ExxonMobil, ConocoPhillips, Chevron, CITGO and Valvoline Announce Lube Price Increases
Following Shell's announcement a week earlier, ExxonMobil, ConocoPhillips, Chevron, CITGO and Valvoline all announced finished lube price increases this past week. The increases were in the range of 6% - 10%, with the effective date typically being July 1, 2010. BP/Castrol is the only major lubricant manufacturer that has not yet recently announced lubricant price increases in the US market.
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ExxonMobil Chemical Introduces SpectraSyn Elite™ Metallocene PAO Basestock
ExxonMobil Chemical announced last week the introduction of SpectraSyn Elite™ metallocene polyalphaolefin (mPAO) basestock, its latest high-performance, high-viscosity polyalphaolefin (PAO) utilizing metallocene technology. SpectraSyn Elite™ mPAO basestock is currently available in the 150 cSt at 100°C viscosity grade.
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ExxonMobil Teams Up With Penn Energy to Determine Best Practices in Gas Engine Maintenance
ExxonMobil has teamed up with global power website, PennEnergy.com to determine both current and best practices in gas engine maintenance in the energy industry and the impact of gas engine efficiency on productivity. For an overview of current and best practices in gas engine maintenance the Mobil Industrial Lubricants report ‘Engine Efficiency, Preventative Maintenance and the Bottom Line’ can be downloaded.
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API to Assume 'Motor Oil Matters' Program Leadership from Pennzoil-Quaker State
The American Petroleum Institute earlier this month announced it will assume the leadership role in Motor Oil Matters from Pennzoil-Quaker State, with the goal of expanding this successful industry and consumer initiative. PQS had previously launched 'Motor Oil Matters' through a number of consumer and trade initiatives to increase consumer awareness about the importance of using high-quality motor oils.
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Asia Pacific Base Oil Market Stalls
Base oil prices across the Asia Pacific market were largely unchanged from the previous week, activities were sporadic and limited in thin trading. Buyers were seen reluctant to be in open positions and decided to stay on the sidelines. With the traditional base oil off-peak buying season approaching and PetroChina’s and Sinopec’s refineries resuming operations in June, base oil supply should exceed demand and put pressure on prices.
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Synthetic Lubricant Cross Reference Chart Series - Synthetic R&O/Non-EP Industrial Gear Lubricants
The Synthetic R&O/Non-EP Industrial Gear Lubricants Chart is the fifteenth of a 24-chart series of the Fifth Edition of our Synthetic Lubricant Cross Reference Chart Series. This 24-set series consists of over 7,900 (fully) synthetic lubricants marketed by over 500 worldwide lube manufacturing & marketing companies and equipment OEMs.
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