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Monday, November 28, 2016VOLUME 12 ISSUE 48
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Synthetic Lubricants, the Solitary Bright Spot in an Otherwise Dark Global Lubricant Market

Synthetic lubricants is the solitary bright spot in an otherwise dark global lubricant market. Overall synthetics penetration is expected to expand from 17% of total global lubricant demand in 2015 to 22% in 2020, despite low-no volumetric lubricant growth, according to a report from consultancy Kline & Co.


Shell Lubricants Retains Market Leadership for 10th Consecutive Year

Shell Lubricants announced last Tuesday it has retained its global market leading position in 2015 with 11.6% market share, according to a Kline & Company's report. This is the tenth consecutive year that Shell Lubricants has been named the number one global lubricants supplier.


Cosan Lubrificantes is Now Named Moove

Brazil's Cosan announced last week that Cosan Lubrificantes is now called Moove. Since 2008, when Cosan acquired ExxonMobil do Brasil, the brand went through a few transitions, from Esso changed to Cosan Combustíveis e Lubrificantes, and then only Cosan Lubrificantes, and now Moove.


Nynas Naphthenics Posts Lower 3Q 2016 Earnings

Operating earnings before depreciation during the third quarter for Nynas Naphthenics segment decreased to SEK 265 (US$28.5) million (compared to SEK 336 million in the 2015 third quarter). Although third quarter Naphthenics sales revenue decreased compared to the third quarter in 2015, overall sales volumes were up 8 per cent for the quarter.


Hydrodec UK Is Now Slicker Recycling

Hydrodec UK has rebranded itself as Slicker Recycling Ltd., the company announced earlier this month. In March of this year, London-based Hydrodec Group sold its UK operations, Hydrodec UK, to British entrepreneur Andrew Black for £1 (USD1.23) including the transfer of around £1.2 million of existing third-party indebtedness.


Global Lube Base Oil Specifications

API Group I
API Group II
API Group IV
API Group V

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