Base Oil Continues Shift From Group I
API Group II base oil is steadily increasing its market space by displacing Group I in automotive and increasingly in industrial applications, consultancy Kline and Co. concluded in a recent study on future global supply and demand for lubricant base stocks.
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Kazakhstan Opens Blending Facility
Kazakhstan’s first blending plant opened last week as part of a national program for industry and innovation development, state information agency Kazinform reported.
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BASF Launches Polyisobutene Plant
BASF started up a new 25,000 metric tons per year, highly reactive polyisobutene plant at its Ludwigshafen, Germany site, raising annual capacity there to 40,000 tons.
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STLE Extends Global Outreach
Peter Drechsler, president of the Society of Tribologists and Lubrication Engineers for 2010-2011, believes STLE can grow membership globally and share more knowledge by offering more activities online and collaborating with similar groups in other countries.
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Study Examines Exposure to Biocides
Do you know of or work at a machine shop or metalworking facility where biocides are used to control harmful microbes or fungus in the machining fluids? You may be just what the American Chemistry Council needs, to help measure worker exposure to antimicrobial products.
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Lube Blows at Substation
A mineral oil based lubricant used as a coolant ignited at a Con Edison substation in Yonkers, N.Y., Saturday, causing two explosions and a blaze that took firefighters from 13 city fire companies to extinguish.
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Chemical Prices Rise
Cognis will increase prices on compounded lubricant and grease products, Vantage will raise prices for tallow based oleic acid, Oxea plans to hike costs for polyols used in synthetic lubricants, and Huntsman marked up prices on amines and carbonates utilized in lubricants production.
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U.S. Base Oil Price Report
Holly, Valero and Calumet stepped out with plans to raise their API Group I and II base stocks between 15 and 20 cents per gallon during the past week. These moves mirror the recently implemented ExxonMobil posted price amendments of the same amounts on June 11.
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Europe-MidEast-Africa Base Oil Price Report
This week there has been a plethora of enquiries for base oils coming from all over the globe, but with very few availabilities showing from EMEA suppliers.
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SSY Base Oil Shipping Report
The market out of the U.S. Gulf is slow but not quite as fragile as before. Europe is struggling with a massive oversupply of tonnage and poor demand, while Asia remains the brightest of all regions.
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Publisher's Note: '10 Base Oil Guide Is Here
LNG’s completely updated 2010 Guide to Global Base Oil Refining, a colorful wall chart listing the world’s key mineral base oil plants, has been mailed to all subscribers to the print edition of Lubes’n’Greases magazine. Click here for information on ordering copies.
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