Home March 22, 2017

March 22, 2017

Volume 17 Issue 12

U.S. Base Oil Price Report

Following the flurry of price increases that were implemented in the United States during the last couple of weeks, business appeared to have returned to its regular rhythm.As a result of increase initiatives by a vast majority of producers, paraffinic base oil prices within the API Group I category went up by 12 and 15 cents per gallon, depending...

EMEA Base Oil Price Report

API Group I base oil prices are showing a strong tendency to firm after many suppliers reported being unable to cover all inquiries. Some indicated availabilities may improve for April, but with the turnaround season in full swing, short supply may become the norm.Many producers have moved prices upwards, even though crude oil and feedstock costs have fallen back.Brent...

SSY Base Oil Shipping Report

The legacy of lower crude and feedstocks pricing continues to gnaw away at the shipping market. China in particular has decided it has adequate inventory and has cut back on further imports, and the other markets such as Europe and the U.S. are now trying to adjust.U.S. GulfIt has been a quiet week along the U.S. Gulf to Far...

Synthetics Recovering in Russia

After picking up at the start of this decade, the penetration of synthetic lubricants in Russia suffered a setback in 2014. Since then the popularity of those products has begun to recover, and industry insiders say it should grow going forward.Demand for synthetics as a portion of total Russian lube demand, including process oils, peaked in 2013 at 27...

U.S. Aftermarket Engine Oil Sales Edge Up

The total value and number of quarts of motor oil sold in the U.S. automotive aftermarket industry increased 1 percent in 2016, according to retail sales data tracked by NPD Group.Nathan Shipley, director and automotive aftermarket industry analyst for NPD Group, observed that conventional motor oil continues to decline in sales, while full synthetic and high mileage products continue...

Dubai to Curb Illegal Trading

Five government agencies recently joined hands in an effort to curb illegal lubricant trading in Dubai, United Arab Emirates. The group, which was also assisted by state-owned Emirates National Oil Co., is trying to root out engine oils that do not meet the recently adopted minimum standards, API SL and API CH-4.The standards were an update to the nations...

Fuchs Grease Plants Progress

Fuchs new factory in Chicago will produce 29 different specialty greases, and its new plant near Johannesburg, South Africa, will produce a diverse range of greases starting in summer of 2017, according to the companys 2016 annual report.The report said the completed Chicago factory, which is located in the citys Harvey district, is scheduled to open in the first...

Briefly Noted

Eint Automotives parts, lubes and batteries division will distribute S-Oils finished lubricants in Oman. Shell Marine claimed to be the first marine lubricant supplier to receive accreditation under the International Marine Purchasing Associations IMPA ACT Sustainable Maritime Suppliers scheme.
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