Volume 1 Issue 3
SSY Base Oil Shipping Report
January 16, 2018Markets 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
January 16, 2018Russias 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
January 16, 2018South 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
January 16, 2018The 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
January 16, 2018Briefly Noted
January 16, 2018Total 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.