Home January 16, 2018

January 16, 2018

Volume 1 Issue 3

Q8 to Toll Blend for Gazpromneft-Lubricants

Russias Gazpromneft-Lubricants signed a lubricant toll blending agreement with Kuwait Petroleum Internationals Q8 Oil to increase its production volumes and presence in Europe.

Sinopec Gets Boost for South African Bid

South Africas Competition Commission has endorsed Sinopecs bid to acquire a controlling stake in Chevrons downstream operations in the country, the latest step in a back-and-forth competition for the business.

Central, Eastern European Markets Looking Up

The economies of countries in Central and Eastern Europe have been relatively buoyant in recent years, making their small and fragmented lube markets worthwhile to outsiders, an official with Hungarian lube maker Mol-Lub Ltd. said at a recent conference in Antwerp.

From Other Editions of Lube Report

Briefly Noted

Total Lubricants announced a new partnership agreement with Ratingen, Germany-based automotive parts and accessories purchasing company Temot International. The three year partnership will make Total a fully referenced supplier, allowing it to reach more regions. Durban-based Habot Marine will distribute ExxonMobils marine lubricants in the South African and Mozambican markets.

Base Oil Reports

purple world americas

EMEA Base Oil Price Report

Some base oil prices in European, Middle Eastern and African markets have started to rise by up to 15 percent after crude and feedstock levels moved to new recent highs.-by Ray Masson
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