Volume 5 Issue 46
South Korean lubricant marketer startup Seoul Innovative Technologies Corp. recently began to have lubricants produced in Russia through a toll blending agreement, the company told Lube report last week. SIT is adopting a strategy followed by numerous other Asian businesses that have flocked to Russia since Western companies exited the market in protest of Russia’s invasion of Ukraine.
BRB International announced last week the opening of a lubricant additives factory in Echt, Netherlands, a facility that will serve as the Petronas subsidiary’s global hub for lube oil additives and chemicals. Officials said the new plant will enable the company to expand production volumes as well as product offerings. The company’s existing plant in Ittervoort, Netherlands, will now focus on silicones.
The European Commission last week released a much-awaited draft of Euro 7, its next automobile emissions standard, focused on cracking down further on nitrous oxides and doubling the length of time that vehicles must comply with limits.