Shell to Build Lubes Plant in Russia
Royal Dutch Shell plc on Monday said it plans to build a lubricant blending plant in northwestern Russia, the first operated by an international oil company. Separately, Shell said last week that it will close a Vicksburg, Miss., plant in December.
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Can GF-5 Clear Final Hurdles?
Some key components of the ILSAC GF-5 passenger car engine oil upgrade have begun falling into place, and commercialization now appears on track to begin by October 2010, sources say. That will make the oils available to service gasoline-fueled vehicles beginning with the 2011 model year.
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GM Offers Details on its 'dexos' Plans
General Motors' new global engine oil specification is now trademarked as 'dexos' and is poised to make the leap from the drawing board into the market. Dexos II, for passenger car diesel engines is launching now in Europe, and its gasoline-fueled counterpart should be available globally for its 2011 model year vehicles.
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Chemtool to Acquire Site for HQ
Lubricant and grease manufacturer Chemtool plans to acquire Woodward Governor’s 102,266-square-foot Rockton, Ill., facility for use as a corporate headquarters. Terms of the transaction, expected to close later this month, were not disclosed.
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Proposed Bans in Nigeria Stir Debate
Stakeholders in the Nigerian lubricants industry have expressed their opposition to a proposal that effective Jan. 1 would ban imported lubricants as well as sales of lubricants dispensed from bulk tanks at gasoline stations across the country.
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Oxea, BASF Raise More Prices
BASF and Oxea, whose chemical price hikes were reported here last week, have announced additional price increases for chemicals used in lube production.
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U.S. Base Oil Price Report
An increasingly tight U.S base oil supply scenario, particularly on the naphthenic side, has some buyers searching all corners for product this week. Nynas stepped out with plans to raise naphthenic prices by up to 20 cents per gallon.
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Europe-MidEast-Africa Base Oil Price Report
Having ever imagined that the EMEA base oil market would have found some stability for the last week of August, and the last week of the summer holiday season, no one could have been more wrong.
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SSY Base Oil Shipping Report
Adrian Brown is away. The SSY Base Oil Shipping Report will resume next week.
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