Volume 4 Issue 47
United Kingdom-based used oil collector and rerefiner Slicker Recycling Ltd. on Nov. 19 announced its acquisition of transformer oil recycler Hydrodec, including its rerefinery in the United States. Hydrodec’s financial fortunes soured in recent years, while several plans for partnerships and new plants were canceled or failed to materialize.
Gazpromneft-Lubricants sold 250,000 metric tons of its automotive lubricants in the first nine months of 2021, an increase of 12% compared to the same period last year, driven by higher retail sales. The company is well on track to sell more base oils and finished lubricants for the entire year of 2021 than it did last year.
France’s lubricant demand dropped more than 10% in September, compared to the same month in 2020, but was up sequentially from August. Sales for the third quarter and year-to-date sales through September were both down slightly, compared to the same periods last year.