Home July 5, 2017

July 5, 2017

Volume 17 Issue 27

U.S. Base Oil Price Report

Trading in the United States was somewhat muted because of a lack of readily available spot cargoes and the absence of participants during the Independence Day holiday week.As has been the case over the last couple of months, API Group I and II producers reported sold-out positions, with very few - if any - spot cargoes to offer.Despite a...

EMEA Base Oil Price Report

API Group I trade has eased back into routine as participants remain wary of large parcel transactions in and out of Europe due to uncertainty in crude and feedstock markets.After a 10-month low last week, crude prices made a rapid comeback, with dated deliveries of Brent crude at $49.70 per barrel for September front month settlement, and West Texas...

SSY Base Oil Shipping Report

The U.S. market is on a more even keel, with a few routes even showing strength. European short-sea business has been active, but deep-sea has been slow. Asia is mixed, with some routes up and others down.U.S. GulfRates to the Far East continue to trend upwards on the back of healthy demand and a limited number of July positions...

EPA Shifts Course on Chlorinated Paraffins

The U.S. Environmental Protection Agency entered into consent orders that allow three companies to manufacture and import a wide range of chlorinated paraffin substances, including medium-, long- and very long-chain CPs.This represents a sharp change in direction from the Obama administration. In 2015, the EPA said it was taking steps to ban medium- and long-chain CPs as early as...

GF-6 Timeline Wobbles Again

BOSTON - At last weeks semiannual gathering of ASTM Committee D2, both the Passenger Car Engine Oil and Heavy Duty Engine Oil Classification Panels met here to discuss the status of key industry specifications, starting with the much-delayed ILSAC GF-6 passenger car engine oil upgrade.At the PCEOCP, much of the discussion covered new and legacy engine tests needed to...

Motor Oils in Russia Projected to Recover

MOSCOW - Russian demand for motor oils used by on-road vehicles stagnated the past couple years but is projected to make a slow recovery in 2017, according to a domestic consultancy predicted recently. Addressing an industry conference last month, an official from Autostat said demand has also been flat in Ukraine and Kazakhstan.On-road vehicles in Russia - including passenger...

Tiarco Expands its Dalton Plant

Specialty chemicals company Tiarco is expanding its Dalton, Georgia, chemical production facility, which makes various component chemicals used to manufacture lubricants, the company announced Monday.Construction on the facility began during the first quarter of 2017 and is expected to be completed by the second quarter of next year. The project will increase the plants production capacity by roughly 40...

DuBois Acquires Industrial Lubes Provider

Specialty chemicals manufacturer DuBois Chemicals acquired Blue Star Lubrication Technology, an industrial lubricants provider, the company announced late last month. The financial terms of the deal were not disclosed.DuBois currently supplies specialty chemicals to the manufacturing and transportation industry is North America.Schaumburg, Illinois-based Blue Star focuses on the metalworking, steel, cement and automotive industries. This acquisition marks the addition...

Briefly Noted

Lanxess revised its organizational structure, following its acquisition of Chemtura in April. The lubricant and flame retardant additives businesses were transferred to Lanxesss Additives business unit, while the rubber additives and colorant additives businesses now belong to the Rhein Chemie business unit. Subject to successful conclusion of a lubricants distribution agreement, ExxonMobil Petroleum and Chemical B.V.B.A. in Belgium will...
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