Volume 9 Issue 22

Verbio to Make Rapeseed Chemicals

Verbio SE recently started construction of a large-scale ethenolysis plant using rapeseed oil methyl ester at a site in Germany to manufacture large quantities of biobased specialty chemicals for use in a range of products, including high-performance lubricants for engines.

State-owned Company Buys Sapref

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell and BP – transacting a site that includes one of the few base oil plants in Sub-Saharan Africa.

MRS Oil Records Jump in Earnings

Nigerian blender MRS Oil Nigeria reported large increases in gross profit and sales revenue for its lubricants segment in the first quarter, despite a sharp uptick in the segment’s cost of sales.

From Other Editions of Lube Report

Kluber Expands India Lubes Plant

Oronite to Boost China Output

More Work Needed on Sustainability Standards

Briefly Noted

In April, new passenger car registrations in the European Union grew by 14% to 913,995, compared to 803,568 in the same month last year, the European Automobile Manufacturers Association reported.