Volume 6 Issue 43

Africa Demand Spurred by Economic Growth

Lubricant consumption in Africa is forecast to grow at a compound annual rate of 2.4% over the next five years, an official with base oil trader Penthol told an industry gathering in Saudi Arabia last week. Cliff Classen said that growth will be driven by population expansion, especially in cities, a new continent-wide free trade zone and investment in power grids.

Latvia Tightens Waste Oil Collection Regs

Latvia’s national agency for waste management recently unveiled a campaign to improve handling of waste oil and to strengthen regulation of its collection and recycling, spelling out specific requirements for motor oil producers and distributors, as well as service stations that perform motor oil changes.

Sigaus Reduces Fee to Members

Sigaus, a non-profit organization that manages Spain’s recycling of used lubricants, last month decided to reduce the contribution of its member companies for management of waste oil by 17% to €60 per metric ton effective Jan. 1, 2024, citing favorable market conditions, including favorable sales prices for rerefined base oil.

From Other Editions of Lube Report

Savita Commissions Synthetic Ester Plant

Gulf Oil Blends S-Oil’s Lubes in India

Legal Challenge to Minnesota Emissions Rule Falls

Briefly Noted

UNITI, the German association of small and medium-sized mineral oil companies, changed its name to UNITI Federal Association of Medium-Sized Energy Companies to reflect that its member companies – in addition to conventional, mineral oil-based fuels and lubricants – offer other products increasingly based on renewable energies.

Castrol and Rubis Energy Uganda partnered to launch Castrol’s lubricants products in Uganda, with availability at more than 54 Rubis stations countrywide.