Eaton has added two new synthetic transmission fluid specifications, PS-386 and PS-278 along with lubricant naming revisions. These were announced by Eaton during the 2016 Heavy Duty Aftermarket Week conference January 25-28 in Las Vegas. The new lubes are part of a move to rebrand the company’s entire lubricant offerings under the Eaton name and standardize labeling.

After 34 years, the iconic 1982 model DeLorean automobile, created by former General Motors executive John DeLorean and made famous by the "Back to the Future" film, is going back into production, Stephen Wynne, the company's CEO said last week. The prices for the DeLoreans run from $45,000 to $55,000 for a refurbished vehicle to close to $100,000 for one off the assembly lines.

Valvoline recorded another strong performance in its fiscal first quarter ended December 31, 2015, with volume growing 4 percent and earnings before tax climbing 10 percent, to $101 million. This marks the ninth consecutive quarter of year-over-year EBITDA growth. Total sales declined 7 percent to $456 million.

Chevron last Friday reported a loss of $588 million for the fourth quarter 2015, compared with earnings of $3.5 billion in the 2014 fourth quarter. Full-year 2015 earnings were $4.6 billion compared with $19.2 billion in 2014. Sales and other operating revenues in fourth quarter 2015 were $28 billion, compared to $42 billion in the year-ago period.

Chevron Pakistan Lubricants last Wednesday announced more than PKR 2 billion (USD19 million) of investment over the next three years to increase the capacity of its lube blending plant in the West Wharf area of Karachi from 55 million litres to 75 million litres per year, and to improve its distribution network across the country.

• Chevron Reduces Prices of Its USGC 100R (by 10 CPG), 220R (by 15 CPG) and 600R (by 20 CPG) Effective 1/27/16
• Ergon Decreases Price of Its Naphthenic Base Oils by 20 CPG Effective January 27
• Terex Receives $3.3 Billion Cash Unsolicited, Non-binding Acquisition Offer from China's Zoomlion Heavy Industry Science and Technology Co. 
• Kline's Index of Base Stock Production and Re-refining Cash Margins Indicates a Downward Turn for Profitability
• Global Wax Industry is Bound to Experience Future Shortages, Sees Kline