Region

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What’s Retarding Russian Lubes?

Lube Report - June 20, 2012

MOSCOW – Russias inability to produce high quality base oils and lube additives is problematic, but the bigger iss ...

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Fuchs Invests $5M in Australia

Lube Report - June 20, 2012

Independent lubricant blender Fuchs Petrolub plans a A.$5 million expansion in Australia of its Sunshine facility and a ...

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Gazprom Ready to Blend Big

Lube Report - June 6, 2012

Gazprom Neft opened its new 70,000 metric tons per year lubricants blending plant in Omsk, Western Siberia, and expects ...

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Repsol Expansion Plans Continue

Lube Report - June 6, 2012

Spains Repsol YPF changed its name to Repsol S.A. after Argentinas nationalization of YPF, and indicated a base oil expa ...

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Evonik Thinks Big in Asia-Pacific

Lube Report - May 30, 2012

Evonik Oil Additives plans to build a new plant in the Asia-Pacific region to almost double current lubricant additives ...

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Rusoil Plant Sold in Russia

Lube Report - May 30, 2012

Neftgazsbyt acquired a 51.9 percent stake in the Mendeleev-Rusoil fuel refinery and lubricants plant from Slavneft for a ...

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Good Prospects for Russias PAOs

Lube Report - May 23, 2012

The production of PAOs in Russia could resume by 2014 once a major petrochemical company completes recently authorized m ...

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Germanys Grease Sales Rebound

Lube Report - May 23, 2012

Todays economic forecast may be cloudy, but the past two years were good for Germany’s grease industry, with sales ...

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Bahrain Group I Plant Opening in June

Lube Report - May 23, 2012

Bahrains first base oil plant was a large API Group III joint venture that opened late last year. The second is a tiny G ...

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Russia Refiners Fight Export Tax

Lube Report - May 16, 2012

Russias Ministry of Economic Development yesterday said the government will review exempting base oil from the new expor ...

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Bulgarian Oil Firm Gets Funding Injection

Lube Report - May 16, 2012

ADM Capital and the European Bank for Reconstruction and Development (EBRD) jointly paid 48 million (U.S. $61 million) f ...

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Infineum to Add in Asia

Lube Report - May 9, 2012

Infineum announced plans to build a new lubricant additive manufacturing complex in China, subject to approval by its Bo ...

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China Lubes Boom on

Lube Report - May 9, 2012

MOSCOW – Driven by strong demand for premium products, China imported a record 2.7 million tons of base oil last y ...

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Rosneft’s Base Oil Press

Lube Report - May 2, 2012

MOSCOW — Almost all vertically integrated oil companies in Russia have plans to upgrade their base oil plants, but ...

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Sales Rise, Profits Slide in Seoul

Lube Report - May 2, 2012

South Korean base oil refiners SK Lubricants and S-Oil both reported drops in operating income while claiming revenue in ...

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Pars Expands Grease Output

Lube Report - May 2, 2012

Irans Pars Oil is preparing to open a second grease plant at its refinery near Tehran. Officials said the new plant, whi ...

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Valvoline Steps over BP into Russia

Lube Report - April 25, 2012

U.S. lubricants and chemicals producer Ashland Inc. and Russias TNK-BP signed a five-year agreement to distribute Valvol ...

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Argentina Blasted for YPF Nationalization

Lube Report - April 18, 2012

Spanish refiner Repsol and Spains government blasted Argentinas decision to nationalize oil and gas company YPF SA, whic ...