Sunset for API CF, CF-2 Oils
The American Petroleum Institute has moved to drop two of its classic heavy-duty engine oil categories, API CF and API CF-2. API CF-2 licenses will be honored until Feb. 1, after which the category will be declared obsolete. Any API CF licenses will expire on or before the end of 2010, when it too will die.
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Mergers, Acquisitions Roundup
The end of the holiday season brought a flurry of mergers and acquisitions amongst a variety of lubricants distributors and suppliers, including two in the U.S., one in Canada and one in Europe.
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Catch Up on Holiday Headlines
The American Petroleum Institute grabbed headlines during the holiday season with its approval of the ILSAC GF-5 passenger car engine oil specification, and an update on its motor oil aftermarket audit program, which found significant problems with about 4 percent of 534 samples tested.
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Rerefinery Favors Diesel Fuel
HD-Petroleum plans to launch a Canadian $1.4 million (U.S. $1.3 million) rerefinery in Montcalm, Manitoba, next June that processes used motor oil to produce 1.2 million liters annually of low sulphur diesel fuel.
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Valvoline Launches MaxLife in India
Valvoline Cummins India Ltd. has introduced Valvoline MaxLife Diesel motor oil for trucks in India, a market that puts extreme wear and tear on diesel truck engines.
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Briefly Noted
Alkylamines producer Taminco
of Ghent, Belgium, appointed Laurent Lenoir as CEO on Jan. 1, succeeding Pol
Vanderhaeghen, who is retiring… Tampa, Fla.-based Amalie Oil promoted Andrew Bornstein to vice president, North
American sales and marketing… Additives marketer Petroleum Chemicals of Sacramento, Calif., appointed Sally Pavlica
area manager for its new regional office in Houston.
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U.S. Base Oil Price Report
The first full week of the new year is well underway, and there is fresh optimism in the U.S. base oil market. Producers and buyers alike suggest that demand will be much improved from the dreaded first quarter of 2009.
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Europe-MidEast-Africa Base Oil Price Report
The EMEA region has come alive judging by the number of reported communications between buyers and sellers this week. Price hikes of $15 to $30 per ton are predicted.
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SSY Base Oil Shipping Report
Adrian Brown is away, returning Jan. 13.
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