Regulations

Belarus Halts Exports of Base Oils, Lubes

Belarus Halts Exports of Base Oils, Lubes

Lube Report EMEA - January 14, 2020

Belarus halted exports of base oils and finished lubricants this month in an effort to mitigate a potential energy crisi ...

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Nynas Regains Access to Bank Accounts

Lube Report EMEA - January 14, 2020

Nynas AB regained access to its bank accounts and will pay off expenses incurred during the past month, taking a step to ...

IMO 2020 Changes Shipping Rules

IMO 2020 Changes Shipping Rules

Lube Report Asia - January 10, 2020

The International Maritime Organizations IMO 2020 regulation was implemented at the start of the year, heralding big cha ...

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Nynas Files for Reorganization Protection

Lube Report EMEA - December 17, 2019

Nynas AB, one of the worlds largest suppliers of naphthenic base stocks, filed for reorganization protection in a Swedis ...

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IMO 2020 Brings Increased Base Oil Freight Costs

Lube Report EMEA - December 17, 2019

Compliance with the looming IMO 2020 will impact the cost of freight for African lubricant blenders, and some were advis ...

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Base Oil Quota Pressures European Market

Lube Report EMEA - December 10, 2019

Following the European Commissions adoption last month of a quota on duty-free API Group II base oil imports, industry s ...

IMO 2020 Approaches

IMO 2020 Approaches

Lube Report Americas - November 27, 2019

With the IMO 2020 regulation on marine fuels scheduled to take effect in just over a month, vessel operators and ports a ...

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Calumet Fined for Inaccurate Earnings Report

Lube Report Americas - November 27, 2019

The Securities and Exchange Commission on Nov. 25 charged Calumet Specialty Products Partners L.P. with posting an inacc ...

EU Moves Toward Group II Quota

EU Moves Toward Group II Quota

Lube Report EMEA - November 19, 2019

The European Commission last week adopted a quota for API Group II base oil imports, determining that volumes above 400, ...

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Free Trade Agreement Benefits African Blenders

Lube Report EMEA - November 12, 2019

The African Continental Free Trade Agreement that went into force in May benefits Africas lubricants blenders by reducin ...

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Tianhe Trading Remains Suspended

Lube Report Asia - November 8, 2019

Tianhe Chemicals Groups trading privileges on the Hong Kong Stock Exchange will remain suspended until further notice, t ...

Chile Enacts Recycling Regulation

Chile Enacts Recycling Regulation

Lube Report Americas - November 6, 2019

Chile enacted a law last week that aims to recycle used lubricants by giving producers and end-users responsibilities to ...

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Neste Writes Off Stake in Nynas

Lube Report EMEA - October 29, 2019

Neste stated last week that it has written off its holding in Nynas, an admission of the difficulties that the joint ven ...

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Kenya Urged to Cut Import Duties

Lube Report EMEA - October 8, 2019

Ola Energy urged the Kenyan government last week to lower its import duties on base oils and lubricant additives to allo ...

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Citgo Under Threat Again After Ruling

Lube Report Americas - October 2, 2019

A United States appeals court lifted a hold Monday on Crystallex International Corp.s efforts to seize shares of refiner ...

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EPA Clarifies Chlorinated Paraffin Stance

Lube Report Americas - September 25, 2019

The Environmental Protection Agency issued significant new use rules on Sept. 18 under the Toxic Substances Control Act ...

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Hi-Tech Claims Found Misleading

Lube Report Asia - September 20, 2019

The Competition Commission of Pakistan served notice last month of a finding that Hi-Tech Blending (Pvt) Ltd. used false ...

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China Exempts Lubes from Tariffs

Lube Report Asia - September 13, 2019

Chinas Customs Tariff Commission of the State Council yesterday announced a trial program to exclude 16 types of U.S. pr ...