Trends & Studies
Passenger car registrations in the European Union dropped a record 76 percent in April to 270,682, compared to April last year, reflecting the first full month with Covid-19 pandemic restrictions in place, according to the European Automobile Manufacturers Association.
Maritime emissions regulations that took effect at the start of this year led the shipping to shift to low-sulfur fuel oils, in turn causing a transition from base number 70 or BN 100 grades cylinder oils to novel BN 40 products, industry sources told Lube Report.
The 22 associate members of the Spanish Lubricant Association sold 348,000 metric tons of lubricants in the country in 2019, down 1.3 percent from 2018, according to the group’s statistical commission.
Spain’s total lubricant consumption decreased 1.5 percent last year to 455,861 metric tons, according to Sigaus, a non-profit entity that manages used lubricants in the country.
German industrial giants Fuchs Petrolub and BASF carried out a joint study on the cradle-to-grave environmental impact of mineral oil hydraulic fluids, opening the door to further investigation of synthetic hydraulic fluid products.
French lubricant demand dropped 5.2 percent in 2019 as the European Union’s carbon dioxide emission reduction targets put pressure on the automotive sector in France and other large Euro economies, according to a consultant.
Europe was the second-largest supplier of wax in 2019, remaining a significant supplier of petroleum waxes while showing strong growth in synthetic polymer waxes and vegetable waxes, an analyst said recently.
Russian’s vehicle market is enduring a difficult period, with steep sales declines projected for 2020 as a quarantine intended to contain Covid-19 devastates businesses, forces millions out of labor and depresses consumer spending.
More than a quarter of Polish motorists do not know what type or brand of oil is used in their vehicle, according to a new marketing study on motor oil consumer behavior within the country.
Poland consumed more than 226,000 metric tons of lubricants in 2019, down 3.5 percent from the year before, and the slight decrease is attributed to weakening of the automotive industry and other sectors such as the metallurgy and mining, according to a Polish trade organization’s report.