Volume 2 Issue 31
SSY Base Oil Shipping Report
July 30, 2019There have not been any particular developments in the U.S. markets. Europe is similar, if perhaps a touch quieter than previously. Asia too is gently ticking over.-by Adrian Brown
Lukoil Lube Sales Rose in 2018
July 30, 2019Lukoil sold 875,000 metric tons of finished lubricants in 2018, up from 863,000 tons in 2017, according to the Russian companys latest performance report. It attributed the increase to growing domestic demand for petrochemical products.
Rerefining Subsidies Hiked in Spain
July 30, 2019The non-profit organization that manages the recycling of used lubricants in Spain raised its subsidy for oil collection and rerefining by 17 percent during the second quarter in order to offset declining base oil prices.
Orlen to Build Propylene Glycol Plant
July 30, 2019Polish oil refiner Orlen SA is building a 30,000 metric tons per year propylene glycol and glycerol plant at its refinery in Trzebinia near Katowice.
From Other Editions of Lube Report
July 30, 2019Briefly Noted
July 30, 2019Total named Marius Vermeulen sales director for lubricants in Germany earlier this month. Vermeulen replaces Patrick Schnell. Piraeus, Greece-based Shipoil, a marine lube trader, selected Inatech to digitalize its trading and supply operations.