Wednesday, May 22, 2013
VOLUME 13 ISSUE 20  
Who Will Market Ruwais’ Base Oils?
Finnish refiner Neste’s role in the sales and marketing of API Group II & III base oils produced at Takreer’s plant at Ruwais, United Arab Emirates, seems uncertain following remarks from Takreer and Adnoc at a base oils conference in Abu Dhabi.
[FULL STORY]
Auto Sales Drive India Lube Demand
India will be the world’s second largest commercial vehicle market by 2015, and combined passenger car and commercial vehicle production is expected to grow more than 11 percent per year through 2021.
[FULL STORY]
Russia’s Lubes Volume Up, Value Down
As a result of growing passenger car sales, Russia’s motor oil market saw a steady increase in sales during the first half of 2012 compared to a year earlier, with sales volume reaching the 2008 pre-crisis level.
[FULL STORY]
MWF Industry Faces Changes
Myriad forces are buffeting the metalworking fluid industry, making it difficult to know how formulations will look in the future, a Houghton International official said at the recent STLE conference.
[FULL STORY]
DIY Rises Despite Improving Economy
As drivers hang onto their vehicles longer, the trend of low-budget, do-it-yourself auto repair – including oil changes – is enduring despite an apparent upswing in the U.S. economy.
[FULL STORY]
Oxea to Boost Bay City Plant
Oxea plans a 25 percent expansion next year of oxo products capacity at its Bay City, Texas, plant. Products made at the facility include acids used to make lubricant esters.
[FULL STORY]
Briefly Noted
Quaker Chemical said in an SEC filing that Jan Nieman, vice president and managing director, Asia/Pacific, will become vice president and global leader for grease, fluid power and mining effective Aug. 1.  Ali and Sons – importers of Porsche, Volkswagen, Audi and Skoda vehicles in Abu Dhabi, U.A.E. – reached agreement with EMA Lubricants, a joint venture between ExxonMobil and Gibca Group, to use Mobil-branded lubricants.  The former Steel Shipping Container Institute is now the Industrial Steel Drum Institute, with a new website at www.whysteeldrums.org.
U.S. Base Oil Price Report
Conditions in the U.S. base oils market were largely unchanged from a week ago, with no posted price initiatives noted. Demand for heavier cuts continued to dominate, while requirements for the lighter grades was healthy but not buoyant, sellers conceded.
[FULL STORY]
Europe-MidEast-Africa Base Oil Price Report
Without a great deal of activity on either end, sellers and buyers are wondering if the market is stable, or simply lacking direction.
[FULL STORY]
Asia Base Oil Price Report
The main topic of discussion in Asia was the possibility that the base oils market would become oversupplied in coming weeks.
[FULL STORY]
SSY Base Oil Shipping Report
U.S. markets are not busy at the moment, while Europe is understandably quiet amid public holidays. Demand is still poor in Asia.
[FULL STORY]



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