Volume 5 Issue 44

Russian Lube Production Falling Again

Russia’s finished lubricant production is expected to fall 7% to 1.8 million tons for the full year 2022 due to lower demand and Shell and TotalEnergies’ exit from the country, an industry observer predicted during a conference last week.

Oil Majors Invest in Battery Cooling

Shell and TotalEnergies have both announced partnerships to develop electric vehicle battery immersion cooling fluids, signaling a continued positioning of e-mobility as a strategic priority by energy majors.

Fuchs Profits Up in Third Quarter

Independent lubricants blender Fuchs Petrolub SE reported a 13% increase in net profit and higher sales in the third quarter. The company’s sales were up in all regions, including by more than 50% in North and South America.

From Other Editions of Lube Report

Eneos Closes Group I Plant

Richful Plans Additives Expansion

Brazil Group Offers Engine Oil Training

Briefly Noted

Cepsa and ExxonMobil Petroleum & Chemical BV renewed their agreement for manufacture, distribution and supply of ExxonMobil marine lubricants in Spain, Portugal and Gibraltar. The 10-year agreement expanded to include distributing and supplying lubricants in Morocco.  French company Nyco renewed a multiyear partnership agreement with easyJet for supply of Turbonycoil 600 for its fleet of Airbus 320 CEO and NEO family, lubricating easyJet’s CFM56-5B and LEAP-1A engines. EasyJet flies with Nyco’s engine oil on more than 300 aircraft.