more
Lube Report  – July 19, 2017
U.S. Light Vehicle Aging Trend Continues
The average age of light vehicles in the United States reached 11.6 years by the end of 2016, up almost 17 percent from 9.9 years in 2007. The increase is expected to slow but continue, pushing the average age to 11.8 years in 2019, according to a report jointly published by the Automotive Aftermarket Suppliers Association and Auto Care Association...read more
 
Lube Report Asia– July 18, 2017
Group III Use Seen Rising in Asia
New API Group II and III sources will continue challenging the placement of Asian supplies in export markets and may speed up the adoption of lower viscosity finished lubricants throughout the region, said an industry consultant at a convention in Mumbai, India, last week...read more
 
Lube Report – July 19, 2017
Greif Expands in Texas
Industrial packaging supplier Greif will expand its Houston operations to include an intermediate bulk container manufacturing facility, the company announced Monday. Greif did not disclose the cost of the project, which is being undertaken to meet growing demand along the Gulf Coast...read more
 
Lube Report Asia – July 18, 2017
Chinese Additives Firm Readies IPO
Jinzhou Kangtai Lubricant Additives is awaiting securities regulatory commission approval to file an initial public offering on the Shenzhen Stock Exchange...read more
 
Lube Report – July 19, 2017
Petrobras Resumes Massive Blending Expansion
Petrobras is reviving a dormant plan to expand its lubricant blending plant in Duque de Caxias, Brazil. Expected to begin this year and end by 2020, the project will increase production capacity from approximately 290,000 metric tons per year to 450,000 t/y...read more
 
Lube Report Asia – July 18, 2017
Australian Mining Lags, Expects Recovery
Australia’s mining industry is currently in a trough, pressuring some lube suppliers to the industry to rely more on tangential markets until performance inevitably recovers, said industry observers...read more
 
Lube Report  – July 19, 2017
Adnoc Rolls Dice to Attract Downstream Investors
Abu Dhabi National Oil Co. unveiled a far-reaching plan to open up its downstream business to international investors, a development which could significantly alter the base oils landscape in the Middle East...read more
 
Lube Report  – July 12, 2017
Brazil Market Still Shrinking
Brazil’s finished lubricant demand declined another 7 percent to 1.28 million metric tons in 2016, according to an industry insider, meaning South and Central America’s largest market has shrunk 16 percent since 2013...read more
 
Lube Report Asia– July 11, 2017
Idemitsu Shareholders Conflict Continues
Some Idemitsu Kosan shareholders are seeking a court injunction to stop the company from issuing new shares that would help finance its merger with Showa Shell Sekiyu KK...read more
 
Lube Report – July 12, 2017
Iran Represents Opportunity for Central Asia Base Oil
Turkmenistan, Uzbekistan and Azerbaijan – a region with sluggish base oil production and exports – could find fresh export demand in Iran after the lifting of economic sanctions, according to an industry insider...read more
 
Lube Report Asia – July 11, 2017
Copton Streams Qingdao Plant
Qingdao Copton Technology Co. recently announced that it opened its new manufacturing facility in Qingdao, Copton, dubbed the Huangdao Industrial Park, at the end of April, one year after it listed on the the Shanghai Stock Exchange...read more
 
Lube Report – July 12, 2017
Functional Products Acquires Infineum’s Paratac brand
Lubricant additives supplier Infineum sold its Paratac brand of tackifiers and associated business to Functional Products Inc., the companies announced last week. The financial terms were not disclosed...read more
 
Lube Report Asia – July 11, 2017
GP Targets More Capacity, Bazaar Sales
GP Petroleums Ltd. plans to eventually acquire a blending plant in southern India and to bank on the bazaar segment to increase its automotive lubricants sales, a company executive said...read more
 
Lube Report  – July 12, 2017
WD-40 Profit, Sales Up
WD-40 reported net income of $14.4 million for the quarter ending May 31, up 14 percent from a year earlier, with net sales up 2 percent at $98.2 million...read more
 
Lube Report  – July 5, 2017
EPA Shifts Course on Chlorinated Paraffins
The U.S. Environmental Protection Agency entered into consent orders that allow three companies to manufacture and import a wide range of chlorinated paraffin substances, including medium-, long- and very long-chain CPs...read more
 
Lube Report Asia– July 4, 2017
Japan’s Base Oil Sales Static
Japan’s sales of base oils used in the production of lubricants rose about half a percentage point in 2016 to approximately 2.1 million metric tons, due mainly to an increase in demand from engine oil blenders, according to data released by the country’s Ministry of Economy, Trade and Industry...read more
 
Lube Report – July 5, 2017
Motor Oils in Russia Projected to Recover
Russian demand for motor oils used by on-road vehicles stagnated the past couple years but is projected to make a slow recovery in 2017, according to a domestic consultancy. Addressing an industry conference in Moscow last month, an official from Autostat said demand has also been flat in Ukraine and Kazakhstan...read more
 
Lube Report Asia – July 4, 2017
China, Lithium Still Rule Grease
China produces almost as much grease as North America and Europe combined, and the rest of Asia collectively churns out more than each of those Western regions, according to this year’s production report from the National Lubricating Grease Institute. Lithium soaps reign as the most prominent thickener type around the world...read more
 
Lube Report – July 5, 2017
GF-6 Timeline Wobbles Again
At last week’s semiannual gathering of ASTM Committee D2 in Boston, both the Passenger Car Engine Oil and Heavy Duty Engine Oil Classification Panels met to discuss the status of key industry specifications. Participants heard that the launch date for ILSAC GF-6 passenger car engine oils is teetering again...read more
 
Lube Report Asia – July 4, 2017
Indian Suppliers to Consolidate Depots
India’s lube suppliers have long relied on local storage hubs for most sales across the country, but at least some are set to begin consolidating depots to central, strategic locations as the new Goods and Services Tax system no longer favors local sales, said an industry observer...read more
 
Lube Report  – July 5, 2017
Tiarco Expands its Dalton Plant
Specialty chemicals company Tiarco is expanding its Dalton, Georgia, chemical production facility, which makes various component chemicals used to manufacture lubricants, the company announced Monday...read more
 
Lube Report Asia  – June 27, 2017
Korean Police Bust Fake Jet Oil Suspects
South Korean police arrested a chemical products distribution trio that allegedly sold the military fake specialty lubricants thought to have caused multiple equipment malfunctions...read more
 
Lube Report Asia– June 27, 2017
Base Oil Map Shows Asia’s Power
Global base oil manufacturing capacity now tips the scales at roughly 55 million metric tons a year (1.11 million barrels a day). And while the building frenzy of the past decade seems to be easing, Asia’s refiners still aim to stream nearly 2 million new tons of capacity – the equivalent of two world-class base oil refineries – by the end of 2019...read more
 
Lube Report – June 28, 2017
Could Capital Boost Port Arthur Base Oils?
After becoming the sole owner of Motiva, Saudi Aramco announced plans to invest $18 billion in its U.S. downstream business. The company has offered little detail, but lube industry analysts say it could lead to changes at Motiva’s base oil plant in Port Arthur, Texas...read more
 
Lube Report Asia – June 27, 2017
Glut Reduces Refinery Rates
China’s base oil capacity has expanded significantly in recent years, but at least some refiners are now producing well below capacity. In the short term, that may be due partly to reduced demand during the slack season for lubricant demand, but the market also appears to be fundamentally oversupplied...read more
 
Lube Report – June 28, 2017
New Mexico Files Suit Against Dollar General
New Mexico’s attorney general filed a lawsuit against Dolgencorp LLC, owner of Dollar General, alleging the discount retail store chain engaged in unfair advertising and trade practices in selling its store brand motor oil. The suit also claims the oil diminished the state’s air quality...read more
 
Lube Report  – June 28, 2017
Russian Police Foil Counterfeit Lubes Operation
Moscow police raided a business last week to shut down production and online sale of allegedly counterfeit motor oils...read more
 
Lube Report  – June 21, 2017
Regs Could Boost Russian Rerefining Industry
Licensing for used oil collectors and legislation that restricts waste oil dumping and incineration could improve Russia’s rerefining industry, a consultancy found, though it remains hindered by lax law enforcement and a lack of state and private incentives...read more
 
Lube Report Asia – June 20, 2017
Suppliers Brace for Indian Tax Reform
India will become a common market after it implements its Goods and Services Tax system in July, and lubricant suppliers anticipate a complex transition process with both pros and cons...read more
 
Lube Report – June 21, 2017
Qatar Blockade Stokes Base Oil Worries
The crisis that arose this month between Qatar and several of its neighbors is fueling unease over base oil supplies from the Middle East, amid fears the row could escalate and disrupt shipments...read more
 
