Volume 4 Issue 51

Rosneft Sales Improved from 2020

Benefiting from expanded sales at home and abroad, Rosneft sold 208,000 tons of finished lubricants and greases in the first nine months of 2021, a 26% increase compared to the same period last year. Officials credited the improvement to introduction of new products and to the company obtaining finished lube approvals from multiple original equipment manufacturers.

UKLA President Urges More Innovation

Ongoing innovation helps ensure the lubricants industry will continue to play a role as the world transitions to a more sustainable future and continue to be seen as part of the solution, the president of the United Kingdom’s lubricants trade organization told members at a meeting last month.

France Demand Down Again

France consumed 46,886 metric tons of finished lubricants in October, once again running behind the same month of 2020, according to the latest data from the Paris-based Professional Lubricants Center. This year’s October consumption was 9% lower than October of last year. It was the fourth month of the past five that this year’s demand ran behind the corresponding month from 2020.

From Other Editions of Lube Report

Kline: Industry Shrank 10.9% in 2020

Stockholders Aim to Privatize United Global

PC-12 Development Cleared for Takeoff

Briefly Noted

Sweden-based Perstorp today announced it expanded production of trimethylolpropane by an undisclosed amount at its plant in Vercelli, Italy, to meet growing demand from the European market. Common applications for TMP include the use in esters for synthetic lubricants.