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Monday, March 27, 2017VOLUME 13 ISSUE 13
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Lubrizol Breaks Ground on PIB Unit in Deer Park, Texas

Lubrizol last Thursday announced that in conjunction with its previously announced technology license agreement with Daelim Industrial, it has begun construction of a new polyisobutylene (PIB) unit at its Deer Park, Texas facility. The new unit is expected to be fully operational in the first half of 2019.


More Finished Lube Price Increases

Within the past week or so, Amalie, Calumet, Castrol, Cam2, Warren Distribution and Smitty's Supply announced finished lubricant price increases, in the range of 20 to 35 cents per gallon, and/or 4% to 9%. The previous round of price increases was in late January and early to mid February this year.


Sinopec Buys Chevron South African Assets

China's Sinopec has agreed to pay almost $1 billion for a 75 percent stake in Chevron's South African assets and its subsidiary in Botswana. Sinopec said the assets include a 100,000 bpd oil refinery in Cape Town, a lubricants plant in Durban, 820 petrol stations and other oil storage facilities.


Chemtura Increases Prices for Petroleum Additives Products

Chemtura announced last Friday that effective April 1, 2017 or as contracts allow, as a result of the continued escalation of costs, it will increase prices globally for the following Petroleum Additives products: Detergents: Calcinate®, Hybase®, Lobase®; Calcium Sulfonate Greases; Esters; and Phosphate Esters: Durad®, Reolube®.


ENOC and Dubai Government Tackle Illegal Lubricants

Government owned Emirates National Oil Company has joined hands with other government entities to address the illegal trade of lubricants in Dubai. Authorities have also recently mandated upgrading API engine oil specifications to a minimum of API CH-4 for diesel engines and API SL for petrol engines.


Reference Center

Global Lube Base Oil Specifications

API Group I
API Group II
API Group IV
API Group V

March 20, 2017
March 13, 2017
March 6, 2017
February 27, 2017
February 20, 2017


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