Volume 3 Issue 35

Spanish Market Shrank Before Pandemic
August 31, 2020Spain’s lubricants consumption began fading last fall and then declined sharply earlier this year due to the impacts of COVID-19 – dropping more than 50% year-on-year in April – according to a recent report.

Rubis Acquires Tepsa
August 31, 2020Rubis Terminal recently acquired Tepsa, a Spanish company that provides storage for bulk base oil, lubricants and other petroleum products. Terms were not disclosed.

Survey Studies Impacts of Rouen Fire
August 31, 2020France’s public health agency is conducting a survey to assess health and quality of life impacts of a September 2019 fire at a Lubrizol lubricant additive factory in the northern city of Rouen.
Briefly Noted
August 31, 2020MRS Oil Nigeria Plc, which has a lubricants blending business unit, appointed Samson Adejonwo chief financial officer (CFO). Sampson previously was financial manager for MRS Oil and Gas Ltd.