Maritime emissions regulations that took effect at the start of this year led the shipping to shift to low-sulfur fuel oils, in turn causing a transition from base number 70 or BN 100 grades cylinder oils to novel BN 40 products, industry sources told Lube Report.

One of Azerbaijan’s few lubricant producers is a three-year-old start-up that is using just a fraction of its manufacturing capacity. But Technol officials say the company is growing and that it aims to become a major player in its home market while also developing an export business.

Passenger car registrations in the European Union dropped a record 76 percent in April to 270,682, compared to April last year, reflecting the first full month with Covid-19 pandemic restrictions in place, according to the European Automobile Manufacturers Association.