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January 15, 2020

Volume 3 Issue 3

Petrobras Mulls Additional Lube Production

Brazilian state-run oil company Petrobras is developing a plan to increase lubricant production at its Comperj refinery in the state of Rio de Janeiro, a spokesperson told Lube Report. read more

Vertellus Acquires Additives Producer Bercen

Specialty chemicals manufacturer Vertellus acquired Denham Springs, Louisiana-based Bercen Chemicals, a lubricant additives and alkyl succinic anhydrides manufacturer, the company announced last month. read more

WD-40 Income, Sales Down

WD-40 Co. reported net income of $12.2 million for the quarter ending Nov. 30, down 8.3 percent from $13.3 million in the same period a year earlier. read more

Briefly Noted

Vertex Energy Inc. completed a pilot test program in December required to proceed with phase two of its planned joint venture partnership with San Francisco-based investment firm Tensile Capital. The companies announced last July a JV to accelerate full development of Vertex’s Heartland base oil rerefinery in Ohio, subject to a successful pilot test designed to validate a process by which used motor oil is converted into high purity base oil.

Correction

Early editions of the Jan. 8 article, “ExxonMobil Expands Lubes Plant,” incorrectly identified the facility undergoing expansion as an aviation lubricants plant that opened in 2016. A company spokesperson clarified that the ongoing expansion is taking place at a different facility, the Port Allen Lube Plant, which opened in 1990.