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October 2, 2018

Volume 1 Issue 40

Uncertainty Rules the High Seas

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Uncertainty 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. read more

Azmol-British Petrochemicals' Lubes Go Global

Joint 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. read more

New Name, CEO for Acquired Chevron Assets

A Glencore-backed consortium’s acquisition of Chevron’s downstream operations in South Africa and Botswana is complete, and the acquired entity will have a new CEO and fresh company name – Astron Energy – Astron’s chairman confirmed to Lube Report. read more

Briefly Noted

Brussels-based Solvay Group named Mike Radossich president of its Novecare global business segment, succeeding Emmanuel Butstraen. Chen Pu will take over Radossich’s 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 Group’s 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.