Volume 5 Issue 17
Poland Demand Jumped 10% in 2021
April 26, 2022After a pandemic-induced recession in 2020, lubricant demand in Poland rebounded last year as passenger cars returned to the road and motorists resumed maintenance. Lube sales in the country reached 241,973 metric tons in 2021, up 10% from 219,270 tons in 2020, according to a report released last week by the Polish Organization of Oil Industry and Trade.
Peter Greven Boosts Esters Output
April 26, 2022German oleochemical supplier Peter Greven GmbH announced last week that it has expanded ester production capacity at its factory in Bad Muenstereifel, Germany, by 50% in order to meet growing demand from the lubricant industry. The company, which is headquartered in Bad Muenstereifel, near the country’s western border, did not disclose the cost or size of the project.
Oqema Acquires French Distributor
April 26, 2022German chemicals distributor Oqema acquired the Orosolv Group, a French distributor of lubricants and other products, to expand and develop its business in France and strengthen its European presence. Terms were undisclosed.
Briefly Noted
April 26, 2022France’s TotalEnergies Lubricants and NEXUS Automotive International, a global group of automotive and heavy-duty parts distributors, extended their worldwide strategic partnership for a period of five years.