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September 10, 2019

Volume 2 Issue 37

Group II Duty Exemption for EU Reviewed

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A European Commission committee met on Sept. 6 to discuss whether to renew, amend or abolish a tariff exemption for API Group II base oil imports to the bloc. The waiver is set to expire in December, and ideas to implement a quota are under discussion. read more

Opet Fuchs JV Opens Lube Plant in Turkey

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German-Turkish joint venture Opet Fuchs last week announced the start of operations at its lubricant blending plant in Aliaga, Turkey, near Izmir, saying the plant was built to meet rapid sales growth in the country and in the neighboring markets. read more

Geographic Lube Demand Trends Shift

Global lubricant demand has been mostly flat during recent decades, but the geographic spread of that demand has shifted significantly, an industry analyst told a conference late last month. read more

Briefly Noted

Swiss lubricants maker Panolin announced that it is converting a large portion of its formulations from API Group I base oil to rerefined Group II. A first phase will convert products accounting for about 35 percent of annual lubricant production volume.  Ingevity expanded its lubricants distribution network by establishing increased partnerships with Carroux GmbH and Sea-Land Chemical in the European market. Carroux, which distributes Ingevity’s lubricants products in Germany, will expand its sales into Eastern European countries, and Sea-Land, which distributes Ingevity’s lubricants business in the United States, will now also sell the products in Western Europe.

Correction

In the emailed version of last week’s issue, an article about a complaint against a Toyota First-branded engine oil mistakenly included an image of a Toyota genuine oil. The Toyota First oil is marketed by Impetus Automotive Ltd., not the Japanese automaker. The article also stated incorrectly that Verification of Lubricant Standards monitors engine oils on behalf of the technical association of the European lubricants industry. VLS acts independently in monitoring the United Kingdom’s market.