Lube Report Asia – June 20, 2017
Hyundai Fined for Lube Policies
A competition regulator imposed a penalty of 870 million rupees (U.S. $13.5 million) on South Korean automaker Hyundai Motor Co.’s Indian unit for antitrust practices, including controlling dealers’ prices and choices of lubricants...read more
 
Lube Report – June 21, 2017
Survey Finds Labeling Problems with ATFs
Misleading labels and a confusing array of specifications are among the factors interfering with the proper use of adequately performing automatic transmission fluids, according to the results of a survey released yesterday...read more
 
Lube Report Asia  – June 20, 2017
SE Asia Infrastructure Projects Abound
Infrastructure construction is booming in Southeast Asia – particularly in Thailand and Vietnam – and new Asian lube suppliers are positioned to secure market share if they enter the market with clear direction, according to an industry observer...read more
 
Lube Report – June 21, 2017
Base Oil Capacity Keeps Rising
Global base oil manufacturing capacity now tips the scales at 1.11 million barrels a day, roughly 55 million metric tons a year. Yet even though the construction frenzy of the past decade seems to be ebbing, refiners still aim to stream another 90,000 b/d of fresh capacity between now and 2021...read more
 
Lube Report  – June 14, 2017
Grease Output Edged Up in 2016
Global production of lubricating greases reached 2.57 billion pounds in 2016, according to fresh data released by the National Lubricating Grease Institute...read more
 
Lube Report Asia – June 13, 2017
Group II/III Supply Shifts from Asia
Asia’s intensifying thirst for high-quality lubricants will soak up some of its API Group II and III surplus, but oversupply of high-performance base stocks will be more pronounced than ever as new sources pop up across the globe...read more
 
Lube Report – June 14, 2017
Curacao in Talks with GZE
Curacao is working to finalize an agreement for a 40-year lease of its Isla refinery to Chinese oil trader Guangdong Zhenrong Energy...read more
 
Lube Report Asia – June 13, 2017
Vietnam Vehicle Sales Vroom
Vietnam’s demand for aftermarket motor oils is expected to see “tremendous growth” as an expanding middle class boosts passenger vehicle sales, said market participants and observers...read more
 
Lube Report – June 14, 2017
Importers Lost Ground In Russia
Foreign marketers of motor oils lost their competitive edge in Russia to domestic players in 2016, primarily because of the country’s recession and steep ruble devaluation the past few years...read more
 
Lube Report Asia  – June 13, 2017
Mobil 1 now Streaming in Singapore
ExxonMobil began producing Mobil 1 synthetic engine oils in Asia for the first time upon the opening of its greases and lubricants facilities in Singapore earlier this year...read more
 
Lube Report – June 14, 2017
Drilling Fluid Demand to Rise
U.S. drilling fluid demand is projected to rise 11 percent per year to 1.45 billion gallons in 2021, driven by a recovery in drilling activity and increases in the average fluid used per well...read more
 
Lube Report  – June 7, 2017
Puraglobe to Begin Making Group III
Puraglobe will begin producing API Group III base oils later this month as the upgrade to its Troeglitz, Germany, rerefinery comes to a close, the company told Lube Report...read more
 
Lube Report Asia – June 6, 2017
Sanyo to Expand Additive Capacity in Japan
Sanyo Chemical Industries Ltd. is investing ¥900 million (U.S. $8 million) to expand one of its two additive plants in Japan by October, a spokesman told Lube Report Asia...read more
 
Lube Report – June 7, 2017
Slavneft Completes Group III Upgrade
Slavneft has begun making trial batches of base oils for the Group III upgrade at its plant in Yaroslavl, Russia, according to Rosneft, a partner in the refining joint venture. Rosneft said it is also mulling production of Group II and extender oils at its Novokuibyshevsk refinery in 2018...read more
 
Lube Report Asia – June 6, 2017
Yushiro, Moresco Set Sights Overseas
Two of Japan’s top metalworking fluid providers said recently that with domestic automobile production and die-casting industries stagnant, their growth will likely continue to come from other parts of Asia and the Americas...read more
 
Lube Report – June 7, 2017
AAA Report Lauds Synthetic Oils
An American Automobile Association report found synthetic engine oils performed an average of 47 percent better than conventional oils in several industry-standard tests and recommended motorists consider a synthetic if frequently subjecting their vehicle to stop-and-go driving, towing, aggressive driving or operating in extreme climates...read more
 
Lube Report Asia  – June 6, 2017
A ‘Solid’ Concept for Bearing Lubrication
In instances of extreme or especially demanding operating environments, conventional lubricants for ball or rolling bearings may not be able to make the grade, adversely impacting both the performance and service life of the bearings...read more
 
Lube Report – June 7, 2017
Ardian Invests in LBC
Private investment company Ardian agreed to acquire a 35 percent stake in LBC Tank Terminals, buying out previous shareholders State Super and Sunsuper, the companies announced late last month...read more
 
Lube Report  – May 31, 2017
Castrol Warranty Draws Class Action
BP Lubricants USA and Pennsylvania used-car dealer CarSense face a class action alleging that their requirement to use Castrol brand products for engine warranty coverage constitutes an illegal tie-in that violates the Magnuson-Moss Warranty Act...read more
 
Lube Report Asia – May 30, 2017
Regulator Terminates Tianhe Trading
Tianhe Chemicals Group said Thursday that Hong Kong’s securities regulator ordered a halt in the trading of the Chinese lube additive supplier’s shares on grounds that the company’s June 2014 prospectus was misrepresentative. Its trading had been suspended for other reasons since early 2015...read more
 
Lube Report – May 31, 2017
Lukoil’s Lube Sales Grew in 2016
Lukoil reported 5 percent growth in finished lubricant sales for 2016, driven by the company’s increased sales of high-margin products and expansion of its product mix...read more
 
Lube Report Asia – May 30, 2017
Vehicle Production to Float Asia’s Market
The Asia-Pacific region’s total lube market is expected to be 4 percent larger by 2025, a Frost & Sullivan analyst said at a recent industry gathering in Singapore. Minor dips in demand due to longer-lasting motor oils will be offset by increased vehicle manufacturing...read more
 
Lube Report – May 31, 2017
Oxea Upgrades Carboxylic Acids Plant
Oxea completed an upgrade of its carboxylic acids production facility in Oberhausen, Germany, the company announced Friday, increasing the facility’s output of short-chain fatty acids. The new production capacity could feed into supplies of ester-based lubricants...read more
 
Lube Report Asia  – May 30, 2017
United Oil Buys Indonesian Partner
United Oil, of Singapore, will expand its reach in Indonesia with the purchase of 95 percent of lube manufacturer Pacific Lubritama Indonesia...read more
 
Lube Report – May 31, 2017
STLE Names Anderson President
Michael Anderson of Falex Corp. was appointed president of the Society of Tribologists and Lubrication Engineers during its annual meeting and exhibition held in Atlanta last week...read more
 
Lube Report  – May 24, 2017
Clariant, Huntsman Agree to Merge
Two chemical specialty giants – Clariant and Huntsman Corp. – have reached a definitive agreement to merge, the companies announced Monday. The all-stock transaction, which was unanimously approved by their boards of directors, is set to be completed by the end of this year following regulatory approvals...read more
 
Lube Report Asia – May 23, 2017
Flat Market to Alter China’s Supply
In addition to flat demand that should ratchet competition, China’s lubricant industry is headed for structural changes that could significantly alter how marketers supply their products, said an analyst at an industry event in Singapore last week...read more
 
Lube Report – May 24, 2017
Russian Coolants Maker Expands in Lubes
While most of Obninskorgsintez’s production consists of antifreeze and car cleaning products, its growing lubricants business is now ranked one of the top five in Russia...read more
 
Lube Report Asia – May 23, 2017
Gulf Oil Bets on Chennai, Distribution for Growth
Gulf Oil Lubricants India Ltd. expects to maintain its growth momentum going forward, thanks to its new blending plant in Chennai and the company’s focus on expanding its distribution network in India, the world’s third-largest lubricant market...read more
 
Lube Report – May 24, 2017
Lukoil’s Eastern European Lube Business Grew in 2016
Lukoil’s lubricant branch in Eastern Europe posted improved sales results, and the company continues to expand its global reach...read more
 
Lube Report Asia  – May 23, 2017
China Introduces Wind Turbine Oil Standards
China recently introduced national standards for greases and lubes used in wind turbines...read more
 
Lube Report – May 24, 2017
Canton Fuels Hydrodec Rebound
Transformer oil rerefiner Hydrodec posted a $7.8 million loss for 2016 – including losses associated with its United Kingdom recycling operations that the company disposed of in March 2016 – an improvement from a $31.1 million loss for 2016...read more
Lube Report  – May 17, 2017
Fuchs Opens Grease Plant
Fuchs Petrolub SE opened a $26 million grease plant, research lab and warehouse near Chicago Monday. The company did not disclose the capacity of the plant but said in its 2016 annual report that it will produce 29 specialty greases...read more
 
