Volume 1 Issue 52
SSY Base Oil Shipping Report
December 25, 2018The markets are gliding towards the end of the year without any great urgency. In the case of the U.S. and Asia, prompt space is minimal anyway, but Europe requires many more cargoes before all the ships are safely through the holiday period.-by Adrian Brown
ACEA 2018 Adoption Delayed by ILSAC Tests
December 25, 2018The European Automobile Manufacturers Association has delayed approval of its ACEA 2018 engine oil sequences because of work that still needs to be done on engine tests developed by the groups counterparts in North America.
2018 Was Busy for Lubes Industry
December 25, 2018This year was a busy one for the lubricant industry in Europe, the Middle East and Africa with a high number of mergers and acquisitions and facilities investments. On top of that, 2018 also featured important trends in base oil trading patterns in all three regions.
South African Market Engenders Optimism
December 25, 2018New players and investors have a growing confidence about the future of South Africas lubricant market because of positive trends in economics, politics, industry and infrastructure, an industry insider told the ICIS African Base Oils & Lubricants Conference in Cape Town, South Africa.
From Other Editions of Lube Report
December 25, 2018Briefly Noted
December 25, 2018Amsterdam-based Vivo Energy appointed Mohamed Chaabouni as CEO of its Ivorian subsidiary, effective Jan. 1, 2019. Chaabouni is currently managing director of Vivo Energy Tunisie, and will succeed Ben Hassan Ouattara. CFAO will distribute Total-branded lubricants at some of its dealerships in its distribution network, after the companies reached an agreement last week. CFAO will distribute to Senegal, Cote d’Ivoire, Cameroon, Nigeria and Kenya initially, before extending the agreement to other African countries.