Volume 3 Issue 27

EU Group II Imports Stay Below Quota

By a slender margin, base oil traders stayed within the half-year 200,000 metric ton quota on API Group II imports into the European Union, probably because of depressed demand due to the COVID-19 pandemic’s chilling of economic activity.

European Grease Volumes Drop

Europe reported slightly lower grease production in 2019, according to a survey conducted by the United States-based National Lubricating Grease Institute.

Lukoil Lube Output Up in 2019

Russian lubricant maker Lukoil boosted production at its stand alone lubricant blending plants by 5 percent to 138,000 metric tons in 2019, thanks to the launch of a sixth facility in Kazakhstan, according to the company’s annual performance results report.

From Other Editions of Lube Report

Kangtai Builds Additive Factory

Fergana Upgrade on Track for 2023

Mixed Results for Indian Companies

Briefly Noted

France’s Total Lubrifiants became official sponsor and industrial partner of Italian electric motorcycle manufacturer Energica under a new international partnership that continues until the end of 2022. Under the partnership, Energica’s electric motorcycles will use Total Lubrifiants’ lubricants, greases and related products.