Shell to Sell More Refineries
Oil giant Shell announced this month that it is trying to sell refineries in Stanlow, U.K., and in Montreal, as well as its Harburg, Germany, refinery. All three have base oil plants.
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Milacron Exits Chapter 11
Milacron has emerged from Chapter 11 bankruptcy, following the completed purchase of the company by a group of existing investors. Milacron’s Cimcool industrial fluids segment supplies
metalworking and industrial fluids.
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Excess Lube Leads to Toyota Recall
Risk of excessive lubricant short circuiting driver’s side electric window master switch control modules has prompted two Toyota joint ventures in China to recall more than 688,000 vehicles manufactured between 2006 and 2008.
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BioPreferred Labeling Program Proposed
The U.S. Department of Agriculture has released its proposed BioPreferred labeling program, a voluntary program for manufacturers that will help consumers identify bio-based products, including a variety of lubricants and greases.
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KenolKobil Extends Reach
KenolKobil announced Monday that it has purchased the largest lubricant distributor in Burundi to shore up and expand its sales in eastern Africa.
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BASF, Oxea Raise Prices
BASF has raised prices on carbonates, and Oxea has increased prices for solvents, as rising raw material costs continue to impact the
chemical industry.
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Ontario Targets MWF Users
Metalworking fluids in the workplace are on the short list of potentially hazardous chemicals targeted by Ontario’s Ministry of Labor health and safety inspectors, in their planned September blitz to reduce occupational injuries.
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U.S. Base Oil Price Report
The U.S. base oils naphthenic sector saw a dramatic pickup in demand this week alongside firmer price points, following news that Ergon is planning a short downtime at its plant in Vicksburg, Miss.
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Europe-MidEast-Africa Base Oil Price Report
With some players filtering back from holiday, producers have initiated increases of $10 to $50 per metric ton on almost all products. Although not on the scale of the rises seen in the past few months, these increases are happening more frequently and are adding up to significant levels.
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SSY Base Oil Shipping Report
Adrian Brown is away. The SSY Base Oil Shipping Report will resume Sept. 9.
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Publisher's Note: Fast Facts, No Fluff
The inaugural Lubricants Industry Factbook from Lubes'n'Greases is a timely compendium of statistics and trends that define the global lubricants industry, with data on finished lubricants, base oils, additives, engine oil categories and tests, and more.
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