Lube Report Asia – May 16, 2017
Idemitsu, Showa Shell Form Alliance
Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. last week said they still plan to merge by an unspecified date and will immediately begin integrating some parts of their business, including the procurement of raw materials...read more
 
Lube Report – May 17, 2017
Engine Oil Goes Hollywood
Valvoline is stepping onto the red carpet alongside Paramount Pictures' favorite talking robots as the official synthetic motor oil of the “Transformers: the Last Knight” movie, in theaters late next month...read more
 
Lube Report Asia – May 16, 2017
Research Advised for MWF Suppliers
Chinese metalworking fluid suppliers face threats and opportunities due to trends such as closings of aluminum producers and a push to supply more sophisticated metals...read more
 
Lube Report – May 17, 2017
Canadian Biocide Labeling Change Debated
A Canadian proposal to lower application rates for a formaldehyde-free biocide based on a mixture known as CMIT/MIT has drawn opposition over concerns it would reduce the biocide’s effectiveness in metalworking fluids...read more
 
Lube Report Asia  – May 16, 2017
Trust Key for India Tractor Operators
Suppliers may better target India’s strong tractor oil segment if they understand how operators make maintenance decisions – a goal of a recent survey by lubricant additive supplier Afton Chemical...read more
 
Lube Report – May 17, 2017
ELGI Groups Push Ahead with Tests
Several working groups reported progress in developing test methods for greases during the European Lubricating Grease Institute’s annual meeting held last week...read more
 
Lube Report  – May 10, 2017
Bapco, Neste Marketing Pact to Dissolve
Bahrain Petroleum Co. and Neste Oil will dissolve, by the end of 2017, their marketing agreement for base oils produced at their joint venture API Group III base oil refinery, a Neste representative said yesterday...read more
 
Lube Report Asia – May 9, 2017
China still a Net Importer of Base Oils
China imported 10.5 percent more base stocks in 2016, totaling 2.8 million metric tons. Exports increased by 54 percent, to 46,920 tons, in the first year since rules on exporting base oils were relaxed...read more
 
Lube Report – May 10, 2017
Russia Base Oil Exports Grew in 2016
Russian base oil exports increased 13 percent in 2016 due to favorable market conditions in Europe and a ramp-up of API Group II and Group III base oils production, according to an industry insider...read more
 
Lube Report Asia – May 9, 2017
Chevron to Expand Vietnamese Plant
Chevron has broken ground on an expansion of its lubricants blending facility in Hai Phong, Vietnam, the company confirmed...read more
 
Lube Report – May 10, 2017
Q1 Earnings Wrap-Up
Calumet Specialty Products Partners L.P. posted a much smaller first quarter net loss than it did in 2016, and its executives discussed the company’s recent launch of API Group III base oil production during an earnings call with analysts. Clean Harbors’ Safety-Kleen segment posted an increase in third-party revenues...read more
 
Lube Report Asia  – May 9, 2017
FKT, UMW Record Mixed Results
Malaysian lubricant supplier UMW reported that its profit before taxes dipped slightly in 2016, while Indonesia’s PT Federal Karyatama boosted its lubricant sales volumes by 7 percent...read more
 
Lube Report – May 10, 2017
Petronas, Iranol Ally to Make Lubes
Iranol Co. and Malaysia’s Petronas signed an agreement to cooperate on production of engine oils and industrial lubricants in Iran...read more
Lube Report  – May 3, 2017
Calumet Launches Group III Base Oil
Calumet Specialty Products Partners L.P. announced on Monday that it has begun making API Group III base oil at its plant in Shreveport, Louisiana, the only virgin Group III produced in the United States at this time...read more
 
Lube Report Asia – May 2, 2017
Copton Reports Plant Plans, Lube Sales
Qingdao Copton Technology Co. made revenue of ¥730.7 million (U.S. $106 million) from lubricants in 2016, according to the company’s annual report, in which the firm also announced plans to double its capacity with an additional blending plant in July...read more
 
Lube Report – May 3, 2017
Gazpromneft Grows in Central Asia
Gazpromneft Lubricants’ finished product sales in Central Asia rose by 35 percent in 2016, driven by increased tie-ups within the region’s industries, the company said recently...read more
 
Lube Report Asia – May 2, 2017
China Bets on Aftermarket amid Glut
China’s automotive lubricants suppliers have increasingly turned to aftermarket channels such as oil change workshops to gain market share as nationwide overcapacity continues, an industry insider told a conference in Shanghai...read more
 
Lube Report – May 3, 2017
Q1 Earnings Wrap-Up
Afton Chemical’s operating profit slipped, and Quaker Chemical reported a 45 percent decrease in net income, while BP posted a marginal increase in underlying replacement cost profit before interest and tax for its lubricant business....read more
 
Lube Report Asia  – May 2, 2017
India to Keep Chugging Tractor Oils
India’s goliath tractor market will continue mounting thanks to upticks in non-farming applications, increased mechanization in agricultural industries and more sales in fallow regions – keeping tractor oils demand robust, an Afton spokesman said...read more
 
A newly published reanalysis of a 2010 study widely used to assess the hazards of formaldehyde found no link between exposure to the chemical and leukemia...read more
 
Lube Report  – April 26, 2017
Heavy-duty Tests Scrutinized
Developers of the latest API heavy-duty diesel engine oil categories are discussing whether some of their engine tests should be eliminated...read more
 
Lube Report Asia – April 25, 2017
Russian Supplier Plans India Foray
Russian lubricants supplier Obninskorgsintez is set to expand its business in India this year, the company told Lube Report Asia last week...read more
 
Lube Report – April 26, 2017
New Technologies Called Threat to Lube Suppliers
Lubricant marketers could face disruptions to the ways they do business in coming years due to growing popularity of electric vehicles, adoption of new manufacturing materials and the rise of new businesses that leverage information technology to muscle in on marketers’ expertise, an industry insider said earlier this month...read more
 
Lube Report Asia – April 25, 2017
India Largest Moto Market
India’s two-wheeler market has surpassed China’s and will continue growing as vehicle ownership rises, an observer told an industry conference here earlier this month...read more
 
Lube Report – April 26, 2017
Two More to Raise Finished Lube Prices
Valvoline and Citgo informed U.S. customers of upcoming finished lubricant price increases that take place in mid-May and early June...read more
 
Lube Report Asia  – April 25, 2017
Pundit Advises Segmented Strategy in India
While India’s economy continues growing faster than any other, and its superlative tractor and two-wheeler parcs expand, opportunities only exist for automotive lubricants suppliers that play their cards right, according to Geeta Agashe, a consultant who relayed some tips at an industry event in Mumbai this month...read more
 
Lube Report – April 26, 2017
Q1 Earnings Wrap-up
Valvoline reported higher profits, while profits were down for South Korean base oil refiners SK Lubricants and S-Oil for the quarter ended in March...read more
 
Lube Report  – April 19, 2017
Exceptions to be made in Oil Ban
A California agency is working to adopt regulatory language on a law prohibiting the sale of any engine oil deemed obsolete by the American Petroleum Institute. As requested by lubricant manufacturers, regulators are considering exceptions for valid uses for obsolete oils...read more
 
Lube Report Asia – April 18, 2017
Petronas Triples Lube Capacity in China
Petronas Lubricants International on April 7 opened its second lube blending unit in Weifang, Shandong Province, bringing its total annual capacity there to 150,000 metric tons...read more
 
Lube Report – April 19, 2017
Production Resuming at Pearl
Repairs have begun at the Pearl gas-to-liquids refinery in Ras Laffan, Qatar, and operators have started to resume production – a process that could last at least a few months, Shell said...read more
 
Lube Report Asia – April 18, 2017
Fire at Chongqing Plant Kills Three
Three people were killed after a fire broke out on the morning of April 6 at a Yate Lubricant Co. factory in the Bishan District of Chongqing, China...read more
 
Lube Report – April 19, 2017
Nigerian Agency Nabs Counterfeiters
The Standards Organization of Nigeria arrested a lubricant counterfeiting syndicate in a town near the country’s capital city of Abuja, an agency spokesman told Lube Report...read more
 
Lube Report Asia  – April 18, 2017
JAMA Proposes SAE 0W-8 Spec
Members of the Japanese Automobile Manufacturers Association want to continue pioneering lower-viscosity oils by developing a specification for SAE 0W-8 engine oils by April 2019 for the country’s passenger vehicle market...read more
 
