Volume 6 Issue 29
Additech, a lubricant additive joint venture between the Russian and Belarus oil majors Lukoil and Naftan, expanded its production capacity to 40,000 tons per year in 2022, double its size in 2016, according to a Russian news report. Formerly known as LLK-Naftan, in May 2021 the company changed its ownership structure and name to AddiTech, to avoid being associated with the Belarus energy company that is under Western sanctions.
Sentuo Group is scheduled to begin commissioning its new refinery in Tema, Ghana, next month, bringing sub-Saharan Africa a step closer to again having a base oil source. The Chinese company is building what will be the largest oil refinery in the country, including a base oil plant scheduled to come onstream by 2025.
The July issue features a Special Report on Electric Vehicles that explores how the grease industry is adapting to the electrification wave, why lubricant manufacturers are entering the emerging market of thermal management fluids, and how the fast-paced world of Formula E motorsport lubricants may be opening up doors for passenger EV fluids.
A public-private partnership to build a rerefinery capable of producing base oils was announced recently during an event in St. Petersburg, Russia. The project is in an early phase of development, but the partners plan to open the facility in 2026