Volume 4 Issue 3
Naftan Aims for More Group III
January 19, 2021Naftan wants to upgrade base oil production at its refinery in Novopolotsk, Belarus, by increasing output of API Group III stocks by 2026, according to a recent letter sent to clients.
France Data Again Suggests Rebound
January 19, 2021Lubricant sales in France were 2% lower in November than in the same month of 2019, according to data released recently by an industry organization, further evidence that the French market has made a significant rebound from the impacts of the coronavirus pandemic.
EU Car Sales Fell in 2020
January 19, 2021Passenger car registrations in the European Union dropped by 23.7% to 9.9 million units in 2020 because of the COVID-19 pandemic and measures taken to contain it, according to the European Automobile Manufacturers Association.
From Other Editions of Lube Report
January 19, 2021India May Break Up Balmer Lawrie
Briefly Noted
January 19, 2021Gothenburg, Sweden-based AB SKF appointed Rickard Gustafson president and CEO. Gustafson, currently president and CEO of Scandinavian airline SAS Group, will succeed Alrik Danielson and join SKF during the first half of 2021. SKF offers solutions around the rotating shaft, including bearings, seals, lubrication, condition monitoring and maintenance services.