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
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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
Shell said it aims to finish separating the assets of U.S. joint venture Motiva by April 1. The Motiva base oil plant in Port Arthur, Texas, would go to partner Saudi Aramco. British Columbia-based Klondike Lubricants expanded its distribution network to Atlantic Canada, which it services from a new warehousing center in Moncton, New Brunswick. TBC sold SpeeDee Oil Change & Auto Service, which has more than 100 shops across the United States, to automotive maintenance franchisor Grease Monkey. Michael McHenry joined metalworking fluids supplier Master Chemical as CEO. Intertek expanded grease testing capabilities at its site in Farnborough, United Kingdom.