September 9, 2015
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Volume 15 Issue 36
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By George
Gill • September 9, 2015
Global lubricant demand –
including process oil and marine engine oil – is projected to grow
about 1.5 percent per year to 42 million tons by 2019, up from just
over 39 million tons in 2014, according to consultancy Kline & Co.
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By Lisa
Tocci • September 9, 2015
U.S. output of lubricant
base oils rose 10 percent in the first six months of this year, versus
the same period a year earlier, according to data released last week by
the U.S. Energy Information Administration.
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By Boris
Kamchev • September 9, 2015
Bulgarian lube maker
Prista Oil is upgrading the blending technology at its Ruse lubricants
blending plant in Bulgaria, and hopes to persuade others to do
likewise.
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By George
Gill • September 9, 2015
U.S. quick lubes’ average
yearly sales per store rose to $694,189 this year, up 1.6 percent from
2014, National Oil & Lube News reported.
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September 9,
2015
Metalworking fluids maker Houghton International
appointed Marcello Boldrini as its senior vice president and president
of global metals, leading its specialty product lines for major metal
industries. Lambent
Technologies – which manufactures and supplies
oleochemical derivatives for lubricant and metalworking formulations –
and Petroferm
officially changed their names to Vantage Specialties Inc.
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Base Oil Reports
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U.S. Base Oil Price Report
As
discussions were slowly starting to surface following the Labor Day
holiday, news that Motiva would be lowering the price of two of its
paraffinic oils nudged market players to sit up and take notice.–by
Gabriela Wheeler
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EMEA Base Oil Price Report
Base oil
markets in Europe, the Middle East and Africa are idling, with neither
sellers nor buyers knowing where the market is actually heading
despite prices gradually sloping down.–by Ray Masson
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SSY Base Oil Price Report
Parts of
Europe have cooled substantially and certain trade lanes in Asia are
fragile. U.S. markets are mostly robust, although there have even
been a few cracks starting to appear there.–by Adrian Brown
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