Volume 2 Issue 4
SSY Base Oil Shipping Report
January 22, 2019The European market has produced a little more activity, and Asian space is still fairly busy, apart from the weeks on either side of the lunar holidays. The U.S. market is strong and some freight rates keep increasing.-by Adrian Brown
Shepherd Chemical Expands Additives Facility
January 22, 2019Shepherd Chemical Co., a producer of metal-based lubricant additives, announced a multi-million dollar expansion that could double capacity at its Mirecourt, France, manufacturing facility.
Nigerias State Oil Company to Enter Lubes Market
January 22, 2019State-owned Nigerian National Petroleum Corp. is entering the finished lubricant business, stating that it will commence blending and marketing finished products in the first quarter of this year.
Improving Fuel Economy in Diesel Locomotives
January 22, 2019Just as in automobiles, the lubricants industry is helping to improve fuel economy of trains, partly by reducing viscosity of engine oils.
From Other Editions of Lube Report
January 22, 2019Briefly Noted
January 22, 2019Batley, England-based Duckhams Oil signed an agreement with Ahmad Yar Group to distribute its lubricants throughout Afghanistan. Hans Jensen Lubricators, headquartered in Hadsund, Denmark, appointed Stefan Sletting Nielsen as chief commercial officer. Independent lube manufacturer Fuchs Lubricants appointed Laura Morrey as product developer and manager.
Correction
January 22, 2019An article in the Jan. 8 issue included data about market shares of marine lubricant suppliers, some of which were disputed by one company. Lukoil Marine Lubricants claims to supply 14 percent of global volume lubricants used by the shipping industry, which it estimates to be between 1.9 million and 2 million metric tons per year.