Africa

In COVID’s Wake, Maximus Expands

In COVID’s Wake, Maximus Expands

Lube Report Asia - September 23, 2022

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. ...

Russian Lube Production Close to 2020 Level

Russian Lube Production Close to 2020 Level

Lube Report EMEA - August 30, 2022

Russia produced around 600,000 metric tons of finished lubricants in 2021, a slight increase from the previous year, acc ...

Ardova Posts Bigger Loss

Ardova Posts Bigger Loss

Lube Report EMEA - August 23, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in ...

Earnings Decrease for Castrol, Conoil

Earnings Decrease for Castrol, Conoil

Lube Report EMEA - August 9, 2022

BP’s Castrol segment reported a decrease in underlying replacement cost before interest and taxes for the second quart ...

Adnoc Buys Stake in TotalEnergies Egypt

Adnoc Buys Stake in TotalEnergies Egypt

Lube Report EMEA - August 2, 2022

United Arab Emirates-based Adnoc Distribution expanded into Egypt with the acquisition of a 50% stake of French energy c ...

Maximus Expands in East Africa

Maximus Expands in East Africa

Lube Report EMEA - July 19, 2022

Indian lubricants blender Maximus International Ltd. plans to triple its production capacity in East Africa, the company ...

Ardova Reports Jump in Earnings

Ardova Reports Jump in Earnings

Lube Report EMEA - July 12, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported an increase of more than 200% in ...

Plugging Benefits of Digitalization

Plugging Benefits of Digitalization

Lube Report EMEA - June 14, 2022

Digitalization of sales and supply activities can help lubricant companies to manage their businesses more efficiently a ...

Technology to Battle Substandard Lubes

Technology to Battle Substandard Lubes

Lube Report EMEA - May 3, 2022

Nigeria’s government and industry have worked for years to staunch the flow of substandard lubricants in the country. ...

TotalEnergies Opens Plant in Algeria

TotalEnergies Opens Plant in Algeria

Lube Report EMEA - April 19, 2022

TotalEnergies has opened a lubricant blending plant on Algeria’s Mediterranean coast to cater to the growing market in ...

Conoil Posts Higher Earnings

Conoil Posts Higher Earnings

Lube Report EMEA - March 29, 2022

Nigerian lubricants blender and marketer Conoil reported higher gross profit and sales for the fourth quarter of 2021 as ...

Additive

Al-Manar Opens Lube Plant in Egypt

Lube Report EMEA - March 15, 2022

Al-Manar, an Egyptian automotive parts dealer and lubricant blender, announced it started operations at a new production ...

Ardova Loss Gets Bigger

Ardova Loss Gets Bigger

Lube Report EMEA - March 1, 2022

Nigerian blender and distributor Ardova PLC reported an enlarged operating loss and higher sales revenue for its lubrica ...

Sapref to Pause Operations in March

Sapref to Pause Operations in March

Lube Report EMEA - February 15, 2022

The South African base oil market will become completely import-dependent from March when Sapref – the joint venture b ...

Profit, Revenue Jump at Ardova

Profit, Revenue Jump at Ardova

Lube Report EMEA - November 16, 2021

The lubricants and greases segment of Nigerian blender and distributor Ardova Plc posted an increase in net profit and a ...

Additive

Azelis Acquires African Distributor Umongo

Lube Report EMEA - October 26, 2021

A subsidiary of specialty chemicals distributor Azelis will acquire 90% of the shares of South Africa-based lubricants, ...

Chevron Grows East African Partnership

Chevron Grows East African Partnership

Lube Report EMEA - September 21, 2021

African Fuels & Lubricants Manufacturing Ltd. of the Tristar Group will blend, distribute and market Chevron Brands ...