Volume 6 Issue 35
Rerefinery and Lube Factory Planned in Turkey
August 29, 2023A waste oil rerefinery and lubricant manufacturing complex will be constructed in Mersin province in southeastern Turkey, the local government said in a recent news release. The project will be operated Shah Oil and have capacity to make 14,400 metric tons per year of base oil.
Duties Blamed for Slide in Kazakh Exports
August 29, 2023The competitiveness of Kazakhstan lubricant makers against Russian counterparts suffered because of the high duties paid by the former to export products to neighboring countries, an official from one company told an industry meeting this month.
First Half Lube Profits Fall for Vivo Energy
August 29, 2023African distributor Vivo Energy reported double-digit declines in profit for its lubricant segment and a 5% decrease in revenue from external customers for the first half of this year. The company is a major distributor of lubricants to retail and commercial customers in Africa.
From Other Editions of Lube Report
August 29, 2023Shell May Sell Singapore Refining
Briefly Noted
August 29, 2023Adrian Wahl took over as the head of marketing for Motul Germany, French lubricants manufacturer Motul announced earlier this month. He succeeded Mark Grunert, who will have global responsibility for optimization of the value chain in the newly created position of group head of design to cost.