Volume 3 Issue 41
Oxea Boosts Isononanoic Acid Capacity
October 13, 2020OQ Chemicals – formerly Oxea – recently completed an expansion at its site in Oberhausen, Germany, increasing its isononanoic acid global production capacity by 30%. The material is used in synthetic lubricants.
Survey Shows Improving Russia Outlook
October 13, 2020An increasing number of Russian lubricant market participants report that demand is rebounding from the impacts of the COVID-19 pandemic, according to a survey conducted last month.
Europe Motorcycle Oil Demand to Stay Flat
October 13, 2020The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four years, according to a forecast that predicts demand will remain low and flat in Europe, where two-wheelers are used more for recreation.
Adnoc Offers Base Oil Guarantee
October 13, 2020Abu Dhabi National Oil Co. said Monday that it will now guarantee that its base stocks meet specified parameters for viscosity index and tendency to evaporate at high operating temperatures.
Briefly Noted
October 13, 2020Commercial vehicle registrations in the European Union declined 19% to 126,710 units in August, from 154,517 in August 2019, according to data released by the European Automobile Manufacturers Association. Over the first eight months of this year, demand for new commercial vehicles declined 28% across the EU to just over 1 million new registrations.