Home April 19, 2017

April 19, 2017

Volume 17 Issue 16

U.S. Base Oil Price Report

Motiva, Flint Hills Resources, Chevron and Avista Oil joined ExxonMobil and Kleen Performance Products in a round of posted price increases initiated last week.On April 14, Motiva increased its API Group II Star 4 (105 SUS) and its Star 12 (600 SUS) oils by 10 cents per gallon and marked up its Star 6 (220 SUS) grade by 12...

EMEA Base Oil Price Report

As Easter holidays took up trading days, sentiment for base oil markets throughout Europe, the Middle Eastern and Africa was described as firm with supply still tight nearly across the board. Trading was quiet, with much attention focused on geopolitical events.Crude and feedstock levels appear to have hit the buffers. Dated deliveries of Brent crude fell back to $54.80...

SSY Base Oil Shipping Report

Adrian Brown is away. His column will reappear next week.

Briefly Noted

Elevance Renewable Sciences announced thatChemtura obtained global rights to develop, derivatize, manufacture, use and sell products incorporating the Elevance Aria WTP technology in lubricant applications under a licensing agreement. The technology aims to combine the benefits of synthetic esters and polyalphaolefins into a single molecule. Todd Cawley joined American Refining Groups sales team as its global business development manager.

Exceptions to be Made in Oil Ban

A California agency is working to adopt regulatory language on a law prohibiting the sale of any engine oil deemed obsolete by the American Petroleum Institute. As requested by lubricant manufacturers, regulators are considering exceptions for valid uses for obsolete oils.The new law, which was known as assembly bill 808 before it went into effect in January 2016, prohibits...

Production Resuming at Pearl

Repairs have begun at the Pearl gas-to-liquids refinery in Ras Laffan, Qatar, and operators have started to resume production - a process that could last at least a few months, Shell said.The Pearl refinery includes one of the worlds largest base oil plants, a facility with capacity to make 1.4 million metric tons per year of API Group II...

Nigerian Agency Nabs Counterfeiters

The Standards Organization of Nigeria arrested a lubricant counterfeiting syndicate in a town near the countrys capital city of Abuja, an agency spokesman told Lube Report.Osita Aboloma, director-general of the agency, had previously explained to local media that the syndicate operated by using discarded lubricant containers for packaging fake and substandard lubricants, which it sold to lubricant consumers. The...

U.S. Retail Sales Lag Ad Spend

Less than half of do-it-yourself consumers report purchasing motor oil on promotion at auto specialty retailers in the United States, according to a recent study conducted by NPD Group. At the same time, promotional activity for motor oil was up in 2016, with 14 percent more in-store circular motor oil advertisements compared to 2015.The biggest surprise for me was...
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