ExxonMobil Chemical opened its
new metallocene polyalphaolefin synthetic lubricant base stock plant at its
Baytown, Texas complex, boosting the company’s global PAO capacity by
50,000 metric tons per year.
A fire last week at Fiske
Brothers’ Toledo, Ohio, lubricants plant resulted in no injuries but caused
approximately $8,000 in damages, according to the local fire department.
Plant operators and fire crews quickly contained the blaze.
Calumet Specialty Products
acquiring Tulsa, Okla.-based Anchor Drilling Fluids USA’s parent company,
ADF Holdings, for $235 million. Houghton International completed
its acquisition of Henkel’s
North American Steel Mill business, including rolling oils, pickle oils,
wet temper fluids and steel mill-specific cleaners. Automotive parts
Kapodistrias & Sons will distribute Castrol
products for BP
Eastern Mediterranean Ltd. in Cyprus.
The U.S. base oils market
was dealt a full house in terms of posted price increases, with a number
of players joining those producers who had stepped out with announcements
earlier this month.–by Gabriela Wheeler
Rising API Group I and Group
II prices throughout the EMEA markets have stabilized at last week’s
levels. Group l supplies from mainland suppliers are still tight, with
Baltic avails still not forthcoming.–by Ray Masson