Volume 2 Issue 12

SSY Base Oil Shipping Report

Markets out of the U.S. Gulf are almost entirely focused on contractual shipments, meaning that space is very tight for spot cargoes. European and Asian markets are both plodding on - nothing spectacular, but nothing critical either.-by Adrian Brown

Slavneft Ramped Up Group III Output in 2018

Russian refining joint venture Slavneft reported that the API Group III portion of its Yaroslavl base oil plant ramped up to full production of 100,000 metric tons per year in 2018.

Fuchs Expands Kaiserslautern Production Site

Independent lubricants manufacturer Fuchs Petrolub SE expanded its operations in Kaiserslautern, Germany, doubling warehouse capacity and creating space to increase production, the company announced last week.

Energy Demand Forecast to Fall in Europe

The European Unions energy demand is projected to decline by 13 percent by 2040, while consumption in Africa and the Middle East is forecast to rise by 127 percent and 55 percent, respectively, according to the 2019 BP Energy Outlook.

From Other Editions of Lube Report

Briefly Noted

Dubai-based lubricant manufacturer Dana Lubricants Factory entered into an agreement with Petrogress International, designating Petrogress as the exclusive distributor of Dana Lubricants products in Western Africa. Infineum appointed Brenntag Group subsidiary Multisol Europe as its distributor of lubricant products in Spain, Portugal, Morocco, Algeria and Tunisia, effective March 1.