LNG Publishing Company

Will Beverina

Recent Articles

IMO 2020 Already Making Impacts

The International Maritime Organization’s 2020 regulations won’t just affect the marine fuels and shipping industries, but is predicted to impact base oil refining as well. In fact, early prognostications on its effects are already starting to take shape.

Tianhe’s 2018 Profits Plunge

Tianhe Chemicals Group reported steep drops in both revenue and gross profit for its lubricant additives segment in 2018, chalking up the decline to increased foreign competition.

Chevron Adds Second Group II Hub in Africa

Chevron established a second API Group II base oil hub in Africa through a distribution agreement with a Moroccan company, extending its coverage of the African market.

Curacao Visits Potential Refinery Partners

Curacao officials are again making rounds with potential partners interested in managing and modernizing the country’s Isla refinery, the government announced last week, almost two months after being spurned by a preferred bidder to take over its operations.

Departures Leave Void in Spec Development

The recent departures of three veteran leaders has left a shortage of experience among the North American collection of committees that develop automotive lubricant specifications. Industry insiders say the loss is serious enough to make the already challenging work even more difficult.

Record Floods Force Distributors to Plan ‘B’

Flooding along the Missouri and Mississippi rivers has forced Midwest lubricant companies to fall back on contingency plans for shipping as railways become submerged, industry insiders said this week.

Fuchs Expands Kaiserslautern Production Site

Independent lubricants manufacturer Fuchs Petrolub SE expanded its operations in Kaiserslautern, Germany, doubling warehouse capacity and creating space to increase production, the company announced last week.

Calumet Profits Rebound in Q4

Calumet Specialty Products Partners posted $18.1 million in net income for 2018’s fourth quarter, much improved from an $83.6 million net loss in the year-earlier period. For the full year, the company had a net loss of $55.1 million, improving from a loss of $103.8 million for 2017.

SK Forecasts Rising Group III Demand

The world’s thirst for API Group III base stocks should continue to grow in coming years, as requirements for light-duty automobiles keep increasing and heavy-duty vehicles become a new source of demand, an official with SK Lubricants said recently.

Lanxess Expands Corrosion Inhibitor Capacity

Lanxess completed a 15 percent expansion to its global production capacity of corrosion inhibition additives, which are used in a number of products – including metalworking fluids and greases – the Germany specialty chemicals company announced last week.

Rotterdam Plant Starts Commercial Production

ExxonMobil announced Thursday that its new base stock plant in Rotterdam has begun commercial production, marking the opening of Europe’s first large-scale API Group II source.

Cosan Caps 2018 with Strong Fourth Quarter

Moove – Cosan’s lubricant production and distribution arm – capped off an auspicious run in 2018 with a strong fourth quarter, increasing revenue and keeping lubricant volumes steady amid lower demand.

Preferred Bidder Ditches Curacao Talks

Curacao’s Isla Refinery is taking a step back in its search for a new manager after its preferred bidder withdrew from negotiations, refinery officials said in a statement last Tuesday.

Asia Forecast to Raise PIB Demand

Polyisobutylene demand in Asia-Pacific currently lags behind North America and Europe, but is expected to take a big leap forward in the next decade, according to consultancy Kline & Co. Driven by growing additive demand and production capacity, Asia-Pacific will lead in PIB demand by 2028.

Researchers Make Base Oils from Non-food Plants

Researchers at a University of Delaware-partnered lab say they have discovered a way to create lubricant base oils from non-food biomass and fatty acids. The team, most of whom are affiliated with the school’s Catalysis Center for Energy Innovation, also claimed the new product could minimize the use of additives due to its customizable properties.