Monday, July 4, 2016   VOLUME 12 ISSUE 27  
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Tesla Selects SK Lubricants as Sole Supplier of Gearbox Oil for Its Model 3

Automaker Tesla has selected SK Lubricants as the sole provider of gearbox oil for its Model 3 electric sedan that comes out later next year. With this new Model 3 lubricant volume added to the existing Model S volume, SK’s lubricant supply is expected to almost double to about 140,000 liters annually and potentially surge to 2 million liters per year.

[FULL STORY]

More Finished Lube Price Increases

Following price increases by Shell Oil Products US, ExxonMobil, CITGO, Chevron, Valvoline, BP/Castrol and Phillips 66, as reported the past two weeks in the OEM/Lube News, independent lubricant manufacturers D-A and Chemlube International have announced finished lubricant price increases.

[FULL STORY]

Setting the Record Straight on Cam2 Reportedly Filing for Bankruptcy

Last Thursday morning, it was reported that "Colorado LV I, LLC (dba CAM2 International, LLC) had filed for Chapter 7 Bankruptcy". Later that afternoon, Jack Baker, CEO, CAM2 International, LLC, sent a letter stating that CAM2 International, LLC had previously completed an asset purchase to include the brand names of Omega Holdings Co, LLC and subsidiary Colorado LV 1, LLC (dba CAM2 International, LLC of Colorado) and it was they, not Cam2 International LLC, that filed for bankruptcy.

[FULL STORY]

Idemitsu Signs 5 Year Contract to Supply Suzuki Genuine Oil to Pak Suzuki

Idemitsu, Pak Suzuki and TOTAL Parco Pakistan have renewed the Suzuki Genuine Oil supply contract for another five years. The new contract, originally signed in 2011, was recently signed between Idemitsu and Pak Suzuki to launch a new SGO grade of Semi Synthetic SN 5W30, to be blending and supplied by Total Parco Pakistan.

[FULL STORY]

Chevron Oronite Announces New Distributor in Nigeria

Chevron Oronite has signed an agreement appointing ABD Energy Solutions Limited as their distributor in Nigeria. The agreement involves not only the sale of OLOA® additives and PARATONE® viscosity modifiers, but also providing technical and laboratory support to customers.

[FULL STORY]

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Global Lube Base Oil Specifications

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

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