Volume 2 Issue 36

SSY Base Oil Shipping Report

There has been a bit more movement in all regions this week. Rates are however generally flat owing to the large amount of vessel space that still must be covered through the first half of September.-by Adrian Brown

VLS Files Complaint Over Toyota Oil

A watchdog for Europes engine oil market has accused a British supplier of Toyota genuine oils of making false performance claims.

Quaker Houghton to Acquire Norman Hay Divisions

Quaker Houghton announced Aug. 29 that it agreed to acquire the four operating divisions of United Kingdom-based Norman Hay plc for 80 million. This includes the Surface Technology division, which provides dry film lubricant coatings that provide friction control.

Swedish Surfactants Plant Expands

Nouryon announced Aug. 27 that it will double capacity at its surfactants plant in Stenungsund, Sweden, through a 12-million expansion and upgrade scheduled for completion by 2021s first quarter. The expanded plant will produce corrosion inhibitors and surfactants for the lubricants market.

From Other Editions of Lube Report

Briefly Noted

Emirates National Oil Co. will supply lubricants for up to 16 product tankers at Greece-based international trading operator IMS Oils Fujairah and Singapore ports under a memorandum of understanding announced Aug. 28. The partnership also expands Enocs marine lubricants supply network to more than 110 ports in 23 countries.