Volume 2 Issue 31
There have not been any particular developments in the U.S. markets. Europe is similar, if perhaps a touch quieter than previously. Asia too is gently ticking over.-by Adrian Brown
Lukoil sold 875,000 metric tons of finished lubricants in 2018, up from 863,000 tons in 2017, according to the Russian companys latest performance report. It attributed the increase to growing domestic demand for petrochemical products.
The non-profit organization that manages the recycling of used lubricants in Spain raised its subsidy for oil collection and rerefining by 17 percent during the second quarter in order to offset declining base oil prices.
Polish oil refiner Orlen SA is building a 30,000 metric tons per year propylene glycol and glycerol plant at its refinery in Trzebinia near Katowice.