LUBE REPORT



Wednesday, September 18, 2002		VOLUME 2 ISSUE 38

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September 11, 2002
Vol. 2 Issue 37

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U.S. Additive Demand to Top $1.7 Billion
U.S. demand for lubricant additives is expected to grow 2.3 percent per year to $1.7 billion in 2006, according to a new study by The Freedonia Group Inc. Volume demand is projected to reach 1.9 billion pounds. Deposit control additives will continue to account for the largest share of the U.S. market.
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Nigerian Union Targets Bootleggers
A union of Nigerian petroleum workers launched its own motor oil recently as part of an effort to combat illegal sales of fraudulent products. The head of the National Union of Petroleum and Natural Gas Workers said the project has a two-pronged strategy: to offer motorists a reliable brand, and to rein in truck drivers who help to divert base oil for the illicit products.
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Hydrotex Heads for Wider Spaces
Specialty lubricant blender Hydrotex Partners announced last week that it will expand by moving its manufacturing operations to a new 96,000-square-foot plant in Tulsa, Okla. Joe Ivey, formerly of Bridgestone Firestone, has been appointed vice president of manufacturing for the new plant.
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Base Oil Price Report
If Shell Oil Co. has to sacrifice a stake in Excel Paralubes to complete its purchase of Pennzoil-Quaker State Co., observers say it won’t have a problem finding interested buyers for that 50-percent share of North America's second-largest base oil refinery.
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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. Email: info@LNGpublishing.com. For sponsor information contact Gloria Steinberg Briskin at (800) 474-8654 or (703) 536-7676 or gloria@LNGpublishing.com.

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