Europe

EMEA Base Oil Price Report

January 3, 2023

This week will start the return of many to workplaces and the restart of operations in blending plants across the regions. Base oil trade throughout E ...

Castrol and German bearings and drive technologies supplier Schaeffler signed a global contract to develop and manufacture new greases for wind energy ...

Russian refiners are bracing for the impact of the European embargo for their petroleum products including base oils and lubricants – the first such ...

EMEA Base Oil Price Report

December 27, 2022

As the calendar turns toward the New Year, base oil markets around Europe, the Middle East and Africa are quiet, with more operations closed down than ...

France Lube Demand Falls

December 20, 2022

Lubricant consumption in France declined 8% to 43,869 metric tons in October, compared to the same month last year, Paris-based Professional Lubricant ...

Gazpromneft-Lubricants’ new 220,000 metric tons per year API Group II and III base oil plant is almost completed, with assembly works about to wrap ...

Swiss lubricants company Panolin announced last week a name change to Laemmle Chemicals AG and that it will change its oil brand name early next year. ...

EMEA Base Oil Price Report

December 19, 2022

As base oil trading starts to slow ahead of the Christmas and New Year celebrations, buyers are less active even in areas not observing the Christian ...

Dussur Buys Stake in Italmatch

December 13, 2022

Saudi investment firm Dussur has agreed to buy a minority stake in Italmatch Chemicals, a growing Italy-based company that supplies esters and chemica ...

EMEA Base Oil Price Report

December 13, 2022

The hot news this week is that Russian companies are encountering problems chartering vessels for cargoes of petroleum products, including base oils. ...

A pilot plant in France to purify polyether-perfluorinated lubricants contaminated by uranium is among the projects earmarked for funding by the Frenc ...

Oleochemical producer Oleon acquired a blending plant in Conroe, Texas, the company announced this week. Oleon’s esters are used in lubricants, incl ...

E-commerce channel is evolving into an important growth channel that can help lubricant companies increase visibility and sales, and it’s important ...

EMEA Base Oil Price Report

December 6, 2022

The principal news this week is that G7 countries and the European Union have established a price cap of $60 per barrel for any purchases of Russian c ...

The global lubricants market will stagnate through 2050, with sluggish demand for transportation lubricants estimated to fall 1.1% per year on average ...

EMEA Base Oil Price Report

November 29, 2022

Base oil markets throughout Europe, the Middle East and Africa are desperately quiet, with weak demand across the board. Until now, there have always ...

EMEA Base Oil Price Report

November 22, 2022

The oversupply of base oils that rapidly developed during the third quarter now appears to be gradually defusing, thanks largely to many refiners shif ...

France’s lubricant consumption was flat at 44.4 million tons in September, nearly unchanged from the same month last year, Paris-based Professional ...

The shift to electric vehicles will make a significant dent in global passenger car motor oil demand within 20 years, attendees at an industry confere ...

EMEA Base Oil Price Report

November 15, 2022

Globally, demand for base oils and finished lubricants is largely down from previous years, even from late-year performance during the COVID-19 era. P ...