Home August 16, 2017

August 16, 2017

Volume 17 Issue 33

U.S. Base Oil Price Report

Despite the fact that base oil price adjustments are not entirely unusual towards the end of the summer, a posted price decrease introduced by Motiva this week came as a bit of a surprise to many players.Motiva reduced its API Group II STAR 4 (105 SUS) grade by 5 cents per gallon, its STAR 6 (220 SUS) by 10...

EMEA Base Oil Price Report

Base oil trading in Europe, the Middle East and Africa normally slows this time of year, as many people take off multiple weeks for vacation. The past week, however, saw an unusually large number of deals being worked out, primarily for large parcels of API Group I oils moving from Europe into West Africa.In addition, oddball cargoes are reportedly...

SSY Base Oil Shipping Report

Adrian Brown is away. His column will reappear next week.Adrian Brown is a senior market analyst for chemicals and base oils with SSY Shipbrokers, London, can be reached atfix@ssychems.comor +44 12 0750 7507. Information about SSY can be found atwww.ssyonline.com. In the Houston office,Steve Rosenthalof SSY's Chemical Tanker Department can be reached directly at +1 (713) 652-2700 and Jordi...

API to Work on Supplemental Oil Category

WASHINGTON, D.C. - Meeting here yesterday, the American Petroleum Institutes Lubricants Group voted unanimously to move forward on establishing a supplemental passenger car engine oil category, as requested by the auto industry. In addition to supplying all the protections of current API SN and ILSAC GF-5 products, this as-yet-unnamed supplemental category would immediately help protect turbocharged engines against the...

Puraglobe Outlines Group III Plans

Fresh off its launch of Group III production at its used oil rerefinery in Troeglitz, Germany, Puraglobe outlined its marketing and used oil feedstock collection plans in an interview with Lube Report.Puraglobe President and CEO Andreas Schueppel said in an email that the company performed its Group III start-up in mid-June after an upgrade that converted 50 percent of...

Calumet Expands Bel-Ray Brand

Calumet Specialty Products Partners L.P. will roll out three new Bel-Ray branded product lines for passenger car motor oils, commercial lubricants and industrial lubricants by the first quarter of 2018, replacing some products sold under the Quantum brand, the company announced on Thursday.The new product lines will replace many Quantum brand products, though Calumets more popular offerings - including...

EVs, Hybrids to Modestly Impact Lube Demand

Although the electrification of the global vehicle fleet has the potential to reduce lubricant consumption dramatically, it will remain limited due to different challenges, according to market research firm IHS Markit.A fully electric Tesla Model 3 consumes only 3.6 kilograms of factory fill lubricants over a 10-year period, or 90 percent less than the well-established hybrid of Toyota Prius,...

Cosan Posts Strong Q2 Earnings

Cosans lubricant business segment Moove reported net revenue of 511.5 million Brazilian reais (U.S. $161.4 million) for its second quarter, up 5 percent from the same period last year, thanks to higher sales volume.Lubricant sales volume for the quarter was 83,000 metric tons, a 6 percent jump from last year.In 2Q17 Moove recorded sales volume growth in all markets,...

NLGI Launches Research Grants Program

Last week, the National Lubricating Grease Institute officially launched a research grants program to encourage inquiry into the mysteries of lubricating grease. The NLGI Research Grants Program is intended to stimulate universities and nonprofit institutes to dive into high-level, original research into any aspect of grease.According to the institutes president, David Como of Dow Corning, NLGI is ready to...

Briefly Noted

French oil major Total awarded a renewable, five-year tender contract to Bollore Logistics Zambia for distribution of lubricants from two main Total depots in Lusaka and Ndola to 15 destinations within Zambia in southern Africa.
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