Region

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 ...

Cyclevia Boosts France’s Used Oil Sector

Cyclevia Boosts France’s Used Oil Sector

Lube Report EMEA - April 19, 2022

A French association of lubricant suppliers this month announced the formation of Cyclevia, a nonprofit organization tas ...

France’s Lube Demand Declines

France’s Lube Demand Declines

Lube Report EMEA - April 19, 2022

France’s finished lubricant consumption declined to 42,319 metric tons in February, a 7% decline from the same month l ...

Additive

South Korea Base Oil Exports Slip

Lube Report Asia - April 15, 2022

South Korea’s base oil export volume for March was down 2% year to year, after being flat for two consecutive months, ...

Fuchs Plans Lube Plant in Vietnam

Fuchs Plans Lube Plant in Vietnam

Lube Report Asia - April 15, 2022

A year after forming a joint venture in Vietnam, Fuchs Petrolub SE has purchased land to build a finished lubricant fact ...

Earnings Jump for Richful, Lopal

Earnings Jump for Richful, Lopal

Lube Report Asia - April 15, 2022

Chinese companies Jiangsu Lopal Tech Co. and Richful Lube Additive Co. each reported increases in profits for the fourth ...

Three Bids in for Curacao Refinery

Three Bids in for Curacao Refinery

Lube Report Americas - April 13, 2022

Refineria di Kursou, the Curacao government agency that owns the Isla Refinery, received three bids from interested part ...

Additive

Mexico Says Fuel Smuggling has Jumped

Lube Report Americas - April 13, 2022

A Mexican government agency complained recently that fuel smuggling in the country has more than doubled since 2018 and ...

Brazil Base Oil Output Fell in February

Brazil Base Oil Output Fell in February

Lube Report Americas - April 13, 2022

Brazil’s production of base oil – mostly API Group I – dropped 15% in February, and imports were down by more than ...

Additive

Mixed Actions of Lube Suppliers in Russia

Lube Report EMEA - April 12, 2022

Seven weeks into Vladimir Putin’s invasion of Ukraine, the number of foreign businesses vowing to leave Russia or scal ...

Perstorp Announces Another Expansion

Perstorp Announces Another Expansion

Lube Report EMEA - April 12, 2022

Specialty chemical supplier Perstorp AB will build a new plant at an existing site in Sweden to bring an additional 70,0 ...

Eastern Lubricants’ Earnings Fall

Eastern Lubricants’ Earnings Fall

Lube Report Asia - April 8, 2022

Bangladesh’s Eastern Lubricants Blenders Ltd. reported steep drops in profit and revenue for the quarter ending Dec. 3 ...

Renewables to Drive China’s Carbon Reduction

Renewables to Drive China’s Carbon Reduction

Lube Report Asia - April 8, 2022

An increase in renewable power in China to support the country’s strong growth in electrification is expected to be ke ...

U.S. Base Oil Production Declines

U.S. Base Oil Production Declines

Lube Report Americas - April 6, 2022

United States base oil output declined more than 10% in January, compared to the same month last year, and was down 8% f ...

Sanctions Set to Staunch Russian Base Oils

Sanctions Set to Staunch Russian Base Oils

Lube Report EMEA - April 5, 2022

The effective date is approaching for a European Union ban on purchases from government-controlled Russian oil companies ...

Additive

IPO Considered for Luberef

Lube Report EMEA - April 5, 2022

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to rai ...

Evonik Adds Isobutene Derivatives Capacity

Evonik Adds Isobutene Derivatives Capacity

Lube Report EMEA - April 5, 2022

Evonik said March 30 that it has invested at least €10 million to increase capacity for isobutene derivatives by more ...

U.S. Base Oil Production Completes Rebound

U.S. Base Oil Production Completes Rebound

Lubes'n'Greases - April 1, 2022

Despite the ongoing pandemic and tough economic conditions, base oil production in the United States achieved full rebou ...