LUBE REPORT

Wednesday, July 15, 2009 VOLUME 9 ISSUE 28  











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ISSUE ARCHIVE
July 8, 2009
Vol. 9 Issue 27

[MORE]
Shell Goes After Off-brand Lubes
A third-party independent laboratory began testing motor oil samples from Shell installers in Detroit this month, part of a Shell Lubricants campaign to crack down on installers who substitute off-brand or out-of-specification lubricants for the branded products they claim to use.
[FULL STORY]
 
Dow, BASF Pare Down
Dow Chemical recently outlined a restructuring plan calling for shutdown of several ethylene-related manufacturing assets in Louisiana, while BASF is reviewing strategic options – including restructuring, sale or closure – for 23 of the 55 former Ciba production sites worldwide it acquired.
[FULL STORY]
 
Base Oils Beyond GTL
Looking beyond gas-to-liquids, governments and private enterprises are eyeing other carbon sources of clean fuels that can also produce high quality lubricant base oils. Carbon-to-liquids activity is tied to crude prices, an industry expert noted. “If crude spikes, coal-to-liquids and biomass-to-liquids will stampede."
[FULL STORY]
 
Northwest ExMo Distributor Grows
PetroCard Systems has acquired Estacada Oil and its Northwest Petroleum lubricants division, extending the ExxonMobil lube distributor’s reach into northern and central Oregon. Terms of the transaction were not disclosed.
[FULL STORY]
 
WD-40 Sales, Earnings Slump
WD-40 on July 8 reported $6.9 million in net income for its third quarter ending May 31, down 14.6 percent compared to the year-ago period.
[FULL STORY]
 
U.S. Base Oil Price Report
ExxonMobil, Chevron, Flint Hills Resources, Holly, ConocoPhillips, Valero, Calumet and SK stepped out with plans to raise API Group I, II, II+, III and III+ posted prices by 5 cents to 45 cents per gallon this week.
[FULL STORY]
 
Europe-MidEast-Africa Base Oil Price Report
Disarray, arguments and disagreement are the flavours of the week. Producers are maintaining their bullish stance with price hikes, which some buyers consider out of order, given the current drift in crude and product prices.
[FULL STORY]
 
SSY Base Oil Shipping Report
Intra-European enquiries are keeping short-haul tonnage active while export opportunities continue at a mild pace. Though enquiries for Asian exports still exist, many enquiries are nothing more than that, with the exception of some recent business from the United States, where prompt space remains snug, but available.
[FULL STORY]
 
Editor's Note: Now in 35 Languages
Readers can now translate Lube Report articles into 35 languages directly at each full-story page. Click the “Full Story” link to check it out.
[FULL STORY]
 
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Published by LNG Publishing Co., Inc.
Copyright © 2009 LNG Publishing Co., Inc. All rights reserved.
George Gill, Editor. Lube Report (ISSN 1547-3392) is 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 advertising information contact Gloria Steinberg Briskin at (800) 474-8654 or (703) 536-7676 or gloria@LNGpublishing.com.
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