Emirates National Oil Co. and Proserv Group will ramp-up lubricants blending in the growing Egyptian market after signing memorandums of understanding with local lubricant companies.
Greek petroleum refiner Motor Oil Hellas, announced a 30 million euro investment to establish a joint venture blending plant in Algeria that will have capacity to produce 55,000 metric tons per year of lubricating oils and 5,000 t/y of greases.
Africa recycles less of its used lubricants into base oils than other regions, and several obstacles stand in the way of increasing that amount, industry officials said at a conference in Cape Town, South Africa, last month.
Chevron and Casablanca, Morocco-based energy company Akwa Group reached an agreement to create an African lubes hub in Morocco, the companies announced late last month.
Half of Africas 54 countries have passed legislation regulating imports of used vehicles - either banning them completely or capping the age of units that can be brought in - and this is changing fleet mixes and gradually impacting base stock needs, an ExxonMobil official said at a conference here.
The African Continental Free Trade Agreement that went into force in May benefits Africas lubricants blenders by reducing tariffs and other barriers to doing business with other countries within the continent, industry insiders said Nov. 6 at a conference in Cape Town, South Africa.
Chevron established a second API Group II base oil hub in Africa through a distribution agreement with a Moroccan company, extending its coverage of the African market.
Biskra, Algeria-based Sarl Sopremac opened a lube oil blending plant in Algeria that has already begun production of multigrade motor oils and industrial lubricants.
Contrary to global trends, African demand for API Group I base oils will continue rising in coming years and the grade remain the dominant choice of the regions lubricant market, an industry insider said at the ICIS African Base Oils and Lubricants Conference last month.
The African lubricant markets lack of an adequate quality control mechanism - particularly for its engine oil segment - has led to ongoing challenges for industry players, speakers said during a panel at an industry conference last month in Cape Town, South Africa.
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