Beginning in April 2018, Sun Chemical and its parent company, DIC Corporation, will increase the production capacity of its DAILUBE® extreme pressure additives by 6,000 tons per annum at its eco-friendly plant in Kashima, Japan. The move will better serve customers around the globe as well as promote and deliver its trusted and market leading sulfurized extreme pressure additives into new and existing markets. Optimized for metalworking fluids used in cutting, forming and rolling, DAILUBE extreme pressure additives are light in color, low odor and available in a range of chemistries, including olefin, lard, vegetable, ester, and fatty acid. Click Read More below for additional information.

Oil rose on Tuesday as demand soaked up some of the surplus supplies from OPEC and the United States, but traders said the market was trading in a tight range and showed few signs of big short term moves. Benchmark Brent crude LCOc1 was up 70 cents at $49.12 a barrel by 1150 GMT, while U.S. light crude oil CLc1 was 65 cents higher at $46.67.

A silver lining in the global economy's post-pandemic supply-chain challenges has been policymakers' heightened attention to long-term issues hampering our domestic freight transportation networks. While shuttered Asian factories, chip shortages and other emerging chokepoints are newer problems particular to COVID-19 shutdowns, they’ve shed light on broader, systemic issues that have long impacted American trucking companies and their ability to keep the supply chain turning. Many of those issues emanate from our maritime ports, where abusive business practices by a cartel of foreign-owned ocean shipping companies have fleeced American trucking companies and U.S. consumers to the tune of billions of dollars. Fortunately, both Congress and the Biden Administration are aligned on the goal of increasing marketplace fairness in our ports and eliminating anti-competitive behavior that's enabled ocean carriers to reap record profits at the expense of truckers and consumers.