Volume 9 Issue 17
Additive Plant Planned in Ufa
April 23, 2024A chemical company from the Russian Republic of Bashkortostan says it will build a lubricant additive factory in Ufa, the region’s capital, to offset the country’s shortage of such chemicals.
Fuchs to Acquire Lubcon
April 23, 2024Fuchs Group announced yesterday an agreement to acquire Germany-based Lubcon Group, primarily with the aim of jointly innovating and advancing high-quality specialty lubrication solutions, especially industrial lubricants and greases.
Russia Eases Lube Export Duties
April 23, 2024In a bid to support the country’s refineries, the Russian government introduced a measure to revoke step-up export duties on select petroleum products, including lubricants.
From Other Editions of Lube Report
April 23, 2024China Diesel Oil Spec Nears Adoption
Briefly Noted
April 23, 2024New passenger car registrations in the European Union declined 5% to 1 million units in March, compared to the same month last year, the European Automobile Manufacturers Association reported. The timing of the Easter holidays negatively impacted last month’s sales across most EU markets, ACEA noted.