Base Stocks

Recycler Vertex Files for Bankruptcy

Recycler Vertex Files for Bankruptcy

October 2, 2024

Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attem ...

Oleon Acquires Brazilian Company

Oleon Acquires Brazilian Company

October 2, 2024

Belgian oleo-chemicals company Oleon acquired a majority stake in A.Azevedo Óleos, a Brazilian oleo-chemical company ba ...

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Weekly EMEA Base Oil Price Report

October 1, 2024

Israel on Tuesday launched a ground invasion into southern Lebanon, another significant expansion of its war with Hamas ...

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Exxon Enters French Rerefining Arena

September 30, 2024

ExxonMobil's French subsidiary Esso Societe Anonyme Francaise will start rerefining base oil at its Port Jerome facility ...

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Weekly Asia Base Oil Price Report

September 30, 2024

Base oil prices continued to be pulled in different directions in Asia, depending on supply and demand fundamentals and ...

October Base Oil Report

October Base Oil Report

September 27, 2024

Gabriela Wheeler explores some of the major factors that contributed to a series of posted base oil price decreases that ...

Innovation Is More than New Molecules

Innovation Is More than New Molecules

September 27, 2024

Chemical regulation may be reducing the flow of new molecules into the market, but it has prompted a variety of new appr ...

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Weekly U.S. Base Oil Price Report

September 25, 2024

Two API Group I producers joined the growing band of suppliers who have cut posted prices since the beginning of the mon ...

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Weekly EMEA Base Oil Price Report

September 25, 2024

The Lube Expo trade show was held last week in Dusseldorf, Germany, attracting companies from almost every part of the l ...

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South Korea Base Oil Exports Surge

September 25, 2024

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Cu ...

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U.S. Base Oil Output Rose in June

September 25, 2024

Base oil production in the United States rose 12% in June, year on year, as this year’s output continued to run ahead ...

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Weekly Asia Base Oil Price Report

September 23, 2024

The base oils market appeared to be going through a transitional period, with buyers assessing future product needs and ...

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Weekly U.S. Base Oil Price Report

September 18, 2024

More base oil producers announced base oil price decreases during the week. Among paraffinic producers, SK Enmove inform ...

Petromaca Builds Rerefinery in Venezuela

Petromaca Builds Rerefinery in Venezuela

September 18, 2024

Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recy ...

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Weekly EMEA Base Oil Price Report

September 18, 2024

As base oil markets settle down following the summer break, pricing is becoming more varied depending on base oil type a ...

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Weekly Asia Base Oil Price Report

September 16, 2024

Many expected buying activity to improve over the next few weeks. But sluggish lubricant demand, falling crude oil and f ...

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Weekly U.S. Base Oil Price Report

September 11, 2024

Participants were keeping an eye on a tropical depression developing in the Gulf of Mexico. The National Hurricane Cente ...

Base Oil Imports to China Decline

Base Oil Imports to China Decline

September 11, 2024

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and l ...