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  [...]

February, 2019

Hill Corp. Opened Base Oil Rerefinery

Hill Corp. recently finished building a used oil rerefinery and a small grease unit at its lubricant blending plant in Shymkent, in southern Kazakhstan. The company says these are the initial steps [...]

August, 2018

Hyundai Shell Expands Base Oil Plant

Hyundai Shell Base Oil., a joint venture between Hyundai Oil Bank and Shell announced last week that it is completing a 250,000 metric tons per day expansion at its API Group II base oil plant  [...]

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  [...]

July, 2018

China’s PAO Base Expands

The coal-to-liquids base oil operations that Shanxi Lu’an Group is opening in Changzhi, China, this year include a plant with capacity to make 3,000 metric tons per year of low-viscosity  [...]

June, 2018

IMO Changes to Impact Additives More Than Base

Group I and Group II base oils are likely to continue to be used as the main components of marine lubricants post-2020, when stricter International Maritime Organisation (IMO) rules on the sulphur  [...]

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 [...]

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