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October 22, 2019

Volume 2 Issue 43

Fuchs to Go Carbon Neutral in 2020

Fuchs Petrolub, the world's largest independent lubricant manufacturer, will be carbon-dioxide neutral by the start of 2020, the company announced on Friday. read more

Russia’s Motor Oil Demand Inching Up

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Russia’s motor oil consumption is expected to rise by a compound annual rate of 1.4 percent through 2024 as the country’s active vehicle parc increases, while sales of new Russian-made cars stagnate, a consultancy found. read more

Briefly Noted

Luxembourg-based Azelis, which distributes specialty chemicals and food ingredients, signed an agreement to acquire Beirut, Lebanon-based Orkila, a distributor of specialty chemicals and food ingredients throughout Africa and the Middle East. Among other products, Orkila offers corrosion inhibitors and surfactants for the oil field industry; and catalysts for a range of applications focused on the refining and petrochemical industries, including lube oils and wax.