Volume 3 Issue 52

2020: Year of Pandemic and Much More

For the lubricants industry in Europe, the Middle East and Africa, 2020 was dominated by the impacts of the COVID-19 pandemic while also seeing many other important developments – from new environmental regulations and a controversial quota system to a long list of mergers and capital projects.

More Aggressive Climate Tack for Europe?

The European Council recommended this month that the European Union set a more ambitious goal for reducing greenhouse gas emissions by 2030, endorsing a 55% reduction from 1990 levels compared to the current goal of 40%.

End of Nynas Restructuring Delayed One Month

Nynas AB announced yesterday that its reorganization is formally expected to be completed in January after resolving an appeal filed last week by the Swedish Tax Agency.

From Other Editions of Lube Report

After Mergers, Japan Market Diversifies

Chemical Supplier Buying Control of Kangtai

More Imports Forecast for Brazil

Briefly Noted

German lubricant and aftermarket additive manufacturer Liqui Moly announced it is repositioning itself in the United Arab Emirates to increase awareness of the company in that market, with auto parts wholesaler New East General Trading as its local partner. New East specializes in vehicles from Japanese and Korean manufacturers.