Global grease production increased 8% in 2021, according to the latest survey by the National Lubricating Grease Institute, as the industry rebounded from the impacts of the COVID-19 pandemic. The survey, considered the most comprehensive check-in on the world’s grease industry, also showed a 17% jump in production in Japan and a 13% boost for …
UPDATED 8/18/2021: An astute JobbersWorld reader, Greg Kasdorf at Eastern Oil Co., contacted JW to advise that rather than summing the totals of each percentage increase in the story we ran earlier in the week (see below), the significance of the adjustments is better expressed by capturing the fact that the increases are compounded. With compounding, the …
In an unprecedented and “unique” year, suppliers have announced their fourth price increase since January 2021 on finished lubricants, greases, chemicals, coolants, DEF, and antifreeze – with hikes ranging from 7% to 18% depending on the product. The increases, which go into effect beginning July 12 and average about 12%, have been attributed to continued market …
Fourth Price Increase of 2021 on Finished Lubricants Goes Into Effect in July 2021 Read More »
Activity has not let up significantly in the United States market despite the summer holidays, with most base stocks seen as hot commodities pursued by anxious buyers, many of whom have had to cut back downstream manufacturing rates due to a shortage of certain grades and additives. However, the supply of a number of base …
BLP Petroleum Sdn Bhd had almost 20 years of experience in the market. BLP Petroleum Sdn Bhd experts to solve problems used to face by maintenance or production department in the industry. We are providing product presentations and product training to the customer. There are few factors will cause industrial face some technical problem on …
BLP – Presentation and Product Training to Our Customer Read More »
Mr. Ma Yongsheng, President of China Petroleum & Chemical Corporation and Academician of Chinese Academy of Engineering, has proposed to accelerate hydrogen energy industry development during the Two Sessions recently held in Beijing. Mr. Ma suggested devoting more efforts to top-level design, core technology R&D, standard system formulation, and industrial policy support. As a secondary …
SINOPEC – 1,000 Hydrogen Refueling Stations be Built in Next Five Years Read More »
New evidence showing the delta variant is as contagious as chickenpox and may be more dangerous than other versions of COVID has prompted U.S. health officials to consider changing advice on how the nation fights the coronavirus, internal documents show. Recommending masks for everyone and requiring vaccines for doctors and other health workers are among …
CDC team: ‘War has changed’ as DELTA variant dangers emerge Read More »
It has been another active week in the U.S. base oils market, with no signs of the “dog days of summer” so typical of years past. Demand held at steady levels, making it difficult for suppliers to catch up on orders and build inventories. Spot prices continued to be exposed to upward pressure due to …
