Volume 5 Issue 23
Some Suppliers Exit Russia, Others Don't
June 7, 2022Several foreign lubricant brands – including BP’s Castrol – are disappearing from the Russian market, but others are continuing to be sold there. Meanwhile the Russian government is trying to mitigate the effects of sanctions and international boycotts by introducing some exotic import measures that allow third parties to import brands of companies that have exited the market.
Chevron Phillips to Add New PAO Unit
June 7, 2022Chevron Phillips Chemical said today it will build a new polyalphaolefins unit in Beringen, Belgium, in response to growing global demand for the fluids. The company is targeting a 2024 startup for the unit, which will double its PAO production capacity in Belgium to 120,000 metric tons per year.
Lukoil Replaces Shell with Teboil
June 7, 2022The Torzhok, Russia, lubricant factory that Lukoil bought recently from Shell will produce products to be marketed under the Teboil brand that Lukoil owns in Finland, Lukoil announced today. Lukoil also announced that the 411 Shell gasoline stations that were part of the same deal will bear the name of the Finnish company.
From Other Editions of Lube Report
June 7, 2022Lube Production Jumps in Japan
Briefly Noted
June 7, 2022Dubai-headquartered Emirates National Oil Co. announced its Strata marine lubricants arm recorded 350% sales growth during the period of 2019 to 2021. Its expanding global footprint and supply chain, in addition to assigning distributors in key marine markets, contributed to the growth, the company said. TotalEnergies Lubrifiants extended its partnership with the European Association of Peugeot Car Dealers for the next five years, through the end of 2026. The association brings together dealers from 11 European countries.