Lube Report – April 19, 2017
U.S. Retail Sales Lag Ad Spend
Less than half of do-it-yourself consumers report purchasing motor oil on promotion at auto specialty retailers in the United States, according to a recent study conducted by NPD Group. At the same time, promotional activity for motor oil was up in 2016, with 14 percent more in-store circular motor oil advertisements compared to 2015...read more
Lube Report  – April 12, 2017
Quaker Chemical to Acquire Houghton
Quaker Chemical announced last week an agreement to acquire Houghton International, a deal that will combine two of the world’s largest suppliers of metalworking fluids...read more
 
Lube Report – April 12, 2017
Two More Majors Join Finished Lube Hikes List
Shell and Phillips 66 notified U.S. customers of upcoming price increases on finished lubricants that take place around mid-May...read more
 
Lube Report Asia – April 11, 2017
Branded Workshops Key in Indonesia
Lubricant suppliers say branded workshops are critical in Indonesia's aftermarket segment, which is growing as the country's automobile parc ages and warranties expire...read more
 
Lube Report – April 12, 2017
Intertek Acquires German Testing Service
Testing company Intertek Group plc announced yesterday that it has completed the acquisition of KJ Tech Services, a Germany-based company specializing in on-road testing...read more
 
Lube Report Asia – April 11, 2017
Sri Lanka’s Synlubes Tax Hike: Good or Bad?
Duties and taxes on synthetic lubricants in Sri Lanka shot up by 31 percent late last year, a move commerce advocate groups and traders say is roiling the market. But some say the increase has leveled the playing field for the better and may actually benefit end users...read more
 
Lube Report – April 12, 2017
Umongo Acquires South African Distributor
Umongo Petroleum acquired South African base oil distributor Orbichem Petrochemicals, which is now a wholly owned subsidiary. Terms were not disclosed...read more
 
Lube Report Asia – April 11, 2017
Fuchs Australia Stretches into Bigger Facility
Fuchs Lubricants (Australasia) Pty’s new blending plant near Newcastle on Australia’s east coast will help it shut its dated facility nearby, triple its local lube output to around 66,000 metric tons per year and continue to snare market share...read more
 
Lube Report  – April 5, 2017
Group III Expansion Expected for N. America
North America is a large importer of API Group III base stocks but it produces only a small portion of those oils. As the region’s demand for Group III continues to grow, many industry insiders predict that local production of these oils will also expand...read more
 
Lube Report Asia – April 4, 2017
Lopal IPO Fetches $71 Million
In its initial public offering, Jiangsu Lopal Petrochemical Co. raised ¥494 million (U.S. $71.68 million) to build several new production, warehouse and office facilities...read more
 
Lube Report – April 5, 2017
Russian Car, LCV Motor Oil Consumption to Grow
Russian passenger cars and light commercial vehicles consumed 280 million liters of motor oils in 2016, up 4.3 percent from 2015, and the growth of its active vehicle fleet should spur a recovery for its lubricants market, according to a recently published report...read more
 
Lube Report Asia – April 4, 2017
Asia Sticks with Chlorinated Paraffins
The production of chlorinated paraffins for use in lubricant additives and metalworking fluids will grow steadily in coming years in the Asia-Pacific region and China in particular due to a lack of regulations prohibiting their use there, a recent report from Allied Market Research found...read more
 
Lube Report  – April 5, 2017
Finished Lube Price Hikes Continue
ExxonMobil, Chevron, Chemlube, Pinnacle Oil and Old World notified U.S. customers of upcoming price increases on finished lubricants that go into effect in from about mid-April to mid-May. Factors cited included increased costs for base oils, additives and raw materials used in manufacturing....read more
 
Lube Report Asia – April 4, 2017
Chevron Lanka Records Strongest Year Yet
Chevron Lanka recorded a 13 percent higher profit in 2016 – its best year yet – due to growth in the country’s manufacturing and power generation sectors and increased volumes of exports to the Maldives and Bangladesh...read more
 
Lube Report  – April 5, 2017
EPA Expected to Switch Course on CPs
The U.S. Environmental Protection Agency will reconsider its use of Toxic Substances Control Act Section 5 to review medium- and long-chain chlorinated paraffins as “new chemicals” and instead expects to review them as “existing chemicals” under TSCA Section 6, the Independent Lubricant Manufacturers Association said in an update to its members Monday...read more
 
Lube Report – March 29, 2017
Tough Times Drag Down Eastern Europe
Eastern Europe’s lubricant demand declined 0.5 percent from 2015 to less than 2.9 million tons in 2016, hindered by economic problems in Russia and Ukraine, according to German lube marketer Fuchs Petrolub SE...read more
 
Lube Report Asia – March 28, 2017
Japanese Giants Unite
Upon their merger later this week, Japanese oil majors JX Holdings and TonenGeneral Sekiyu KK together will be the country’s largest supplier of lubricants. But observers say it’s not clear how the behemoth will integrate its lubricants operations as it targets more growth in the segment...read more
 
Lube Report – March 29, 2017
Slavneft to Stream Group III in April
Russian oil major Slavneft, a 50-50 joint venture of Rosneft and Gazprom Neft, is set to stream its first batches of Group III base oil at its Yaroslavl refinery in April, industry sources said last week...read more
 
Lube Report Asia – March 28, 2017
In Indonesia, There’s an App for That
The growing popularity of app-based, on-demand oil change services in Indonesia gives lubricant marketers a new channel of distribution into second- and third-tier cities where consumers may not have easy access to physical workshops...read more
 
Lube Report  – March 29, 2017
More Hikes Coming for Finished Lubes
BP Castrol, Martin Lubricants, Cam2 International and Smitty’s Supply notified U.S. customers of finished lubricant increases that take effect from mid-April into early May, most citing increasing costs for raw materials such as base oil and additives...read more
 
Lube Report Asia – March 28, 2017
Yip’s Revives Lubes Profit
Yip’s Chemical Holdings Ltd. made a profit of 1.68 million Hong Kong dollars (U.S. $216,000) in 2016 after suffering a HK $26 million loss the year before. Sales revenue was down, but the group said operational improvements led to better gross profit margins...read more
 
Lube Report  – March 29, 2017
Work Starts on Biobased Wax, Ester Plant
OG&A BioSpecialties LLC plans to build a 1,000 barrels per day biobased wax and ester production plant in Kentucky by the end of 2017, and expects to commence commercial operations in 2018...read more
 
Lube Report – March 22, 2017
Synthetics Recovering in Russia
After picking up at the start of this decade, the penetration of synthetic lubricants in Russia suffered a setback in 2014. Since then the popularity of those products has begun to recover, and industry insiders say it should grow going forward...read more
 
Lube Report Asia – March 21, 2017
Brands, Partnerships Key to ASEAN Expansions
With Southeast Asian countries attempting to open their doors more to regional trade, many lubricant suppliers are keen to expand into neighboring countries. But observers suggest that brand building and local partnerships are still key to a winning expansion strategy...read more
 
Lube Report – March 22, 2017
U.S. Aftermarket Engine Oil Sales Edge Up
The total value and volume of engine oils sold in the U.S. automotive aftermarket industry increased 1 percent in 2016, according to retail sales data tracked by NPD Group...read more
 
Lube Report – March 22, 2017
Dubai to Curb Illegal Trading
Five government agencies recently joined hands in an effort to curb illegal lubricant trading in Dubai, United Arab Emirates. The group, which was also assisted by state-owned Emirates National Oil Co., is trying to root out engine oils that do not meet the recently adopted minimum standards, API SL and API CH-4...read more
Lube Report Asia  – March 21, 2017
Lubricant Suppliers Mark up Prices in China
A round of price hikes is working its way through China’s lubricant market, but buyers will not necessarily be paying the amounts that marketers have announced...read more
 
Lube Report – March 22, 2017
Fuchs’ Grease Plants Progress
Fuchs’ new factory in Chicago will produce 29 different specialty greases, and its new plant near Johannesburg, South Africa, will produce a diverse range of greases starting in summer of 2017, according to the company’s 2016 annual report...read more
 
Lube Report Asia  – March 21, 2017
Group II Rerefinery Planned for Bangladesh
Lub-rref (Bangladesh) Ltd. will open a 50,000 metric tons per year API Group II rerefinery by March 2019 with the help of American used oil regeneration technology provider Chemical Engineering Partners. The plant will be the country’s largest base oil source and its first to make Group II...read more
 
Lube Report – March 15, 2017
Opportunities Cited for Rerefining
Lube oil rerefiners have plenty of reason for optimism, both in the short and long term, Fabio Dalla Giovanna told attendees at a base oils and lubricants conference in London last month...read more
 
Lube Report Asia – March 14, 2017
JASO Updates Diesel Oil Standard
The Japanese Automotive Standards Organization revised its diesel engine oil standard, JASO M355, to include a new fuel economy category for heavy-duty oils as well as a new light-duty category to replace API 's retired CF-4...read more
 
