Bulgariaís Prista Oil bought Chevronís stake in the companiesí Uzbek joint venture. While terms of the deal were not disclosed, it presumably includes the condition that Prista will modernize the blending plant and take on additional projects.
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Issue 91: January 2017 Lubes'n'Greases Magazine
Europe, Middle East and Africa
Discussions about moving major markets in the Middle East to higher value lubricants have seemingly gone on forever. Today, the impetus to make that happen is increasingly coming from the regionís vehicle parc, which is expected to see 26 million new and more sophisticated light vehicles enter the market by 2023.
Lubricants make up less than 1 percent of a plantís operating cost, but they can directly influence more than one-half of plant maintenance costs. Combine that with the corresponding downtime and productivity loss, and lubricant selection has a substantial impact on the total cost of ownership. Using PFPE-based grease can help cut these expenses.
Lubes'n'Greases Europe-Middle East-Africa is the first independent regional business magazine for and about the lubricants, base oil, additives and lube packaging industries in Europe, the Middle East and Africa. It reports on marketing and technology trends, raw material supplies, regulations and OEM specifications, and the challenges faced by end users of lubes and greases and the solutions that meet their needs. Every issue includes breaking news, in-depth features and informed opinions.
LNG EMEA has separate content from its sister magazine, Lubes'n'Greases, but offers the same reliable, unbiased and vital reporting each month.
The print edition is free to qualified subscribers in Europe, the Middle East and Africa, and is available on a paid-subscription basis elsewhere. The digital edition, an exact replica of the print magazine, is free to qualified subscribers worldwide.
Print and digital subscribers in Europe, the Middle East and Africa will receive the Base Stock Guide for Europe, the Middle East and Africa in July.
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