LLK International, Russias largest lube marketer, posted improved sales results for 2017, boosted by its increased cooperation with car manufacturers.
NextChem announced yesterday it was contracted by Sogis Chemical Co. to build a plant that will make oleic acid from residual fats. Oleic acids are intermediates used for production of biobased lubricants.
Lukoil says a blending plant that it is building in Kazakhstan will still open on time early next year, despite a legal dispute between the oil company and a local contractor working on the project.
Evonik announced yesterday it is expanding its production capacity for polyalkylmethacrylate-based viscosity modifiers by 15 percent to meet rising demand. The oil additives provider has a global production footprint, including three plants in Europe.
Finnish refiner Neste announced the settlement of a previously undisclosed dispute with Bahrain Petroleum Co. and Nogaholding, its partners in a joint venture API Group III base oil project in Sitra, Bahrain.
Greif Inc. opened a new multi-million dollar steel drum production plant in Kaluga, Russia, the company announced last week. The facilitys construction is part of plans to expand the companys food-grade lubricant packaging production and increase its presence in Russia.
Polish lube maker Orlen Oil will start to produce hand sanitizers at its lubricant blending plant in Jedlicze, part of the government initiative to fight the spread of the coronavirus in Poland, a company official confirmed to Lube Report.
Russian refining joint venture Slavneft reported that the API Group III portion of its Yaroslavl base oil plant ramped up to full production of 100,000 metric tons per year in 2018.
Total unveiled its new lubricants blending plant in Kaluga, Russia, Monday, saying it will reduce reliance on imports and cut delivery times both domestically and in neighboring markets such as Belarus and Central Asian countries.
ExxonMobil announced Thursday that its new base stock plant in Rotterdam has begun commercial production, marking the opening of Europes first large-scale API Group II source.