Volume 5 Issue 5

Rosneft Ships Base Oils to Europe by Sea

Rosneft Lubricants has started sea shipments of base oils to Europe with its own bulk cargo on free-on-board commercial terms to increase its exports to the continent. Until now, the company primarily used railway to transport base oils westward, a costly practice that involved intermediaries.

Fuchs Forecasts Raw Material Shake-up

The lubricants industry – especially in Europe – will face largescale changes in coming years in the types of raw materials that will be available to it and the materials it will choose to use, an official from Fuchs Petrolub told an industry conference last week. On one hand the shift toward electric vehicles will force a big reduction in fossil fuel refining and a consequent decrease in petrochemicals, while at the same time businesses working to be more sustainable will switch to differen...

Grant Supports SKF Processing Plant

The European Commission awarded Swedish company SKF a €1.6 million grant to install and operate a stand-alone processing plant for regeneration of industrial oils in Tudela, Spain.

Infineum Restructures Executive Committee

Infineum announced last week that it is restructuring its executive committee by adding new directors in charge of sustainability, business growth and information technology.

From Other Editions of Lube Report

Eneos to Close Two Base Oil Plants

Apalene Builds PAO Plant in China

Vertex Cancels Deal with Safety-Kleen


The base oil price report in the Jan. 25 issue initially reported speculation that Chevron, after last year’s purchase of Neste’s base oil business, may not for long continue to receive base oils produced at a Sitra, Bahrain, plant that was a joint venture between Neste and Bahrain Petroleum Co. In fact, Chevron stated that it has entered a long-term agreement to receive output from the plant and to continue supplying existing customers.