Volume 1 Issue 9
SSY Base Oil Shipping Report
February 27, 2018Business has been reasonably active across the majority of U.S. trade lanes this week. Several European routes enjoyed a busy week, but others were left dangling. Asia was quiet due to the holidays.-by Adrian Brown
Chemlube to Distribute for Adnoc
February 27, 2018Abu Dhabi National Oil Co. signed an exclusive agreement last week for Chemlube S.A. to distribute its API Group III base oils in Europe.
Russian PAO Plant Restarts
February 27, 2018A plant in Nizhnekamsk restarted its polyalphaolefin production after an eight-year hiatus that was due to lack of feedstock supply and sanctions imposed by the international community on several Russian oil majors.
Strong Year for Fuchs, Nynas
February 27, 2018Fuchs Petrolub SE and the naphthenic business unit of Nynas reported increased profits and sales for 2017.
From Other Editions of Lube Report
February 27, 2018Briefly Noted
February 27, 2018Castrol appointed Heike van de Kerkof head of its Europe and Africa lubricants business. Previously, she worked with DuPont in various regional and global senior sales, marketing and venturing positions, and as a non-executive director of Neste Oil. German chemicals distributor Brenntag will start distributing Helsinki-based Nestes Nexbase Group III base oils in Greater China starting April 1. Kluber Lubrication Munich SE & Co. launched an optimization project with independent spend management company Jaggaer to strengthen Klubers supplier management and communications.