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November 5, 2019

Volume 2 Issue 45

Base Oil Market Roiled by Change

The base oil market is changing as the industry tackles new sources of product, increasingly demanding lubricant performance requirements and a variety of other challenges, an industry insider said at an event in Cannes, France. read more

Russian Greases Divergent in Quality

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Imports are on the rise in Russia’s grease market, but domestic lubricant makers are trying to displace them by offering products of similarly high quality. However, low-quality greases made by some domestic producers continue to dominate a large portion of the market, an industry insider said. read more

Profits Down for Fuchs, Up for BP Lubes

Independent lubricants blender Fuchs Petrolub SE reported a decrease in profits and an increase in sales, while BP’s lubricants business posted an increase in profit for the third quarter compared to 2018’s third quarter. read more

Briefly Noted

Shell announced the three-year renewal to the end of 2022 of its longstanding technical partnership with Italian motorcycle manufacturer Ducati. The partnership has provided access to a test bed for development of Shell’s own products, including motorcycle lubricants.  Timken Co. completed its previously announced acquisition of Pegnitz, Germany-based automatic lubrication system supplier Beka Lubrication for approximately $165 million.