Volume 6 Issue 12
Waste Oil Collection Increases in Turkey
March 21, 2023Turkey 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 Lube Demand Rose Slightly in January
March 21, 2023France’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 Lubes Profit Swells on Flat Volumes
March 21, 2023Vivo 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.
From Other Editions of Lube Report
March 21, 2023Aussie Lithium Hydroxide Plant Expands
Briefly Noted
March 21, 2023In February, new passenger car registrations in the European Union rose 12% to 802,763, compared to the same month last year, the European Automobile Manufacturers Association reported today. Through the first two months of this year, new passenger car registrations in the EU reached 1.6 million, an 11% increase from the same period last year.