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Wednesday, September 22, 2004
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VOLUME 4
ISSUE 38
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News Sponsored by PARC Technical Services
News Sponsored by ChevronTexaco
News Sponsored by Lubrizol
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Survey: Valvoline Grabs Fast Lube Sales
Valvoline significantly increased its share of oil changes performed by independent quick lubes, according to results of a survey conducted by an industry magazine. The survey, by National Oil and Lube News, also found that quick lube profit margins improved this year, despite a slight decrease in customer traffic.
[FULL STORY]
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Chemtool Sprouting Plants
The U.S. grease market has been shrinking for years, but one of its biggest suppliers is growing like a well-watered lawn. Chemtool Inc. last week announced the opening of a new plant in Elkhorn, Wis. In addition, officials said the company already intends to expand the new facility next year, along with its main grease plant in Crystal Lake, Ill. As if that weren’t enough, it also plans to build plants in Brazil and China.
[FULL STORY]
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Chemical Prices Still Going Up
Several more chemical companies announced price increases the past week for additives used in the lubricant industry. Crompton, Dow Chemical and Pilot Chemical are among the latest to impose markups. Sources said additive costs may keep going up, even if crude oil prices do not.
[FULL STORY]
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Companies Tie Up for Mining Fluid
ConocoPhillips has entered an agreement to market a longwall mining fluid produced by Quaker Chemical, the companies announced last week. The product, Quintolubric 814, was developed to serve as an all-around fluid that can be used for any lubricant application in any longwall mining machinery with a variety of water chemistries.
[FULL STORY]
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Base Oil Price Report
ConocoPhillips stated yesterday that it has begun selling Group III base oils at terminals on the West Coast and in the Eastern United States. The company said it will post uniform nationwide prices for the products, which are manufactured and imported by South Korea’s S-Oil.
[FULL STORY]
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E-MAIL COMMENTS TO:
Lube Report Editor
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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.
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