4,000 Evacuated Near Heartland
Firefighters evacuated thousands of workers from nearby office buildings after a gasket failure led to a hydrogen sulfide gas leak on Monday morning at Heartland Petroleum’s rerefining facility in Columbus, Ohio.
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COP Ups the Ante on Kendall
ConocoPhillips Lubricants has unveiled a major makeover of its Kendall GT-1 passenger car motor oil, and next month will make it available to all its marketing partners -- even those who before sold only Conoco, Phillips 66 or 76 Lubricants.
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Last Aussie Base Oil Plant to Close
Caltex Australia on Thursday said it will close its base oil refinery at Kurnell in Sydney to cut costs and improve efficiency. The 3,300 barrels per day API Group I plant is the last one in Australia.
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Tire Makers Turn to Pale Oils
On Jan. 1 the European Commission directive banning distillate aromatic extracts in tires takes effect, creating a huge demand worldwide for heavy naphthenics that could put pressure on traditional lubricant applications and on crude supplies, an Ergon executive said.
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Engine Oil Leaks Prompt Recalls
An oil pump defect has led to a recall of passenger vehicles in China by a Ford joint venture, while a flaw in an engine casing that could lead to a dangerous oil leak has resulted in a motorcycle recall by Kawasaki in the United States.
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Azelis Joins Petro-Canada Network
Azelis Group will distribute Petro-Canada’s white oil products to personal care and pharmaceutical sectors throughout Europe under an agreement announced last week.
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Dow, Oxea Raise Chemical Prices
Oxea increased prices for a variety of carboxylic acids and polyalcohols used in lubricants, while Dow raised praises on oxygenated solvents.
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U.S. Base Oil Price Report
U.S. base oil market activity is slowing as the year-end doldrums fast approach. Despite a few reports of sellers offering below-market prices, no year-end fire sale has emerged.
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Europe-MidEast-Africa Base Oil Price Report
Suppliers are trying to resist any further price reductions whilst potential buyers, armed with falling feedstock values and crude prices, are trying their best to set the scene for the New Year with lower numbers all round. In the centre is a base oil market where very little activity is currently taking place.
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SSY Base Oil Shipping Report
European markets have flattened, rather too early for many ship owners. The pace has eased in the U.S. Gulf too, but most of the remaining December ships should find employment. Asia is busy across all routes.
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