Volume 3 Issue 36

Spain’s Market Shrank in First Half

Lubricant demand in Spain fell 21% during the first six months of 2020, compared to the same period of 2019, according to the Spain Lubricants Association, which cited impacts of COVID-19 as well as a market decline that pre-dated the pandemic.

Fuchs Invests in South Africa

Fuchs Lubricants announced that it is investing 250 million South African rand (U.S. $14.9 million) as part of a project to build a warehouse, offices and a blending plant in the country.

Russian Railway Starts Shuttling Lubes

RZD, Russia’s state railway monopoly, began shipping lubricants and other petrochemicals via express freight shuttles as part of an ongoing effort to streamline its shipment of goods.

From Other Editions of Lube Report

Shanghai Group to Set Local Standards

Gulf Base Oil Plants Weather Laura

New Grease Spec Coming to Market

Briefly Noted

Perstorp increased prices for neopentyl glycol by €100 per metric ton (U.S. $118) and for neopentyl glycol 90 by €90/t effective Sept. 1 in Europe, the Middle East and Africa. The increases are due to strong demand for NPG – which is used in production of synthetic lubricants – and a general cost increase, the Sweden-based company stated.