Volume 1 Issue 3

SSY Base Oil Shipping Report

Markets in Asia, Europe and the United States all got off to a fairly sedate start to the year. Encouraging signs have been seen on some, but not all, of the main routes in these areas. Things should become clearer over the next week or so.-by Adrian Brown

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.