LUBE REPORT



Wednesday, April 2, 2003		VOLUME 3 ISSUE 13

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March 26, 2003
Vol. 3 Issue 12

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Shell Shortlists Paralubes Suitors
Shell Oil Products US has winnowed to three the field of potential buyers of its stake in the Excel Paralubes base oil business, according to sources familiar with the process. A decision is expected within the next several weeks.
[FULL STORY]

zMax Marketers Settle for $1 Million
The marketers of zMax automotive aftermarket lubricant additives have agreed to reimburse customers $1 million to settle a false advertising suit brought by the U.S. Federal Trade Commission. The case was the latest in a series of suits that the FTC has brought against aftermarket lubricant additive suppliers since the mid-1990s.
[FULL STORY]

Indian Strikers Protest Oil Privatization
Citing national security concerns in India’s core hydrocarbon sector, workmen unions of Hindustan Petroleum Corp. and Bharat Petroleum Corp. embarked on a three-day strike last week to protest privatization of the two Indian oil majors.
[FULL STORY]

Curtiss-Wright Buys Film Lubes Business
Metal treatment services provider Curtiss-Wright Corp. has bought the leading U.S. provider of solid film lubricant coatings, E/M Engineered Coatings Solutions, from Morgan Chemical Products Inc.
[FULL STORY]

Base Oil Price Report
U.S. supply of Group II-plus base oils has been tight for some time now, but market observers say it has tightened even further in recent weeks.
[FULL STORY]

Copyright © 2003 LNG Publishing Co., Inc. All rights reserved.
Tim Sullivan, Editor. Lube Report, Lubes'n'Greases Magazine and Lubricants Industry Sourcebook are published by LNG Publishing Co., Inc., 6105-G Arlington Blvd., Falls Church, Virginia 22044 USA. Phone: (703) 536-0800. Fax: (703) 536-0803. Website: www.LNGpublishing.com. Email: info@LNGpublishing.com. For sponsor information contact Gloria Steinberg Briskin at (800) 474-8654 or (703) 536-7676 or gloria@LNGpublishing.com.

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