Volume 6 Issue 13
Spain’s lubricant demand decreased 2% in 2022, remaining short of the country’s pre-pandemic level of consumption, the Spain Lubricants Association reported last month. Factors cited as hindering the country’s economy last year included difficulties in obtaining raw materials and increases in energy costs.
Georgia imported 22,000 metric tons of finished lubricants in 2022, a 15% increase from 19,000 tons in 2021, according to Georgia’s Association for Petroleum Product Importers. The country imports most of the lubes it consumes. Turkey, Iran and Germany were the three largest suppliers.
Spain’s Ministry of Science and Innovation and the European Union, through its Next Generation fund, are financing a project to develop advanced services for intelligent management of lubricants through the use of artificial intelligence and technologies that communicate with machine tools via the Internet.