Volume 6 Issue 12
Turkey collected more waste lubricants in 2022 compared to the year before thanks to an increase in amounts gathered by Tayras, the nation’s largest rerefiner, a company official said recently. At least some of the credit has gone to adoption of recent regulations, including one that requires lubes to be made with a minimum portion of rerefined base oil.
France’s lubricant consumption increased 2% to 42,000 tons in January, compared to the same month last year, Paris-based Professional Lubricants Center reported in data released March 16. Automotive lubricants consumption edged up 2%, and the industrial segment swelled 4%, while demand for process oils was flat.
Vivo Energy, a major distributor of lubricants to retail and commercial customers across Africa, reported a slight decrease in earnings for its lubricant segment in 2022 and a 5% increase in revenue from external customers on flat lubricant sales volumes, according to its annual report released earlier this month.