Wednesday, 16 April 2014

Lube Report 16 April 2014

April 16, 2014
Volume 14 Issue 16

Lube Report

Gazprom Neft commissioned the second stage of its lubricant blending production in Omsk, Western Siberia, and confirmed it will soon start construction of an API Group II base oil plant in Serbia.

Carl Bechem GmbH completed acquisition of its joint venture partner’s 50 percent interest in Etna-Bechem Lubricants LLC, resulting in the formation of Bechem Lubrication Technology LLC.

Independents and majors are competing for Nigeria’s growing synthetic lubricants market, as Lubcon International, Forte Oil and Epoxy Oilserv all launched synthetic brands in the past six months.

Warren Oil Co. announced last week it has begun producing and packaging grease at its West Memphis, Ark. plant.

Allor-Plesh will distribute Calumet Specialty Products PartnersRoyal Purple lubricants to the North American steel industry. Indonesian firm National Energy Solutions will distribute Elk Grove Village, Ill.-based BioBlend’s biobased industrial lubricants in Indonesia.

Base Oil Reports

U.S. Base Oil Price Report

The dust appears to have settled in the U.S. base oils market, following a flurry of paraffinic posted price increases implemented between March 5 and April 8.–by Gabriela Wheeler

SSY Base Oil Shipping Report

U.S. markets have seen a slight uptick in volumes on several key routes while Europe and Asia remain mostly unchanged.–by Adrian Brown

EMEA Base Oil Price Report

With less supplies of API Group I grades, European base oil prices continue to firm.–by Ray Masson

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