Volume 6 Issue 45

A French Brand Name from a Russian Blend Plant

Top Lubricants unveiled recently a new Russian brand that sounds very French – Lemarc, which is produced at the former TotalEnergies blending plant in Vorsino, Kaluga oblast. The Russian company also claimed its products will use the same raw materials that Total did, despite boycotts by some suppliers.

Profits Up for Castrol, Down for Luberef

BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 28% drop in net profit for the third quarter due to a decrease in base oil margins.

European Base Oils Ending Year on Blasé Note

European demand for all types of mineral base oils is trending toward lackluster as 2023 enters its home stretch, an editor with Independent Commodity Intelligence Services said at an industry gathering last month, and that is weighing against supply-side forces that would tend to push up prices.

From Other Editions of Lube Report

Shell Selling Pakistan Business to Saudi Firm

Profits Fall for Korean Base Oil Suppliers

U.S. Base Oil Output Rebounds in August

Briefly Noted

Castrol appointed Certa, part of DCC Plc, as its sole country partner for Ireland and Northern Ireland to focus on the distribution of Castrol lubricants, greases, coolants and other fluids products across the automotive, industrial, marine and energy sectors.