Wednesday, August 4, 2004 VOLUME 4 ISSUE 31   News Sponsored by ChevronTexaco News Sponsored by Afton Chemical Subscribe or Unsubscribe CONTACT US E-MAIL COMMENTS TO: Lube Report Editor ISSUE ARCHIVE July 28, 2004 Vol. 4 Issue 30 [MORE] Chemical Limits Loom for Diesel Oils An ASTM panel recently approved the first-ever chemical limits for heavy duty engine oils. Observers say those limits will sharply curtail the use of popular additives when the PC-10 specification makes its market debut in two years. The standard could also further reduce applications for Group I base oils. [FULL STORY]   Second Quarter Kinder to Some The lubricant additive businesses of Lubrizol Corp. and the former Ethyl Corp. both posted healthy financial gains for the second quarter, thanks to robust sales and success in passing through higher costs. Quaker Chemical also recorded a sales jump but watched its profit fall because its own price hikes did not keep pace with raw materials costs. [FULL STORY]   Bottle Makers Pop a Cork Plastic blow-molder Graham Packaging Co. said last week that it has agreed to buy the plastics container business unit of Owens-Illinois Inc. for $1.2 billion. The acquisition would more than double the size of one of the biggest suppliers of motor oil bottles. [FULL STORY]   Tribology Lab's Focus is CV Joints The world’s largest manufacturer of constant velocity jointed sideshafts said last week that it has opened a Detroit area tribology laboratory to study how greases and other lubricants perform on its products. [FULL STORY]   Base Oil Price Report Rising prices have been the theme for the U.S. base oil market this year, and the trend continued the past week – in all kinds of ways. ExxonMobil announced increases to its paraffinic postings Friday, and most other principal suppliers followed its lead. At least two naphthenic base oil suppliers raised their prices, too. And to top it all off, crude oil prices reached record highs yesterday. [FULL STORY]   Published by LNG Publishing Co., Inc. Copyright © 2004 LNG Publishing Co., Inc. All rights reserved. Tim Sullivan, Editor. Lube Report (ISSN 1547-3392), 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. Forward to a colleague Privacy Policy

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