Volume 6 Issue 13
Spain Demand Declined in 2022
March 28, 2023Spain’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.
Lubricant Imports to Georgia on the Rise
March 28, 2023Georgia 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.
Research Project Targets Smart Lube Management
March 28, 2023Spain’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.
From Other Editions of Lube Report
March 28, 2023Group I Plants Closing, Groups II and III Growing
Briefly Noted
March 28, 2023BP’s Castrol earlier this month unveiled a refreshed brand identity, including an updated logo that will roll out in stages across Castrol’s European operations this year and into 2024, ultimately becoming visible on its product packaging, service partnership programs, facilities, online and offline marketing, and global sponsorship assets. Shell Lubricants Egypt signed two partnership contracts with General Motors and Al Mansour Automotive to be the exclusive lubricants, greases and fluids supplier for both companies.