Vertex Energy agreed to
buy Omega Holding’s rerefining assets, including a used oil collection
network, two facilities in Louisiana, the Bango Oil rerefinery in
Nevada, and Cam2 International’s lube oil blending plant in California,
for nearly $50 million in cash, stock and assumed liabilities.
A coalition that includes
ILMA, the American Chemistry Council and rerefiner Safety-Kleen oppose
a bill to mandate that motor oils sold in California after Jan. 1,
2017, have at least 25 percent “biosynthetic” content.
Eastman Chemical plans to
expand capacity for 2-ethylhexanol – used in lube additives – in late
2014, and Oxea started basic engineering for a 2-EH and propanol unit.
Both projects are planned at sites in Texas.
Shell yesterday opened an 8,600
square meter, nine-story lubricants and oils technology center in
Shanghai, China. Umongo
Petroleum Additives will distribute Chevron’s
base oils in South Africa and Sub-Saharan Africa. Paris,
France-based specialty lubricants and synthetic esters manufacturer Nyco will
open a new office in Panama.
Last week’s article about
the impact on lubricants of low speed pre-ignition said researchers
found that “higher viscosity PAO showed higher LSPI.” Ken Hope of
Chevron Phillips Chemical Co. pointed out that this reference is
comparing 8 cSt PAO to 4 cSt PAO.
markets continue to thrive, and space is often scarce. Meanwhile the
U.S. seems incapable of assembling sufficient export cargoes to fill
even the moderate amount of open tonnage in the U.S. Gulf. Asian
export is busy, but domestic Asia is slow.–by Adrian Brown