Volume 5 Issue 51
Gazpromneft-Lubricants’ new 220,000 metric tons per year API Group II and III base oil plant is almost completed, with assembly works about to wrap up and preparations being made for prelaunch testing, the company said recently. The company originally contracted to license technology for the project from ExxonMobil, but the American energy giant said it withdrew from the deal after Russia invaded Ukraine.
Lubricant consumption in France declined 8% to 43,869 metric tons in October, compared to the same month last year, Paris-based Professional Lubricants Center reported in data released Dec. 15. Automotive lubricants consumption dropped 13%, industrial lubricants decreased 2% and process oils usage fell 4%.
Swiss lubricants company Panolin announced last week a name change to Laemmle Chemicals AG and that it will change its oil brand name early next year. These changes follow the transfer of its bio-lubricants division with the trademark rights to Shell in November.