Volume 3 Issue 13
Flooding: Growing Obstacle to River Transport
March 25, 2020Flooding remains a significant disruptor of barge traffic of base oil on U.S. rivers, and it could worsen in coming years without increased investment in infrastructure.
DuBois to Acquire Cimcool
March 25, 2020Hillenbrand Inc. will sell its Cimcool metalworking fluids business to DuBois Chemicals Inc. for $224 million in cash, under an agreement announced last Friday.
Coronavirus Constricts Lithium Supplier Livent
March 25, 2020Lithium supplier Livent Corp. suspended operations at its two Argentinian facilities this week in accordance with a national mandatory quarantine aimed at containing the spread of Covid-19. Meanwhile, the company suspended all capital expansion work, including a lithium hydroxide project in the United States and a lithium carbonate project in Argentina, according to an announcement Monday.
From Other Editions of Lube Report
March 25, 2020Estimates of EU Group II Imports Criticized
Briefly Noted
March 25, 2020Hydrodec Group confirmed yesterday that following a legal “stay at home” order issued in the state of Ohio in response to the Covid-19 pandemic, the company’s transformer oil rerefinery in Canton continues to operate because it is currently considered covered by the exclusions defined by “essential” infrastructure under the order’s terms.