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By George Gill • March 19,
2014
Orbit brand motor oil and
transmission fluid can cause damage to car engines and automatic
transmissions, the Petroleum Quality Institute of America said, recently
issuing “Don’t Buy” alerts for both products.
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By Nancy DeMarco • March 19,
2014
Growing concerns about the
engine-destroying effects of low speed pre-ignition, likely caused by
droplets of oil and fuel mixed together and auto-igniting in the combustion
chamber, are pushing automakers and lubricant and fuel formulators to seek
solutions.
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By Lam Lye Ching • March 19,
2014
Indonesia’s state energy
company, Pertamina, announced last week it will build a lubricant blending
plant and a grease plant in Jakarta. The blending plant will be the
company’s third and largest such facility.
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By Richard Beercheck • March
19, 2014
Reducing production costs is
the major driver for biolubes market growth, with legislation that mandates
biolube usage a close second, two industry consultants agreed.
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By George Gill • March 19,
2014
Newly formed Next Generation
Energy Logistics will work with equity firm Riverstone Holdings LLC to
acquire and consolidate lubricant and fuel distributors.
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March 19, 2014
Hamburg, Germany-based Helm will
handle global marketing and distribution of castor oil to be produced in
Mexico by BioFields
starting in 2015. Universal
Lubricants opened a 12,000-square-sq. ft. distribution
center in Baton Rouge, La. Calulo
Services acquired 70 percent of the shares of Cape Town,
South Africa-based Orbichem
Petrochemicals, which distributes and markets base oils,
white oils and specialty products.
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Base Oil Reports
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SSY Base Oil Shipping Report
Adrian Brown is away.
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U.S. Base Oil Price Report
Although U.S. producers have
held back from following Chevron’s lead in raising posted base oil
prices, there is plenty of talk of other measures that may be implemented
in order to achieve similar results.–by Gabriela Wheeler
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EMEA Base Oil Price Report
The base oil market has
adopted a wait-and-see response to the Crimean situation. Base oil price
changes appear to be on hold, with few further increases after the flurry
of activity over the last couple of weeks in Europe.–by Ray Masson
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