Europe

Groupe Berkem Acquires Oilseed Miller

Groupe Berkem Acquires Oilseed Miller

April 4, 2023

French biobased chemistry company Groupe Berkem yesterday announced completion of its acquisition of Biopress, a French ...

Spain Demand Declined in 2022

Spain Demand Declined in 2022

March 28, 2023

Spain’s lubricant demand decreased 2% in 2022, remaining short of the country’s pre-pandemic level of consumption, t ...

Research Project Targets Smart Lube Management

Research Project Targets Smart Lube Management

March 28, 2023

Spain’s Ministry of Science and Innovation and the European Union, through its Next Generation fund, are financing a p ...

Group I Plants Closing, Groups II and III Growing

Group I Plants Closing, Groups II and III Growing

March 24, 2023

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I ...

France Lube Demand Rose Slightly in January

France Lube Demand Rose Slightly in January

March 21, 2023

France’s lubricant consumption increased 2% to 42,000 tons in January, compared to the same month last year, Paris-bas ...

Waste Oil Collection Increases in Turkey

Waste Oil Collection Increases in Turkey

March 21, 2023

Turkey collected more waste lubricants in 2022 compared to the year before thanks to an increase in amounts gathered by ...

KLK Acquires Oleo Maker Temix

KLK Acquires Oleo Maker Temix

March 14, 2023

KLK Oleo acquired a controlling stake in Italian oleochemical producer Temix Oleo, the companies announced. The move exp ...

TotalEnergies Relinquishes Russia Plant

TotalEnergies Relinquishes Russia Plant

March 14, 2023

French oil major TotalEnergies handed over management of its Russia lubricant business to a Russian entity, and the tran ...

Fuchs Overcame Costs to Increase Profit in 2022

Fuchs Overcame Costs to Increase Profit in 2022

March 14, 2023

Independent lubricants blender Fuchs Petrolub SE reported a 2% increase in profits after tax in 2022 and a 19% bump in ...

German Lube Demand Dropped in 2022

German Lube Demand Dropped in 2022

March 7, 2023

Domestic lubricant demand in Germany decreased 5% in 2022 and was down 17% for December, compared to the same periods in ...

An Update on the Russian Lubricants Market

An Update on the Russian Lubricants Market

March 1, 2023

It’s been a year since Russia invaded Ukraine. How has the fallout affected the lubricants market in the region and ab ...

Additive

Oleon to Double Size of Belgium Unit

February 28, 2023

Belgian oleochemical producer Oleon will double the capacity of its isostearic acid and dimer production unit in Ertveld ...

PKN Orlen Earmarks Funds for Group II, III

PKN Orlen Earmarks Funds for Group II, III

February 21, 2023

PKN Orlen S.A. announced a $312 million investment to complete construction of its API Group II and III base oil plant i ...

Used Oil Collection Flat in Spain

Used Oil Collection Flat in Spain

February 21, 2023

The collection of used oil in Spain was flat in the first nine months of this year, virtually unchanged from the same pe ...

Ban on Russian Base Oils Begins; No Price Cap

Ban on Russian Base Oils Begins; No Price Cap

February 7, 2023

A fuller ban on Russian oil imports to the European Union took effect on schedule last weekend, but the bloc and allies ...

Castrol Earnings Took Hit in Quarter, 2022

Castrol Earnings Took Hit in Quarter, 2022

February 7, 2023

BP reported today that profits for its Castrol lubricants business fell 32% in 2022 and dropped 67% in the fourth quarte ...

Germany Demand Dipped in November

Germany Demand Dipped in November

February 7, 2023

Germany's domestic lubricant demand decreased 4% to 55,842 tons in November, according to data released Feb. 1 by a Germ ...

Waste Oil Collection Declines in Turkey

Waste Oil Collection Declines in Turkey

January 31, 2023

Of the waste automotive lubricants generated in Turkey in 2021, just 11% was collected for further use, according to a r ...