Lube Report – March 15, 2017
Hill Lays Out Plans for Kazakh Market
Kazakhstan lubricant manufacturer Hill Corp. plans to expand its lubricant blending plant in Shymkent and also to begin construction of a long-discussed base oil plant, the company confirmed last week...read more
 
Lube Report Asia – March 14, 2017
Universal Tractor Oils to the Rescue
Tractor operators in India may increasingly turn to universal tractor transmission oils to eliminate the need for multiple oils in one machine, according to an industry insider addressing a recent conference in Uttar Pradesh...read more 
 
Lube Report – March 15, 2017
ExxonMobil Guarantees 20,000-mile Oil Drains
In what could be another step in the march toward longer drain intervals, ExxonMobil on Friday announced a new engine oil that guarantees against engine damage for intervals of one year or 20,000 miles...read more
 
Lube Report Asia – March 14, 2017
Bardahl Returns to Indonesia
Indonesia poses many barriers to entry, but American lubricant supplier Bardahl Manufacturing Corp. said it’s prepared to meet the market’s various challenges in the hopes of reaping its potential...read more
 
Lube Report – March 15, 2017
Pugh and Apollo Join Forces
Pugh Lubricants and Apollo Oil announced Monday that they will be joining forces to create one of the largest lubricant distribution companies in the Eastern United States...read more
 
Lube Report – March 8, 2017
OMV Sells Turkish Retail Business
Vitol Group acquired OMV Petrol Ofisi’s lubricants and fuels distribution business in Turkey, including a finished lubes blending plant, for €1.4 billion (U.S. $1.5 billion), the companies said March 3...read more
 
Lube Report Asia – March 7, 2017
Indian Grease Makers Seek Lithium Alternatives
For upwards of a year, India’s grease manufactures have had difficulty sourcing lithium hydroxide, a key raw material for making greases thickened with lithium-based soaps. Their woes are unlikely to end soon unless they find alternatives to lithium and lithium complex greases, industry officials said...read more
 
Lube Report – March 8, 2017
API Invokes Provisional Licensing Again
The American Petroleum Institute last week invoked provisional licensing for the ILSAC GF-5 and API SN with Resource Conserving passenger car engine oil categories...read more
 
Lube Report Asia – March 7, 2017
Singaporean Suppliers' Profits Sink
United Global Ltd. and AP Oil International Ltd. both saw their net profit decline by around 10 percent in 2016. The Singaporean lubricant blenders’ sales stumbled in at least some segments, but United said it was initial public offering expenses that kept it from a profit hike...read more 
 
Lube Report – March 8, 2017
Lubrizol Exits Oilfield Solutions Business
Berkshire Hathaway said it is scuttling the Oilfield Solutions Business of subsidiary Lubrizol and that it had declared a pre-tax loss of $365 million on the underperforming business...read more
 
Lube Report Asia – March 7, 2017
ASEAN Lube Trade: Far From Free
As the Association of Southeast Asia Nations moves to eliminate intra-regional tariffs by 2018, analysts say member countries’ non-tariff measures could still hinder lubricant trade...read more
 
Lube Report – March 8, 2017
U.S. Fast Lube Population Grows
The top 50 largest fast lube chains in the United States operated 9 percent more facilities than a year ago, according to National Oil & Lube News’ 2017 Tops in the Industry Rankings, reflecting changes from acquisitions in the fast lube and oil change-plus segments...read more
 
Lube Report – March 1, 2017
U.S. Base Oil Eased Off in 2016
Operating at a relaxed but steady pace for most of the year, U.S. base oil refiners delivered a respectable 60.6 million barrels of paraffinic and naphthenic stocks in 2016, according to data released yesterday by the federal Energy Information Administration...read more
 
Lube Report Asia – February 28, 2017
Are China's SOEs Phasing out Private Brands?
It is no secret that China’s state-owned enterprises don’t always contract their lubricant-supplying peers. Many government agencies have shown preference to private multinational brands, believing they offer better quality. But that trend is changing...read more
Lube Report – March 1, 2017
Forecast Calls for Fewer Base Oil Projects
With growing supply surpluses and shrinking capital budgets, the number of new base oil plants and expansions entering the development pipeline should slow in coming years, an industry insider told a lubricant conference recently....read more
 
Lube Report Asia – February 28, 2017
Hi-Tech Banks IPO Funds on Fuels
In the year since its January 2016 initial public offering, Pakistan’s Hi-Tech Lubricants Ltd. has invested around 1.2 billion rupees (U.S. $11.4 million) of the funds it raised, mostly on its foray into the fuel retail and service center businesses, which it said will be a boon to its lubricants sales...read more 
Lube Report – March 1, 2017

Iran Still Holds Potential for Early Investors
Despite Iran’s disappointing economic performance since international economic sanctions were lifted last year, foreign companies could still reap the benefits of doing business in the country, Geeta Agashe told attendees at an industry conference in London earlier this month...read more
Lube Report Asia – February 28, 2017
South Korean Exports Increase
South Korea’s exports of base oils and lubricants continued increasing in 2016, with China the biggest importer of its cargo...read more
 
Lube Report – March 1, 2017
Q4 Earnings Wrap-up
Nynas posted a decrease in operational cash flow for its naphthenic unit, Calumet Specialty Products Partners reported a net loss, and operating income was down for Chemtura’s Industrial Performance Products segment. Clean Harbors’ Safety-Kleen segment posted an increase in third-party revenues, and Milacron reported higher operating income for its Industrial Fluids segment, all for the fourth quarter, compared to the year-earlier quarter...read more
Lube Report – February 22, 2017
Saudi Aramco to Market Group I, II and III
Saudi Aramco announced Thursday the launch of a base oil marketing business, marking its shift to an active supplier rather than a somewhat passive base oil investor....read more
 
Lube Report Asia – February 21, 2017
TonenGeneral Vows to Rebuild Base Oil Plant
TonenGeneral Sekiyu K.K. said it will resume full production at its Wakayama refinery’s API Group I plant by the end of this year after rebuilding equipment damaged by last month’s fire there, a company spokesman told Lube Report Asia...read more
 
Lube Report – February 22, 2017
JV Mixes Wind Turbine Lube, Maintenance Expertise
Castrol created a joint venture with Romax Technology’s InSight business, which provides condition monitoring and predictive maintenance services for wind turbines....read more
 
Lube Report Asia – February 21, 2017
ExxonMobil Singapore to Make More GII
ExxonMobil will expand its API Group II base oil plant in Singapore, which is already the largest Group II source in Asia-Pacific and one of the largest base oil refineries in the world, the company announced last week...read more 
 
Lube Report – February 22, 2017
ICIS Panelists Debate Spec Development
The time and cost of developing engine oil test and specifications has gotten out of hand, lubricants industry speakers said during a panel discussion at the ICIS World Base Oils & Lubricants Conference in London last week...read more
 
Lube Report Asia – February 21, 2017
Japan’s Vehicle Production, Sales Volumes Wane
A decrease in production of commercial vehicles and buses in 2016 contributed to a marginal drop in Japan’s total automobile output, and sales were down too, according to the Japan Automobile Manufacturers Association...read more
 
Lube Report – February 22, 2017
Strong Year for Fuchs, Cosan
Fuchs Petrolub SE and Cosan’s lubricant production and distribution arm – renamed Moove last year – reported increased profits and sales for 2016....read more
 
Lube Report – February 15, 2017
Gazprom Lube Sales Flat in 2016
Gazpromneft-Lubricants sold 353,000 metric tons of finished lubricants in 2016, barely more than its sales of 351,000 tons in 2015...read more
 
Lube Report Asia – February 14, 2017
Japan’s Base Oil Exports Surged in 2016
Japan’s base oil exports surged 21.5 percent last year as production and imports increased and domestic demand continued to shrink, according to figures released by the Ministry of Economy, Trade and Industry...read more
 
Lube Report – February 15, 2017
U.S. Aftermarket Benefits from Growing Fleet
Registrations for light vehicles – including cars, light trucks, SUVs and crossover SUVs – in the U.S. reached a record level of more than 264 million in 2016, up 2.4 percent from 2015, according to IHS Markit...read more
 
Lube Report Asia – February 14, 2017
China Market to See Slow Decline
China’s lubricant market, which grew more than any other in the world for a decade, is forecast to shrink by an average of 0.4 percent annually over the next four years...read more 
 
Lube Report – February 15, 2017
Automotive Drives U.S. Synlube Growth
Demand for synthetic engine oils in the United States is forecast to grow 5 percent per year to 148 million gallons by 2020, with a market value of $2.2 billion, according to a new study by Freedonia Group...read more
 
Lube Report Asia – February 14, 2017
SE Asia’s Auto Sales Up, Moto Sales Down
Led by double-digit growth in Singapore, the Philippines and Vietnam, automobile sales in Southeast Asia increased 3 percent last year while the region’s two-wheeler sales marginally declined, according to ASEAN Automotive Federation data released last week...read more
 
