Since our last newsletter, we witnessed the GI & GII and some GIII postings space move during late February, March, and April 1st, for one key GII refiner. These increases ranged from 15-20 cpg$. As of this writing we are now seeing the GI & GII space announce further price... read more →
Apr
11
Mar
18
In 2022, the grease industry’s international value was estimated at $3.7 billion, and by 2029 this number is expected to reach $4.7 billion. This tracks closely with the projected increase in volume, especially in the Asia-Pacific region, from 2.62 billion liters in 2024 to 3.08 billion by 2029, growing at a... read more →
Mar
04
The thermoplastic elastomer (TPE) industry is growing faster than ever, projected to grow from about 10 million metric tons in 2025 at a rate of 5% throughout the decade. This is not surprising when you take into account the numerous industries in which TPEs play a part. Their many advantages make them... read more →
Feb
15
Process oils are used in a wide variety of applications, including extender oils which soften TPEs (thermoplastic elastomers) and EPDM (ethylene propylene diene monomer) rubbers, which make up many of the products consumers use every day. For businesses that require oils like these in their products, finding the right process oil supplier is... read more →
Feb
07
To all we hope this Market update finds you well. Let me start by saying the markets and market intel have been very fluid and dynamic. Clearly sending mixed signals from one week to the next. We are being careful to not update via an everyday play by play, but... read more →
Nov
27
A chain is only as strong as its weakest link, and your business is only as good as your raw materials supply chain. Principles from specialty oil supply logistics can strengthen it. Some of the following tips are specific to liquid raw material transportation. But some concepts are universal. Consider... read more →
Oct
18
Advancements in computing technology demand that it runs ever faster and hotter. In turn, the immersion cooling market is poised for incredible growth. Valued at $302M worldwide as of 2022, the market is expected to grow at a whopping 24.2% CAGR (compound annual growth rate) to reach $1.71B by 2030. What’s... read more →
Oct
10
In the automotive industry, the choice of high-viscosity white oil used in the production of cabin interiors matters for many reasons. Chief among them is consumer health. The release of chemicals, including volatile organic compounds (VOCs), into the interior air that drivers breathe every day is a serious health concern.... read more →
Aug
07
The internal combustion engine (ICE) is starting to give way to electric vehicles (EV) in terms of market share, and specialty oil suppliers are watching the shift closely. Oil suppliers have long provided base products to lubricant makers. Now, the industry is beginning to invest more heavily in dielectric battery... read more →
Jul
31
Global supply chains continue to face significant disruptions compared with the pre-pandemic world, and process oil suppliers are no exception. Shortages of select specialty oils used in the production of synthetic rubbers, sealants, and adhesives continue to plague the market. Process oil suppliers must rise to the challenge of filling... read more →