News
Additive Volumes Forecast to Grow
Global lubricant additive demand volume will grow 0.5 percent per year from 4.6 million tons in 2018 to more than 4.8 million tons by 2023, consultancy Kline & Co. projected, slightly less than [...]
Lanxess Boosts Additive Production
Specialty chemicals company Lanxess is doubling its production of multifunctional lubricant additive dimercaptothiadiazole derivatives by adding an additional production line to its Mannheim, [...]
Tariffs Force Additives Firm to Shift Focus
Inxiang Richful Lube Additive Co a Chinese additives supplier, plans to focus more on emerging markets because of the U.S. government’s recent decision to raise tariffs on a range of [...]
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 [...]
Additive Companies Announce Price Increases
Lubrizol announced on December 19 it will implement a general price increase across all product areas from all shipping locations, effective February 1, 2018. A specific amount of increase [...]
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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