Lube Report – February 15, 2017
Enterprise to Expand Isobutylene Production
Enterprise Products Partners plans to construct a new isobutane dehydrogenation plant in Texas with capability to produce 425,000 tons per year of isobutylene. Isobutylene is a building block for polyisobutylene (PIB), which is used as a chemical intermediate in the manufacturing of lubricant additives and as a base stock in lubricants....read more
 
Lube Report – February 8, 2017
Lube Blend Plant Opened In Azerbaijan
Lubricant maker Technol last week opened a 50,000 metric tons per year blending plant located in Azerbaijan, calling it the first blending plant in the South Caucasus region...read more
 
Lube Report Asia – February 7, 2017
Japan’s Ever Chemical Launches JV in Indonesia 
Ever Chemical Industry Co., a Japanese metalworking fluids manufacturer, will start production in Indonesia this year as part of a joint venture with local firm Tjokro Group, a source familiar with the deal told Lube Report Asia...read more
 
Lube Report – February 8, 2017
KMG Acquires Valve Specialist
KMG Chemical Inc. acquired Sealweld for $17.4 million, declaring that the Canada-based valve specialist will help to expand its industrial lubricant offerings...read more
 
Lube Report Asia – February 7, 2017
China's Auto Sales, Production Highest Ever
China produced a record 28 million automobiles in 2016, according to official data released last month. The number of units sold hit 28 million as well, also surpassing previous highs. The growth – which experts attribute to the government’s pro-consumption tax policies – is expected to continue this year...read more 
 
Lube Report – February 8, 2017
More Finished Lube Price Hikes 
Valvoline and BP Castrol notified U.S. customers of finished lubricant price increases that take effect in March, citing rising costs for raw materials, packaging and transportation...read more
 
Lube Report Asia – February 7, 2017
Indonesian Players Direct Loans to Distributors
Indonesia’s Pertamina Lubricants and PT Shell Indonesia have established credit and payment agreements with domestic banks to strengthen distributors’ cash flow management and to spur sales...read more
 
Lube Report – February 8, 2017
Q4 Earnings Wrap-up
Afton Chemical, S-Oil and BP’s lubricants business each posted higher fourth quarter profits, while SK Lubricants’ profits were down, all compared to the last quarter of 2015...read more
 
 
Lube Report – January 25, 2017
Baerlocher Expands Metal Soap Production
Baerlocher USA announced earlier this month that it will add a third reactor to its Cincinnati, Ohio, plant to keep up with growing demand from the North American polyolefin and polyvinyl chloride industries. The new reactor, which is set to be fully operational by June 2017, will increase production capacity of calcium, zinc, sodium and other metal soaps by 50 percent...read more
 
Lube Report Asia – January 24, 2017
GS Caltex to Produce Lubes in China
South Korean refiner GS Caltex will invest around U.S. $30 million to build a 210,000 metric tons per year lubricants blending facility in Tianjin, China, scheduled to start operation in 2018...read more
 
Lube Report – January 25, 2017
More Finished Lube Price Increases
ExxonMobil, Chevron, Cam2 International and Omni Specialty Packaging notified U.S. customers of upcoming price increases on finished lubricants that go into effect in February and March. Factors cited included rising base oil prices and costs of other raw materials related to manufacturing, distribution and packaging...read more
 
Lube Report Asia – January 24, 2017
Fire Erupts at TonenGeneral’s Base Oil Refinery
A large fire broke out Sunday in the base oil plant at TonenGeneral Sekiyu K.K.’s refinery in Arida city, Wakayama Prefecture in western Japan. The company said it was still working to determine the extent of damage and length of disruption for production. No injuries were reported...read more 
 
Lube Report – January 25, 2017
LSC Acquires Vistone from Infineum
Lubricating Specialties Co. recently acquired the Vistone product line and associated business from Infineum USA L.P. The transaction, which closed Dec. 30, included Vistone’s compressor fluid brand, a detergent additive for aviation lubricants, and a viscosity modifier used in a variety of industrial lubricant and grease formulations. The price of the transaction was not disclosed...read more
 
Lube Report Asia – January 24, 2017
Korea Eradicates Idle Blenders
The South Korean government has moved to eliminate more than half of all registered domestic lubricants manufacturers in an effort to weed out non-operating and illegitimate businesses. Blenders pegged for closure were given 90 days from the November notice to verify their legitimacy and remain open...read more
 
Lube Report – January 25, 2017
Evonik Buys Stake in Nanotechnology Firm
Evonik Industries announced today that it acquired a minority stake in Nanotech Industrial Solutions, placing a bet that nanotechnology will become an important tool in the lubricant additive toolbox...read more
 
Lube Report – January 18, 2017
Survey Spotlights Ukraine, Kazakhstan Markets
Ukraine consumed 136 million liters and Kazakhstan consumed 42 million liters of engine oils for on-road vehicles in 2015, according to Moscow consultancy Autostat, which surveyed the two countries for the first time...read more
 
Lube Report Asia – January 17, 2017
Ogistar Eyes New Listing, New Segments
In August, GTS Group, a Liaocheng, Shandong province-based chemical producer and the owner of the lube brand Ogistar, delisted itself from the London Stock Exchange, which it joined in 2014. Now it looks toward possibly listing again on another exchange and to upping sales in the short term...read more
 
Lube Report – January 18, 2017
Brazil Raises Minimum Oil Standard
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels raised the minimum performance levels for lubricants sold in Brazil, effective from the end of 2016, requiring them to meet API SL, API CH-4 or corresponding international standards...read more
 
Lube Report Asia – January 17, 2017
Japan Allows Hydraulic Fluid Exports
Japan removed hydraulic fluids, mainly silahydrocarbon oils, from the Export Trade Control Order list of goods, opening the way for exports to begin Jan. 7...read more 
 
Lube Report – January 18, 2017
Shell to Hike Finished Lube Prices
Shell notified U.S. customers this week that prices for its finished lubricants will generally increase by up to 5 percent effective Feb. 20. The company attributed the adjustment in part to increasing costs of raw materials used in the production and delivery of its products...read more
 
Lube Report Asia – January 17, 2017
Tianhe Perceives End of Two-year Probe
Having resolved internal control concerns raised by its auditor’s recently concluded review, Tianhe Chemicals Group said it is ready to resume trading on the Hong Kong Stock Exchange after nearly two years of suspension...read more
 
Lube Report – January 18, 2017
Nigeria’s Double Licensing Dilemma
A turf spat between government agencies has lubricant blenders in Nigeria doing double the paperwork and paying double the fees...read more
Lube Report – January 11, 2017
Brazil's Shifting Lubricant Market
Though demand for finished lubricants in Brazil has steadily declined since its peak in 2013, the country can expect modest growth during late 2017, said Ricardo Mussa, chief executive officer at Cosan Lubricants....read more
 
Lube Report Asia – January 10, 2017
Group III Priced to Sell in India
A new supplier is offering reduced prices to try to win Group III base oil customers in India. Industry insiders say such practices could accelerate the subcontinent’s uptake of that grade...read more
 
Lube Report – January 11, 2017
Gazprom Neft Grows Foothold in South Caucasus 
Gazpromneft-Lubricants is bolstering its foothold in Georgia’s lubricant market as a stepping stone to expansion in nearby countries...read more
 
Lube Report Asia – January 10, 2017
China's Amer Lays Plans for New Plant
After opening its first overseas facility in Vietnam in October to supply clients in Southeast Asia, Dongguan-based metalworking fluids maker Amer will invest over ¥300 million (U.S. $43.3 million) to build a new blending plant in the port of Humen, in Dongguan, Guangdong province...read more 
 
Lube Report – January 11, 2017
Synthetics Expected to Grow
Global demand for all lubricants has been projected to rise slowly in coming years, but industry sources forecast significantly faster growth for synthetic and semi-synthetic products...read more
 
Lube Report Asia – January 10, 2017
China's Emissions Norm Goes Nationwide
China implemented National V fuel emissions standard nationwide last week. Lubricant additive supplier Infineum International called it a reminder that tighter regulations will intensify automaker demands for low-viscosity motor oils compatible with emissions control systems...read more
 
Lube Report – January 11, 2017
Inolex's Lexolube Division Acquired
Zschimmer & Schwarz announced last week the acquisition of Inolex’s Lexolube division, whose synthetic esters are used primarily in industrial lubricants, and said it is building another esterification plant to increase its own production capacity by more than 50 percent...read more
Lube Report – January 4, 2017
Oil Remains Lead Energy Source
Global energy demand in 2040 will be 25 percent higher than in 2015, with oil, natural gas and coal still accounting for 77 percent of total consumption, according to the 2017 edition of ExxonMobil's annual energy outlook. Average fuel economy of new cars worldwide is expected to rise from 30 miles per gallon in 2015 to close to 50 mpg in 2040...read more
 
