Home March 26, 2019

March 26, 2019

Volume 2 Issue 13

STR Tecoil Oy Enters Russian Used Oil Market

Finnish rerefiner STR Tecoil Oy plans to start collecting and processing waste lubricants to produce base oils in Russia, the company confirmed to Lube Report.

Low-vis Oils Called Challenge to Industry

The trend towards lower-viscosity engine oils has base oil suppliers and additive companies facing ever increasing needs for more investment in technology, an industry insider said.

Nynas Launches Biobased Tire Oil

Nynas AB announced this month the introduction of a biobased rubber process oil, saying that it wants to accommodate the tire industrys growing desire for sustainable products.

Briefly Noted

Kia Motors ItalyandShell Italiasigned an extension through 2021 to their agreement for Shell to continue to provide its lubricating oils products to Kia's service center network. South Africa's Competition Tribunal gave final approval for the merger betweenGlencore South AfricaandChevron South Africa.

Base Oil Reports

purple world americas

EMEA Base Oil Price Report

Base oil markets were mixed this week as API Group I stocks showed some signs of stability while Group II and Group III markets seemed to be on rollercoaster rides.-by Ray Masson
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