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Monday, January 2, 2017VOLUME 13 ISSUE 1
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Oronite Celebrates 100th Anniversary of Its Brand

Chevron Oronite is celebrating the 100th anniversary of its brand in 2017. The company said that celebrating the brand centennial with its customers will be an Oronite theme throughout the year. Events are planned in the coming months in the United States, France and Singapore.


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Saudi Aramco and Pertamina to Jointly Own, Upgrade and Operate Cilacap Refinery

Saudi Aramco and PT Pertamina, Indonesia's state oil and gas company, signed a Joint Venture Development Agreement to enable further progress to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia. The project includes modifying the Cilacap API Group I base oil plant for Group II production.


[FULL STORY]

TonenGeneral to Establish New Lubes Subsidiary

Tokyo, Japan-based TonenGeneral Sekiyu K.K. announced that it has established a lubricants business company through its subsidiary EMG Marketing Godo Kaisha, also based in Tokyo and will market ExxonMobil's Mobil-branded oils in April, when it merges with JX Holdings.


[FULL STORY]

Ji Dong-sup Named CEO of SK Lubricants

South Korea's SK Group has announced that Cho Dae-sik, the CEO of SK Holdings Co., was appointed chairman of SK Group's highest decision-making body, the SUPEX Council. Ji Dong-sup, a director of the SUPEX Council, was named as CEO of SK Lubricants. SK Energy President Kim Joon was also named president of SK Innovation.


Ford Issues Recall Due to Oil and Fuel Leaks

Ford Motor Co. is recalling vehicles because they could leak engine oil and potentially start fires. Ford dealerships will inspect and replace leaking turbocharger oil supply tubes at no cost to the customers. The models include 2016 Ford Tauruses, Explorers and Police Interceptor Utilities, all having 3.5-liter GTDI engines.


[FULL STORY]



  • Ergon to Increase Prices of Naphthenic Base Oils by 20 CPG, Effective January 6
  • Ergon to Increase Prices of Its Hygold Paraffinic Base Oils - P40 Through P300 by 20 CPG and P150BS by 15 CPG, Effective January 6
  • HollyFrontier to Increase Prices of Its (Group I) SN70 Through SN600 by 20 CPG and Its Bright Stock by 15 CPG Effective January 3
  • Paulsboro Refining to Increase Contract Prices of Its (Group I) VP 100 Through VP700 by 20 CPG and Bright Stock by 15 CPG, Effective January 4
  • According to Sources, Petro-Canada to Increase All Group II Purity Base Oils by 20 CPG, Effective Today, January 2
  • Calumet Shreveport Refinery Fined for Safety Violation in May 20 Fatal Accident
  • BioAmber and South Korean-based CJ CheilJedang Plan JV for Succinic Acid Production in Asia

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