Monday, December 28, 2009   VOLUME 5 ISSUE 50  
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Archive
December 21, 2009
Vol. 5 Issue 49
December 14, 2009
Vol. 5 Issue 48
December 7, 2009
Vol. 5 Issue 47

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Bucyrus to Acquire Terex Mining

South Milwaukee-based heavy mining equipent OEM Bucyrus International, Inc. has announced that it has signed a definitive agreement to acquire the mining equipment business of Terex Corporation for US$1.3 billion in cash. The mining equipment business of Terex produces the world’s largest hydraulic excavators, rugged haul trucks, advanced drilling machines, and highwall mining systems including equipment under the O&K, Unit Rig, Reedrill, Superior Highwall, Halco, and Hypac.brand names.

[FULL STORY]
 
Lube Basestocks in Africa and the Middle East

Kline & Company has announced a new study, Lubricant Basestocks in Africa and the Middle East 2009: Market Analysis and Opportunities. This study will provide a comprehensive evaluation of the current and emerging market for lubricant basestocks in this region. This report is specifically designed to assist lubricant basestock marketers in understanding challenges and market dynamics unique to this region.

[FULL STORY]
 
Andrew Bornstein Promoted to VP, North America Sales & Marketing for Amalie

Amalie Oil Company has announced the promotion of Andrew Bornstein to Vice President, North America Sales & Marketing. Bornstein, a graduate of the University Of Colorado, has served Amalie since 1999, first as District Manager West and for the last nine years as Amalie’s Business Development Manager. Amalie’s six District Managers will report to Andrew at Amalie’s Tampa, Florida National Headquarters. Andrew will report to Denny Madden, Senior Vice President, Global Sales & Marketing.

[FULL STORY]
 
Eastern Hemisphere Lube Base Oil Price Report

Crude oil prices rose last week, trading in a range of US$72-77 per barrel during the week, with light sweet crude oil closing at US$77.10 per barrel on the New York Mercantile Exchange last Thursday, the last trading day before the Christmas holiday. Eastern hemisphere base oil prices again showed little change, with a slight upward bias, in the area of US$5-US$10 per MT.

[FULL STORY]
 
The Fifth Edition of the Synthetic Lubricant Cross Reference Chart Series Begins January 11

As a reminder, the 5th Edition of our Synthetic Lubricant Cross Reference Chart Series is scheduled to be published in the OEM/Lube News beginning Monday, January 11, 2010 and run through June 2010, with a different chart each week. Although most of the information contained within these charts is a result of our own research and input from various oil companies, if any of our reader companies have new synthetic lubricants to add to these charts, we welcome any additional suitable product information.

[FULL STORY]
 


 
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