Volume 1 Issue 40
SSY Base Oil Shipping Report
October 2, 2018The volume of trade around the globe remains disappointingly slow, with none of the main trading areas in the Americas, Asia or Europe faring particularly well at the moment.-by Adrian Brown
Uncertainty Rules the High Seas
October 2, 2018Uncertainty looms over the future of marine lubricants as the shipping industry looks to cut costs and regulations come to fruition requiring formulation changes, said an industry insider at a conference held in early August.
Azmol-British Petrochemicals' Lubes Go Global
October 2, 2018Joint venture Azmol-British Petrochemicals ramped up its production this year, with European automakers recommending its lubricants for their vehicles, and entered new markets for the first time since restarting operations in 2017, the company said.
New Name, CEO for Acquired Chevron Assets
October 2, 2018A Glencore-backed consortiums acquisition of Chevrons downstream operations in South Africa and Botswana is complete, and the acquired entity will have a new CEO and fresh company name - Astron Energy - Astrons chairman confirmed to Lube Report.
From Other Editions of Lube Report
October 2, 2018Briefly Noted
October 2, 2018Brussels-based Solvay Group named Mike Radossich president of its Novecare global business segment, succeeding Emmanuel Butstraen. Chen Pu will take over Radossichs previous position as president of the Technology Solutions global business unit. Stallion Group chose Total Nigeria Plc as its lubricant sales partner for cars assembled and sold by Stallion across its after-sales service network in Nigeria, providing it access to Total Quartz and Rubia lubricants. Baluco GmBH will distribute Enoc Groups marine lubricants in Germany, The Netherlands and Belgium. Auto spare parts importer and Chevrolet dealer Moldovan GBS, S.R.L., will sell and promote Gazpromneft-Lubricants G-Energy brand products.