Volume 3 Issue 39
Total Acquires Lubrilog
September 29, 2020French energy major Total announced last week that it had acquired Lubrilog SAS, thereby strengthening Total’s presence across several industrial lubricants segments and adding capacity to manufacture perfluorinated polyethether lubricants.
In Russia, Clawing Back from Lockdown
September 29, 2020Lukoil’s LLK International and Total’s subsidiary in Russia both suffered setbacks due to the country’s COVID-19 lockdown earlier this year, but both are now clawing their way back to pre-pandemic sales levels.
Brenntag Adopts New Structure
September 29, 2020Chemicals distributor Brenntag said last week that it will change its operating model by forming two units – one to supply specialty chemicals and the other to handle fine chemicals.
From Other Editions of Lube Report
September 29, 2020Firm Forecasts Quick Recovery in India
Briefly Noted
September 29, 2020Registrations of new passenger cars in the European Union fell to 769,525 in August, down 19% from 949,034 in August 2019, according to data released by the European Automobile Manufacturers Association. Among the largest EU markets, Germany and France posted the largest declines, both down 20%, while Italy had the smallest drop, 0.4%.