Volume 3 Issue 25
Survey: Russian Sales Shift to Online
June 21, 2020Russian lubricant manufacturers are slashing investment, staff and marketing projects during the Covid-19 pandemic in favor of digital incentives, according to an industry survey.
VLS Cites Hyperdrive Engine Oil
June 21, 2020United Kingdom-based Verification of Lubricant Standards announced last week that it reported an engine oil marketed by HyperDrive Lubricants to the National Trading Standards Board for failing to meet its performance claims.
May Car Sales Still Low in EU
June 21, 2020There are signs of moderate recovery in May for passenger car registrations across the European Union, according to the latest data from the European Automobile Manufacturers Association.
From Other Editions of Lube Report
June 21, 2020China’s Bohui Nixes Group II Plant
Briefly Noted
June 21, 2020A Swedish court on June 15 approved an extension of Nynas AB’s company reorganization for another three months, until Sept. 15. One of the world’s largest suppliers of naphthenic base stocks, Nynas filed for reorganization in Swedish court on Dec. 13 last year and later filed an extension to the process shortly before it was originally set to end on March 13, which gave it until June 15 to complete the reorganization.