Volume 11 Issue 21

Azerbaijan Lube Output Edges Up

Azerbaijan produced 32,800 metric tons of industrial and automotive lubricants in 2025, according to the country’s State Statistics Committee. The country’s lubricant industry is undergoing efforts to modernize production standards and expand domestic manufacturing capacity. The country consumes around 70,000 metric tons of finished lubricants annually, according to local producer Technol, indicating continued reliance on imports to satisfy domestic demand for automotive and industrial lubri...

EVs Drive Europe’s Car Market Growth

According to industry data released Wednesday by the European Automobile Manufacturers’ Association, new car registrations in the European Union rose 4.2% in the first four months of 2026, as demand for electric and hybrid vehicles continued to grow despite geopolitical uncertainty and economic risks. The European shift toward electric and hybrid vehicles comes as parts of the US market move in the opposite direction, with several automakers recently slowing or scaling back aggressive EV plans...

Supply Anxiety Grips Turkey Base Oil Market

Turkey’s lubricant market is facing unprecedented stress on supply chains from the ongoing conflict in neighboring Iran. Financing pressure and replacement risk increasingly outweigh price in trading decisions, according to a Turkish downstream products trader.   Turkey vies with Italy to be the second-largest lubricant consumer after Germany. Automotive leads demand, with substantial factory and service fill consuming more than 250 million liters annually. Growth...

Executive Changes Across Lubricants Industry

A raft of executive appointments and leadership restructuring in the global lubricants and specialty chemicals industry is strengthening management teams and positioning businesses for growth across distribution, marketing and industrial operations. Univar Solutions said President and CEO David Jukes will transition to executive chair from July 1, 2026, as part of a wider restructuring plan. The company will reorganize into three customer-focused business segments, each led by its own chief exec...

Briefly Noted

Lanxess and HPCL Sign MoU for Aviation Lubes Lanxess and Hindustan Petroleum Corp. Ltd signed a memorandum of understanding to expand the availability of aviation and industrial lubricants across India and members of the South Asian Association for Regional Cooperation. Under the agreement, HPCL will distribute Lanxess-branded aviation and industrial lubricants through its national network.   Toyota Finds New Distributors in Pakistan Wafi Energy Pakistan and Indus Motor Company have formed ...