LubesnGreases Magazines February issue is now available online, free to readers worldwide. Highlights include U.S. base oil imports and exports; PAOs revival; Nynas on Naphthenics; and the big bucks and big efforts going into new diesel engine oils. To read or download the February digital edition, click the Lubes’n’Greases sponsor button to the left, or the link below. The digital edition of LubesnGreases, launched last month, is an exact replica of the print edition of the award-wi...

PMC Group said last month thatits specialty chemical subsidiary Crystal has bought ExxonMobil’s North American wax emulsion business. PMC officials said the acquisition of ExxonMobils brand names, accounts and technology will make it the premier supplier of these specialty wax based products in North America. The purchase was completed by Crystal PMC Inc., of Lansdale, Pa., a supplier of specialty and performance chemicals including sodium and potassium stearates, wax emulsions, specialty ...

A subsidiary of Illinois Tool Works announced last week that it has boughtWynn Oil Company from manufacturing giant Parker Hannifin Corp.Wynn manufacturesautomotive specialty chemicals and equipment. The acquisition was made by ITW Performance Polymers, of Danvers, Mass., which makes adhesives and sealants for original equipment manufacturers and maintenance and repair industries. Terms of the deal were not disclosed, but Parker Hannifinsaid that Wynn has annual revenue of $110 million. Wynn is ...

Construction of Polands first premium base oil plant has come to a halt – the result of bankruptcy, triggered by the financing needed to pay for the project. Rafineria Nafty Glimar S.A. entered bankrupty Jan. 19, Marketing Specialist Boguslaw Borek told Lube Report Friday. The company, which consists mainly of a refinery in the southern Polish city of Gorlice, was bought the week before the bankruptcy declaration by state-owned Lotos Group S.A., Polands second-largest refiner. As a result,...

Prices for lubricant additives rose sharply over the past year. In that respect, they fit in perfectly with most inputs for lubricant blenders. Base oil, energy, transportation and packaging costs also climbed, largely because of steep increases in the price of crude oil. Crude has affected additives, too, but observers say other factors have also played a role. Supply of a number of key chemicals used to make additives has been taxed by growing consumption, sometimes from competing industries. ...