Volume 6 Issue 25

France Market Continues Downward Trend
June 20, 2023Finished lubricant demand in France dropped in April to its lowest point since last August, continuing a 10-month streak of year-on-year decreases broken only by a 2% uptick in January.

Germany Lube Demand Tumbles in March
June 20, 2023German lubricant demand fell 24% in March, a second consecutive month of declines following two months of healthy gains. Several categories of industrial lubes also saw double-digit percentage decreases, including metalworking fluids, machine lubricants and turbine oils, according to data released June 16 by a government agency.

Lubes’n’Greases June Issue Available
June 20, 2023The June issue explores the rich world of lubricant additives. Get a snapshot of global additive demand and trends, and learn about how sustainable additives can contribute to progress in the automotive lubricant space. Plus, discover how industrial lubricants and greases can help to solve costly tribological challenges in wind turbines.

Poland May Exempt Recyclers from Licensing
June 20, 2023As part of an effort to combat illicit trade and tax dodging, Poland’s government plans to begin requiring licenses for both the importing and domestic marketing of lubricants and fuels. The proposal would provide an exemption, however, for lubricant suppliers and traders that ensure their products are recycled after use.
From Other Editions of Lube Report
June 20, 2023Petronas to Acquire, Upgrade Maleic Plant
Briefly Noted
June 20, 2023Domestic sales of new vehicles in South Africa rose 10% to 43,060 units in May, compared to 39,101 units in the same month last year, according to data released by the National Association of Automobile Manufacturers of South Africa.