The processes and committees used to develop engine oil specifications are complex, slow and unbalanced, Lubrizol senior vice president and president of Lubrizol Additives Dan Sheets said in a presentation at the Detroit Advisory Panels 39th Biennial Automotive/Petroleum Industry Forum on April 19. In addition, costs to develop new categories are prohibitive and the result is a minimum lubricant quality level, Sheets said during his presentation, Unlocking Industry Innovation: Time to Change the...

The Eurasian Interstate Council for Standardization, Metrology and Certification recently introduced a new standard for heavy-duty motor oils that will take effect next year in Russia and the Commonwealth of Independent States. Effective Jan. 1 2017, the standard has been issued with a decree by the Federal Agency for Technical Regulation and Metrology, formerly known as Gosstandard or Gost. Photo: Scania Group The Eurasian Interstate Council for Standardization, Metrology and Certification rec...

Abu Dhabis state-owned petroleum products distribution firm will open a lubricants and greases plant by 2022 at Khalifa Ports Khalifa Industrial Zone in the Emirate of Abu Dhabi, United Arab Emirates. Abu Dhabi National Oil Co.s distribution arm signed a land-lease and development agreement with Abu Dhabi Ports this week, according to an Adnoc Distribution press release. The company aims to open the plant in the beginning of 2022 with an annual production capacity of 100,000 metric tons per year...

ABU DHABI, United Arab Emirates – Additive companies are playing an increasingly crucial role in new category development because of their involvement in numerous technical committees according to a leading industry expert. Consultant Geeta S. Agashe, president of Geeta Agashe & Associates LLC, said participation in research with groups including the American Chemistry Council and Technical Committee of Petroleum Additive Manufacturers in Europe provides the additive industry a strong...

Nynas posted an increase in operational cash flow for its naphthenic unit, and Cosan Lubrificantes posted an increase in net revenue in the first quarter, each compared to a year earlier. Nynas Nynas naphthenic business unit, which supplies mostly base oils, reported earnings before interest, taxes, depreciation and amortization of 383 million Swedish krona (U.S. $46.4 million) for the quarter ending March 31 – including 262 million krona in income compensation for a discontinued tolling a...