Volume 2 Issue 45
SSY Base Oil Shipping Report
November 6, 2019Certain routes in the United States, Asia and Middle East are showing tangible signs of increased demand, yet there are other routes in those regions that are decidedly flat. Europe has yet to see any real change.-by Adrian Brown
Chile Enacts Recycling Regulation
November 6, 2019Chile enacted a law last week that aims to recycle used lubricants by giving producers and end-users responsibilities to help recover waste oils. One industry insider said it will clear up ambiguous language in previous recycling rules.
Fuchs Lands Chemicals Process Management Firm
November 6, 2019The Fuchs Group acquired Zimmark Inc., a Canadian company offering services in the lubricants and chemicals process management space, effective Nov. 1. Terms were not disclosed.
Safety-Kleen Revenue Up, HollyFrontier Results Mixed
November 6, 2019Clean Harbors Safety-Kleen segment posted an uptick in revenue and waste oil collection, while HollyFrontiers lubricants and specialty products segment posted mixed results for the quarter ending Sept. 30.
From Other Editions of Lube Report
November 6, 2019Briefly Noted
November 6, 2019RelaDyne acquired Richard Oil and Fuel, a lubricant and fuel distributor serving Louisiana. Savant Group named Greg Miller vice president of engineering and new business development. Miller previously served as vice president of operations for the Midland, Michigan-based company, which is a consortium of four individual companies working in the lubricants industry – Savant Labs, Tannas, King Refrigeration and theInstitute of Materials.