December, 2019

IMO 2020 Brings Increased Base Oil Freight Costs

Compliance with the looming IMO 2020 will impact the cost of freight for African lubricant blenders, and some were advised to place orders for base oils before the International Maritime  [...]

August, 2018

Russia to Raise Lube Export Duty by 2021

Russian authorities adopted a bill that will increase export tariffs for motor oils, fuels and other distillates by 4 percent in 2021. Legislators specified that the increase set for 2021 is fixed at 4 percent  [...]

April, 2018

SN Plus First Use Set for May 1st

The American Petroleum Institute advised yesterday that May 1 will be the first licensing date for API SN Plus, the supplemental classification for passenger car motor oils. In mid-March API staff  [...]

March, 2018

ExxonMobil Plans More Base Oil Projects

ExxonMobil, the world’s largest base oil supplier, has made capital investments at several plants the past few years. Apparently it plans more of the same in coming years. Last week the company  [...]

March, 2018

SK Stock Offer Back on Table

The off-and-on plan for an initial public offering for SK Lubricants is on once again, and this time the company’s parent wants to get it done quickly. In a Feb. 26 filing with the Korean Stock Exchange  [...]

December, 2017

BASF Increases Prices on Base oil and Lubricants Globally

Ludwigshafen, Germany – November 27, 2017 – Effective December 1, 2017 or as existing contracts permit, BASF will increase prices globally across the portfolios of The price adjustments are [...]

December, 2017

MOTIVA Rolls Out Group III

JERSEY CITY, New Jersey – Following more than a year of rumor and speculation, Motiva officially is jumping into the API Group III base oil arena. Bryan Schorzman, general manager for Motiva base  [...]

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