Interested in the lubricant industry in Europe?

Subscribe to Lube Report EMEA - a new e-newletter for the lubricants industry focused on Europe, the Middle East and Africa.

April 16, 2019

Volume 2 Issue 16

Scant Growth Forecast for 2019

Global lubricant demand – excluding marine oils – is expected to increase 0.5 percent to 36.6 million metric tons this year, according to a presentation given at the Uniti Mineral Oil Technology Forum held earlier this month in Stuttgart, Germany. read more

Aramco to Take Smaller Stake in Oilbank

Saudi Aramco reached an agreement to purchase a 17 percent stake in South Korean oil refiner Hyundai Oilbank for 1.4 trillion won ($1.2 billion), the state-owned company announced yesterday. This is slightly smaller than the stake Aramco announced that it had agreed to take in late January. read more