Volume 9 Issue 24

Saneg Targets Group I to Europe

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it has improved the quality of its API Group I base oil products through plant equipment upgrades.

Spain Rerefining Rate Dipped in 2023

Spain during 2023 rerefined 78% of its collected waste lubricants into base stocks, the non-profit organization charged with managing waste lubricants said last month, slightly lower than the rate in 2022.

Afyren Begins Commercial Production

French biochemical start-up Afyren last week announced completion of several long production cycles to deliver the first commercial volumes of biobased carboxylic acids from its Afyren Neoxy joint venture factory near Saint-Avold, France.

From Other Editions of Lube Report

China, Taiwan Lock Horns Over Tariffs

PSP Receives Capital Infusion

Cerilon Starts Engineering GTL Plant

Briefly Noted

Emirates National Oil Co. Group announced on June 6 that sales revenue for its marine lubricant business in Greece grew 120% from 2022 to 2023. Multiple agreements contributed to the increase, the company said. By the end of 2024, Enoc Group aims to expand its global Strata marine lubricants presence by adding 80 new ports to its existing network.