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Monday, January 22, 2018VOLUME 14 ISSUE 4
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Finished Lube Price Increases Continue

Last week, Shell (SOPUS Products), Martin Lubricants, Advanced Lubrication Specialties, Sinclair, Chemlube and Pinnacle Oil notified their customers of a price increase on finished lubricants. Last week, we reported that Cam2 announced a price increase on bulk and packaged lubricants and greases.


CITGO to Keep Its Headquarters in Houston

CITGO Petroleum said it will keep its headquarters in Houston, Texas despite speculation that it would move the offices of its top executives to the Caribbean, reportedly to be Aruba, following the appointment of a new CITGO CEO Asdrúbal Chávez.


Pilot Chemical to Build New Innovation Center in Pittsburgh, PA

Pilot Chemical last Tuesday announced it is investing $5 million this year – and tens of millions of dollars over the next five years – in technology and innovation. A majority of the investment will create and support a state-of-the-art Innovation Center in Pittsburgh, PA.


KH Neochem to Build Refrigeration Oil Additives Plant 

Japanese petrochemical firm KH Neochem Co., Ltd. announced that it resolved at a meeting of its Board of Directors held on December 25, 2017 to build a ¥7.5 billion (U.S. $67 million) facility in western Japan to manufacture additives for refrigeration lubricants .


CPC Vietnam Lube Plant to Open in 2019

CPC Corp., Taiwan state-owned petroleum company, announced that its lubricant blending plant in Vietnam’s Dong Nai Province will start production by the end of next year. The lube blending plant will have an annual capacity of 32,000 kiloliters of lubricants and solvents.


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