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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

Tough Times Drag Down Eastern Europe

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Eastern Europe’s lubricant demand declined 0.5 percent from 2015 to just slightly above 3 million tons in 2016, hindered by economic problems in Russia and Ukraine, according to German lube manufacturer Fuchs Petrolub SE. Read More

Slavneft to Stream Group III in April

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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

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

Briefly Noted

Azelis will distribute industrial additive manufacturer Elco’s products for the lubricants and metalworking fluids market in Germany, Austria, Switzerland, Greece and Turkey.  Citing escalating costs, Chemtura announced a global price increase for petroleum additives, including detergents and phosphate esters, effective April 1.