Volume 4 Issue 13
A finished lubricant blending facility was installed late last year at the site of Russia’s only polyalphaolefin plant and promptly leased to Taif Lubricants, which is also marketing the products. The Kazan-based business said it expects to soon be making money on the operation.
Fuchs Petrolub SE opened a polyurea lubricating grease factory at its Kaiserslautern, Germany, site, the company announced last week. The new facility is part of a multi-year project to expand the company’s production. The company, which is based in Mannheim, Germany, said the plant cost €25 million but did not disclose its production capacity.
Repsol said recently that a joint venture strategy has helped its lubricant business grow by 40% over the past five years. The Spain-based company added that it aims to expand another 50% over the next five years, largely by focusing on markets in Europe, South America and Southeast Asia.