Volume 9 Issue 20
Equinor Joins U.S. Lithium Projects
May 15, 2024Standard Lithium Ltd. announced a partnership with international energy major Equinor to develop two lithium extraction projects in east Texas and western Arkansas.
Calumet Reports Drop in Sales
May 15, 2024Calumet Specialty Products Partners L.P. reported decreased base oil and process oil sales revenue for the quarter ended March 31, while Perimeter Solutions enjoyed a surge in specialty products profit and net sales.
U.S. Wind Power Momentum Slows
May 15, 2024Installation of new wind power capacity in the United States dropped 28% in 2023 to its lowest level since 2014, the American Clean Power Association said in its annual market report, citing factors such as market saturation and changes in incentives and permitting.
From Other Editions of Lube Report
May 15, 2024EU Alleges Lube Smuggling in Italy
Briefly Noted
May 15, 2024Master Fluid Solutions yesterday announced the opening of a new warehouse and distribution center in Toledo, Ohio. The company – primarily a metalworking fluids manufacturer – said the facility will process the majority of outgoing domestic shipments, reducing supply chain risk while improving service and efficiency for its North American customers.
Correction
May 15, 2024An article in last week’s issue originally misstated the results of Quaker Chemical’s second fiscal quarter, when profits improved 19% compared to the same period a year earlier.