Home October 18, 2017

October 18, 2017

Volume 17 Issue 42

U.S. Base Oil Price Report

Following several increase initiatives and recent plant outages, the U.S. base oil business strove to resume its usual rhythm, but activity slowed down slightly on Oct. 13-17 as numerous participants convened at the 2017 ILMA Annual Meeting in Orlando, Florida.Supply in most market segments continued to be characterized as tight, both on the paraffinic and naphthenic sides, as several...

SSY Base Oil Shipping Report

There has not been any great change to the markets in the U.S. and Asia this week, but Europe is considered to be a little slower.U.S. GulfThe route into the Far East remains one of the busiest lanes out of the U.S. Gulf. Styrene has induced much of the demand, with traders quoting quantities of between 5,000 tons and...

EMEA Base Oil Price Report

Pricing is relatively stable, apart from a degree of uncertainty in API Group II markets in the wake of the U.S. Gulf Coast storms.With the U.S. governments continuous threats to Iran, and Far East demand picking up, crude oil levels have moved up slightly. Dated deliveries of Brent crude posted at $57.55 per barrel late Tuesday for December front...

Flint Hills to Exit Base Oil Marketing

Flint Hills Resources will cease marketing of base stocks produced at its Excel Paralubes joint venture, leaving partner Phillips 66 to market all of the output from the Westlake, Louisiana, plant, Phillips 66 told Lube Report yesterday.The change is scheduled to take effect Jan. 1. The partners lauded the decision, saying it will give the joint venture greater flexibility...

Most GF-6 Tests Shaping Up

The Sequence IVB may be attracting the lions share of attention, but the ILSAC GF-6 engine oil upgrade also has six other new or replacement engine tests that must be completed before the much-delayed specification can be adopted and brought to market.Fortunately, those tests are near enough to being completed that they appear unlikely to cause delays beyond those...

API Previews SN Plus in Donut Symbol

ORLANDO, Fla. - Kevin Ferrick, senior manager of the American Petroleum Institutes Engine Oil Program, on Monday gave a preview here of how API SN PLUS engine oils may appear in the API donut logo on product labels. Speaking at the Independent Lubricant Manufacturers Associations annual meeting, he said the proposed supplement to API Service Category SN will be...

EU Gives Leaded Alloys Another Reprieve

Suppliers of metal alloys and metal removal fluids can breathe a sigh of relief - for now. The European Commission took another step toward continuing current exemptions on lead levels in alloys of steel, aluminum and copper used in certain classes of electronic and electric products manufactured in the European Union, as well as imported products.The commissions decision relieves...

French Lubes Maker to Acquire Renite

Condat agreed to acquire glass and metal forging lubes company Renite, the company announced earlier this month. Financial terms were not disclosed.Through this expansion, Chasse-sur-Rhone, France-based Condat hopes To increase Condats market share in the glass and forging market lubrication, to extend application fields in North America and strengthen diversification strategy, said Communication Manager Nathalie Vidal.Vidal noted...

ExxonMobil Expands Research Facility

ExxonMobil broke ground on the expansion of its Clinton, New Jersey research facility, the company announced Friday. The expansion, including a new facility for lubricant research and development, is set to be completed in 2019.Included in the facility will be a new engine testing center, a lubricant research and development blend plant and enhancements to existing facilities, according to...
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