Lube Report Asia – January 3, 2017
Handi Inks Plan for China's Largest Base Oil Plant 
Hainan Handi Sunshine Petrochemical Co. signed a deal with the Bank of China and Yangpu, Hainan province government agencies last week to advance its plan to increase its annual capacity by more than 1.5 million metric tons of API Group II/III feedstocks at what will be China’s largest base oil plant...read more
 
Lube Report – January 4, 2017
Group III: The Big Rigs' Next Big Thing? 
As environmental regulations and stricter fuel economy mandates continue to stack on truck manufacturers, API Group III base oils are increasingly catching the attention of heavy-duty diesel engine oil formulators to bring high-performance finished lubes to fleet operators...read more
 
Lube Report Asia – January 3, 2017
Chinese Suppliers Struggle to Build Brands
Many Chinese lubricant suppliers spend considerable time trying to figure out how to develop a successful brand in the country's highly homogeneous market. According to speakers at a recent industry forum in Xi’an, there are few shortcuts to that goal, as effective strategies require time and resources...read more 
 
Lube Report – January 4, 2017
Oats Acquired by HaynesPro
Haynes Publishing Group, known best for its owner’s workshop manuals, recently acquired Oats Ltd., a technology business that provides lubricant information and recommendations to equipment operators...read more
 
Lube Report Asia – January 3, 2017
Moresco Sets Up Shop in India
Japan-based Moresco is expanding its market in Asia with a new subsidiary in India this month to manufacture and sell industrial lubricants, the company said in a press release...read more
 
Lube Report – January 4, 2017
Rosnef Lubes Soared in 2015
Russian oil major Rosneft produced 779,000 metric tons of base oils, finished lubricants and additives combined in 2015, 6 percent more than the year before, solidifying its position as the second-largest lubricant marketer in Russia, according to the company’s annual report...read more
Lube Report – December 28, 2016
Pearl GTL Plant Hobbled
Shell announced last week that its joint venture Pearl gas-to-liquids plant in Qatar is operating at a reduced rate of production due to unforeseen maintenance required on some or all of the plant’s 18 gasifier units. A representative said that the problem is expected to reduce the amount of product available for sale in 2017...read more
 
Lube Report Asia – December 27, 2016
Chinese Blender Opens Facility in Ma'anshan
Jin Xue Chi, an Urumqi-based lubricant producer, recently opened a ¥200 million (U.S. $28.7 million) blending facility in Ma’anshan city, Anhui province, with capacity of 150,000 metric tons per year...read more
 
Lube Report – December 28, 2016
Russian Base Oil Refiners Push to Modernize
Russian base oil producers are aiming to add around 1 million metric tons per year of API Group II and III capacity by 2020, according to VNIPIneft, a Moscow-based research and design institute in the refining industry...read more
 
Lube Report Asia – December 27, 2016
Industry Investment May Drive Indonesia's Demand
China National Offshore Oil Corp. has begun making base stocks at its fuels and petrochemical refinery in Taizhou, China. The new plant has capacity to make 400,000 metric tons per year of paraffinic API Group II-plus oils and 200,000 t/y of naphthenic oils...read more 
 
Lube Report – December 28, 2016
Energy Reform Aids Mexican Market
Many attending the Auto-Oil Advisory Panel meeting earlier this month in Orlando, Florida, were braced for unpleasant news, but the reality was still sobering: The panel heard in depth why it may take until May 2019 to bring the ILSAC GF-6 engine oil upgrade to market...read more
 
Lube Report Asia – December 27, 2016
Asia to Dominate Coming Decades' Energy Increases
Global energy demand will climb 25 percent by 2040, with the Asia-Pacific region leading the charge and China and India collectively accounting for nearly half of that growth, according to ExxonMobil’s annual forecast...read more
 
Lube Report – December 28, 2016
Rising Middle Class Boosts African Markets 
Key drivers for growth of automotive lubricant consumption in Nigeria and South Africa include rising prominence of the middle class population, a subsequent increase in vehicle sales, and the growth of industrialization in the two countries, according to market research firm Frost & Sullivan...read more
Lube Report – December 21, 2016
Chevron Invests in Novvi
Chevron made an equity investment into Novvi LLC – a joint venture of Amyris Inc., Cosan S.A. and American Refining Group – to gain access to biobased base oils. Terms of the transaction were not disclosed...read more
 
Lube Report Asia – December 20, 2016
Idemitsu Buys 31 Percent of Showa Shell
Idemitsu Kosan Co. closed a ¥159 billion (approximately U.S. $1.4 billion) acquisition of 31.3 percent of fellow Japanese refiner Showa Shell Sekiyu K.K. yesterday upon antitrust clearance, granting it a stake just shy of its original one-third target...read more
 
Lube Report – December 21, 2016
Economic Challenges Slow Eastern Europe
Eastern Europe’s lubricant demand stalled during the past few years due to adverse economic conditions, according to an industry insider...read more
 
Lube Report Asia – December 20, 2016
CNOOC Opens Base Oil Plant
China National Offshore Oil Corp. has begun making base stocks at its fuels and petrochemical refinery in Taizhou, China. The new plant has capacity to make 400,000 metric tons per year of paraffinic API Group II-plus oils and 200,000 t/y of naphthenic oils...read more 
 
Lube Report – December 21, 2016
GF-6 Faces Two-year Lag 
Many attending the Auto-Oil Advisory Panel meeting earlier this month in Orlando, Florida, were braced for unpleasant news, but the reality was still sobering: The panel heard in depth why it may take until May 2019 to bring the ILSAC GF-6 engine oil upgrade to market...read more
 
Lube Report Asia – December 20, 2016
GHS Deadline Looms in Australia
Australia’s Jan. 1 deadline to comply with a global system of chemical labeling requirements has some of the market's lube traders scrambling to prepare...read more
 
Lube Report – December 21, 2016
Afton to Acquire Mexican Additives Firm
Afton Chemical Corp. entered into a contract to acquire Mexico City-based lubricant additive manufacturer and distributor Aditivos Mexicanos, S.A. ...read more
Lube Report – December 14, 2016
Europeans Develop Sustainablity Standard 
The concept of business sustainability – which has gained increasing traction in recent years – is beginning to take shape for the lubricant industry in Europe...read more
 
Lube Report Asia – December 13, 2016
India and China Drive MWFs Growth 
Global consumption of metalworking fluids will swell in coming years as increased industrialization in Asia-Pacific boosts the region’s share to nearly half of the market and India sets to outpace China’s manufacturing growth by 2020, a recent report forecast...read more
 
Lube Report – December 14, 2016
Solid Pay for Lab Managers 
Laboratory and research and development managers reap the rewards for providing the formulations that keep a lubricants business going, averaging $133,800 in compensation this year, an exclusive survey conducted by Lubes’n’Greases magazine found...read more
 
Lube Report Asia – December 13, 2016
Handi Lubricant Reveals Ambitious Plans
A year after Chinese refiner Hainan Handi Sunshine Petrochemical Co. launched a finished lubricant marketing firm, Handi Lubricant Technology, the subsidiary’s leadership has an ambitious goal: join the ranks of China’s three massive national oil companies...read more 
 
Lube Report – December 14, 2016
GF-6 May Be Delayed to 2019
LSAC GF-6, the passenger car engine oil upgrade now under development, has slipped behind schedule again and may not get its commercial launch until May 2019, a meeting in Orlando, Florida, heard last week...read more
 
Lube Report Asia – December 13, 2016
PetroVietnam to Merge Blending Ops
Vietnam’s PV Oil Lube will double its production capacity in Ho Chi Minh City by upgrading its plant there and integrating relocated blending equipment from its Haiphong operations...read more
 
Lube Report – December 14, 2016
Gazprom to Build Lube Plant in Europe 
Russian oil major Gazprom Neft said Monday it will set up new lubricants production in Western or Central Europe to reduce the growing volumes being shipped from Russia...read more
Lube Report – December 7, 2016
Avista Rerefinery Making Group III
Used oil rerefiner Avista Oil is now making API Group III base oil at its plant in Peachtree City, Georgia, ratcheting up volumes to about a quarter of its base oil capacity and laying plans to double it in 2017...read more
 
Lube Report Asia – December 6, 2016
Tongyi Treads New Ground without Shell
Tongyi Lubricants CEO Li Jia had a fruitful journey to the United States recently. The trip saw Tongyi gain rights for domestic sales of an American brand – an endeavor that exemplifies some of the strategies the Chinese blender has employed in the year since it was divested from its former majority shareholder, Shell...read more
 
Lube Report – December 7, 2016
ACEA 2016 Boosts Oil Performance
Licensing began last week for the latest engine oil specifications from Europe’s auto industry – a long-awaited update that significantly raises lubricant performance in several areas...read more
 
