USA, Meet GHS
The Occupational Safety and Health Administration has proposed the adoption of the Globally Harmonized System of Classification and Labeling of Chemicals in the United States.
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Calumet to Market Lyondell Lubes
Calumet will market LyondellBasell’s naphthenic base oil and white mineral oil starting Nov. 1, products previously marketed by Nynas Naphthenics and Schumann Steier.
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Valvoline Picks Prista
Valvoline International Inc. last week named Prista Oil Group to distribute its engine oils and other car care products in Central and Eastern Europe, where the U.S.-based lubricant marketer wants to expand.
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Total Gains Vietnam Lubes Business
Total will acquire ExxonMobil’s lubricants and specialties business in Vietnam, including a lube oil blending plant. Terms of the transaction were not disclosed.
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Additives Marketer Grows
Lube oil additives marketer Petroleum Chemicals has moved to a larger facility in Sacramento, Calif., to accommodate business and staff expansions.
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Briefly Noted
Chile-based SQM will reduce prices by 20 percent on lithium carbonate and lithium hydroxide, while also expanding its production capacity to 40,000 metric tons per year… India’s Balmer Lawrie plans a $5 million lubricant and grease plant in Indonesia, in a JV with Imani Wicaksana, Indo-Asian News Service reported.
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U.S. Base Oil Price Report
With the fourth quarter just getting underway, a whiff of optimism is detected in the U.S. base oils market. A growing number of participants from both the buy and sell sides are now anticipating the year could end on a more positive note compared to their expectations a few months back.
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Europe-MidEast-Africa Base Oil Price Report
The EMEA base oil market has not seen any new demand spikes, and base oil production in Europe, after the third quarter, is estimated to be down around 28 percent from the same period of 2007 – the most valid comparison, since 2008 saw sharp downward movements in production and off take, after the economic breakdown.
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SSY Base Oil Shipping Report
Adrian Brown is away this week.
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