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November 19, 2019

Volume 2 Issue 47

EU Moves Toward Group II Quota

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The European Commission last week adopted a quota for API Group II base oil imports, determining that volumes above 400,000 metric tons per year will be subject to duties of 3.7 percent. read more

Task Force Tackles Chemicals Reporting

European trade associations representing lubricant and chemical additive suppliers have agreed to create a task force on complying with chemical regulations including communication of sensitive information throughout the supply chain. read more

More Base Oils in European Pipeline

API Group I rationalization continues to occur in Europe, Russia and the Commonwealth of Independent States – with more expected in the Middle East – while an influx of new Group II capacity is projected to result in a surplus of that grade in Russia and CIS countries, an industry insider said. read more

Briefly Noted

Gazpromneft Marine Lubricants appointed Roman Miroshnichenko managing director this month.