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Monday, January 15, 2018VOLUME 14 ISSUE 3
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BP and Castrol Renew Their Global Lube Supply Agreement with Volkswagen

BP and Castrol have announced the renewal of their successful 17 year global strategic partnership agreement with Volkswagen Group for the supply of fuels and lubricants globally. The agreement covers Volkswagen PC, Audi, Seat Skoda and Volkswagen LCV.


U.S. Base Oil Producers Announce Price Increases

Most U.S. lube base oil producers announced price increases last week, including paraffinic producers Motiva, Chevron, ExcelParalubes (Phillips 66/FHR JV), Calumet, and ExxonMobil as well as naphthenic producers Ergon, San Joaquin Refining, Calumet and Cross Oil.


Kuwait Petroleum to Blend Lubes for Gazpromneft

Kuwait Petroleum International has signed an agreement with Russia's Gazpromneft-Lubricants to toll blend lubricants for Gazpromneft at KPI’s blending plant in Antwerp, one of the largest and most up-to-date blending plants in Europe.


Another Round of Finished Lubricant Price Increases Begins

Last Friday, Cam2 International announced a price increase ranging between 6% to 10% on bulk and packaged lubricants and greases effective February 5.  The previous round of price increase announcements was during the October to November 2017 time frame by anywhere from 5% to 10%.


ELM Appoints Exclusive Distributor for Japan

Grundy Center, Iowa-based Environmental Lubricants Manufacturing, Inc., a leading US manufacturer of biobased grease and lubricants, last week announced it has entered into an exclusive distributor agreement with Chugoku Kogyo Co., Ltd., Hiroshima, as nationwide distributor of ELM products in Japan.

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