Wednesday, June 12, 2002 VOLUME 2 ISSUE 24   News Sponsored By: Subscribe or Unsubscribe CONTACT US E-MAIL COMMENTS TO: Lube Report Editor ISSUE ARCHIVE June 5, 2002 Vol. 2 Issue 23 [MORE] API Audit: One in Five Motor Oils Off-spec More than one out of five API-licensed engine oils was off-spec last year, according to the American Petroleum Institute’s 2001 worldwide engine oil quality audit. Of more than 600 bottled and bulk samples, 16 percent were found to have “marginal” deviations, while 5 percent had “significant” deviations. [Click here to view FULL STORY]   Sinopec Forms Lubes Subsidiary Sinopec, China’s second-biggest oil company, has integrated its lubricants operations to cope with foreign competition that is expected to stiffen as barriers to trade are reduced. The company pooled several separate businesses to form Sinopec Lube Oil Co., which will have initial sales of 1.2 million tons per year. [Click here to view FULL STORY]   Phillips Streamlines Kendall Brand Phillips Petroleum Co. has made its stable of motor oils a little less crowded by consolidating the Kendall brands into a single product line -- Kendall GT-1. [Click here to view FULL STORY]   Base Oil Price Report The U.S. base oil market was quiet this past week, and sources say it may remain so in coming weeks. Upward pricing pressure has been eased by recent markups and lower crude oil costs. [Click here to view FULL STORY]   Copyright © 2002 LNG Publishing Co., Inc. All rights reserved. Tim Sullivan, Editor. Lube Report, Lubes'n'Greases Magazine and Lubricants Industry Sourcebook are published by LNG Publishing Co., Inc., 6105-G Arlington Blvd., Falls Church, Virginia 22044 USA. Phone: (703) 536-0800. Fax: (703) 536-0803. Website: www.LNGpublishing.com. For sponsor information contact Gloria Steinberg Briskin at (800) 474-8654 or (703) 536-7676 or gloria@LNGpublishing.com. Forward to a colleague Privacy Policy

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