Lube Report Asia – December 6, 2016
Total Begins Producing Grease in China
French oil giant Total Lubricants opened a grease production plant in Tianjin, China, Friday – its first in the Asia-Pacific region...read more 
 
Lube Report – December 7, 2016
CEP, Saudi Venture to Build Rerefinery
Gulf Solvents of Saudi Arabia contracted Chemical Engineering Partners to build a 155,000 metric tons per year rerefinery in Hail City to produce API Group II and III base oils...read more
 
Lube Report Asia – December 6, 2016
Asia Dominates White Oils DemandAsia-Pacific demands more white oils than any other region, according to an industry consultancy, due to China being the world's largest consumer of the base oil-derived products and India remaining a key market...read more
 
Lube Report – December 7, 2016
Dutch Firm Builds Rwanda Blend Plant
Netherlands-based VPS Lubricants will start blending lubricants in Rwanda in the first quarter of 201...read more
Lube Report – November 30, 2016
Forecast Sees Slim Lube Demand Growth
Global lubricant demand – including process and marine oils – is expected to increase at a compound annual rate of less than 1 percent, to 40 million metric tons by 2020, according...read more
 
Lube Report Asia – November 29, 2016
China's Appetite Whet for Food-grade Lubes
Despite lackluster economies and political uncertainty that has hindered key countries, lubricant demand in Latin America and the Caribbean is expected to rise a total of 5.4 percent by 2020...read more
Lube Report – November 30, 2016
API CK-4, FA-4 Diesel Engine Oils Available Dec. 1
Diesel engine oils meeting the American Petroleum Institute’s new standards, API CK-4 and FA-4, began appearing in the marketplace Dec. 1, bearing API’s trademarks for those...read more
Lube Report Asia – November 29, 2016
Synthetics Forecast to Lead Asia's Lube Growth
Asia-Pacific's synthetic lubricants demand will expand at a compound annual rate of more than 6 percent to 2020, with Japan and South Korea leading the region in market...read more
Lube Report – November 30, 2016
Expanded Calumet Plant Blends for Castrol
Calumet Specialty Products said it will begin blending Castrol motor oils for BP Lubricants USA at Calumet's newly expanded blending and packaging facility in Shreveport, Louisiana...read more
Lube Report Asia – November 29, 2016
Stagnant 2017 Forecast for South Korea
South Korea’s lubricant consumption increased marginally in 2016 but is not likely to show any growth in 2017, the Korea Lubricating Oil Industry Association said last week
...read more
Lube Report – November 30, 2016
Russia Car Sales to Rebound in 2018
Russia’s passenger car and light commercial vehicle parc could increase from 45 million units in 2015 to around 50 million in 2020, riding a projected economic rebound...read more
Lube Report Asia – November 22, 2016
Cycle, Car Sales Steer India’s Growth
Lubricant demand in India is projected to rise 4.3 percent this year, according to Kline & Co., with strong growth for passenger car and two-wheeler lubes more than offsetting flat...read more
Lube Report– November 23, 2016
Rerefining Targets Proposed in Europe
Rerefiners have asked the European Union to adopt volume targets in each member state for used oil collection and rerefined base oil production...read more
 
Lube Report – November 23, 2016
Lubes Recovery Forecast in Latin America
Despite lackluster economies and political uncertainty that has hindered key countries, lubricant demand in Latin America and the Caribbean is expected to rise a total of 5.4 percent by 2020...read more
 
Lube Report Asia – November 22, 2016
Palm Prices Cause Malaysia to Balk on B10
Shell now produces nearly 100 products, including marine lubricants, from its almost one-year-old, 120,000 metric tons per year blending plant in Jakarta, Indonesia...read more
Lube Report – November 23, 2016
Lube Sales: Where the Money Is
What do sales and marketing managers at U.S. lubricant companies earn? According to an exclusive survey conducted by Lubes’n’Greases magazine, they average $140,400 a year...read more
 
Lube Report Asia – November 23, 2016
Mol to Invest More in Base Oils by 2021
Mol plans to upgrade and/or expand its base oil plant in Szazhalombatta, Hungary, as part of a five-year capital investment program but it did not reveal details...read more
Lube Report Asia – November 22, 2016
Marine Market Dries Up in Sri Lanka
Sri Lanka’s demand for marine lubricants plummeted last year, and some observers blame high import duties for driving up local costs and steering shipowners to ports in other countries...read more
 
Lube Report – November 16, 2016
Will German Demand for Industrial Lubes Shrink?
Germany’s demand for several categories of industrial lubes will probably shrink in coming years due to shifts in the global economy and greater use of higher-performing...read more
 
Lube ReportNovember 16, 2016
Steady Growth for Wind Energy Lubes
Lubricant demand for wind turbines 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...read more
Lube Report Asia – November 15, 2016
OEM Tie-ups Offer Foot in Door
Despite low margins, tie-ups with original equipment manufacturers are popular with lubricant marketers because of the chance to build brands and grab market share...read more
 
Lube Report Asia – November 15, 2016
Shell Lowers Anchor on Indonesian Marine Oils
Shell now produces nearly 100 products, including marine lubricants, from its almost one-year-old, 120,000 metric tons per year blending plant in Jakarta, Indonesia...read more
Lube Report – November 16, 2016
LSC Grows in Jamaica
Less than two years after opening its first blending plant in Jamaica, Lubricating Specialties Co. entered an agreement to operate another plant near the capital city, Kingston...read more
 
Lube Report Asia – November 15, 2016
Will China's Cargo Limit Lift Lubes
Lube marketers in China disagree about whether a ban on overloading transport vehicles will lead to higher demand for heavy-duty diesel engine oils...read more
Lube Report Asia – November 15, 2016
Profits Jump at Balmer Lawrie, GP
Balmer Lawrie’s greases and lubricants segment recorded a 17 percent increase in operating profit in its second quarter, and blender GP Petroleums’ profit nearly doubled...read more
Lube Report – November 9, 2016
Fire Destroys Lube Warehouse in Kyrgyzstan
A fire devastated a motor oil warehouse in Bishkek, the capital city of Kyrgyzstan, the country’s emergency situation ministry reported...read more
Lube Report AsiaNovember 8, 2016
Wind Energy Propels Lube Demand
Asian countries, in particular China, are fueling rapid growth in the wind energy industry and creating opportunity for lubricant suppliers, a consulting firm said last week...read more
Lube Report – November 9, 2016
Ford Shuns New API Heavy-duty Oils
In a surprise move, Ford has issued a new diesel engine oil service fill specification, WSS-M2C171-F1, covering all Ford diesel engines. This specification specifically disallows the use of API CK-4 and FA-4 categories, which were adopted by the auto and lubricant industries earlier this year...read more
Lube Report Asia – November 8, 2016
Tianhe's Forensic Auditor Gives Thumbs Up
A forensic accountant hired to investigate questions raised about Tianhe Chemicals’ 2014 financial records found no fraud or accounting irregularities, the company reported last week...read more
 
Lube Report – November 9, 2016
Nyco America Establishes New U.S. HQ Facility
Nyco America, an operating subsidiary of French specialty lubricants maker Nyco Group, has established a major new headquarters with manufacturing and warehousing operations at a site near Atlanta...read more
Lube Report Asia – November 8, 2016
Idemitsu Consolidates Chiba Management
Idemitsu Kosan Co. reported a 5.6 percent increase in lube sales in the first half of its fiscal year and announced that it will merge management offices at its oil refinery and base oil facilities in Chiba, eastern Japan...read more
Lube Report – November 9, 2016
Wichita JV Launches, Plans Blending Plant
Lubrication Engineers Inc. has begun planning a U.S. $35 million manufacturing facility near its headquarters in Wichita, Kansas, with joint venture partner Kyodo Yushi USA Inc...read more
Lube Report – November 9, 2016
Q3 Earnings Summary
Ashland’s Valvoline segment posted increased operating income, Calumet Specialty Products Partners posted a net loss, Fuchs reported higher net income and Clean Harbors made more money on rerefined and blended products, compared to a year earlier...read more
Lube Report – November 2, 2016
HollyFrontier to Buy Petro-Canada Lubes Biz
HollyFrontier’s acquisition of Suncor Energy’s Petro-Canada lubricants business for CA $1.1 billion (U.S. $845 million), announced Monday, will diversify HollyFrontier’s base oil portfolio to include API Group II and III base oils and also make it a prominent player in the finished lubricants market...read more
Lube Report Asia– November 1, 2016
Asia’s Chemical Regulation Policies in Flux
Several countries in Asia are changing their approach to evaluating and restricting chemical substances, according to a global trade expert who recently summarized the situation for importers at an industry conference in the United States...read more
 
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