Europe

EMEA Base Oil Price Report

September 12, 2023

Base oil markets in Europe, the Middle East and Africa are reeling from a developing situation where API Group I base oils no longer command a price p ...

Western motor oil brands continue to lose shares of sales in and around Moscow, while domestic and Korean brands have taken up slack since last summer ...

Finished lubricants demand in Germany, including process oils, dropped 22% in June, continuing a trend of year-on-year decreases every month this year ...

Valvoline Global last week announced that it has made an equity investment in Haertol Chemie GmbH, a German manufacturer of automotive antifreeze.

Researchers at Germany’s Fraunhofer Institute for Mechanics of Materials say they have developed a virtual lab to predict effects of electrical fiel ...

Gazprom Neft’s new 220,000 metric tons per year Group II and III base oil production in Omsk is scheduled to start streaming by the end of September ...

EMEA Base Oil Price Report

September 5, 2023

As base oil markets in Europe, the Middle East and Africa return to almost normal working conditions, commentators are forecasting increasing demand f ...

A waste oil rerefinery and lubricant manufacturing complex will be constructed in Mersin province in southeastern Turkey, the local government said in ...

EMEA Base Oil Price Report

August 29, 2023

As players return to action following the summer break, base oil markets are poised for what could be a busy time, with prices rising for some oils an ...

An Italian mutual funds investment firm acquired a majority stake in Italian lubricants and greases producer Pakelo Motor Oil, which said the deal wil ...

Approximately 500,000 metric tons of waste lubricants are collected in Russia each year, but the vast majority is reused as fuel, according to governm ...

EMEA Base Oil Price Report

August 22, 2023

Base oil demand in Europe, the Middle East and Africa has undergone a mini-spike that certainly was not forecast for August. Demand for API Group I an ...

EMEA Base Oil Price Report

August 15, 2023

Base oil markets in Europe, the Middle East and Africa are once again defying forecasts, with demand surging during a month that is normally sleepy as ...

Russia imported 282,000 tons of motor oils in 2022, and more than half of that was shipped from Asia, according to a new study, reflecting the ongoing ...

Domestic lubricant sales in Germany, including process oils, declined 10% in May according to data released Aug. 8 by a German government agency. The ...

BASF will expand its capacity to produce medium-molecular weight polyisobutenes at its Verbund petrochemical refinery in Ludwigshafen, Germany, in res ...

With the summer holiday period in full swing, base oil markets across Europe, the Middle East and Africa are exceptionally quiet, with few new dealing ...

Exorbitant prices for car parts and accessories are discouraging Russian motorists from visiting large stations for service, including oil changes, an ...

The holiday season is officially underway in the European, Middle Eastern and African base oil markets, although many players and participants have be ...

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impacts from price increases insti ...