Romanian lubes consumption drops
Romanian Lubes consumption dropped by 40 million litres in 2009, with 70% consumption comprising automotive
Romanian Lubes consumption dropped by 40 million litres in 2009, with 70% consumption comprising automotive
VW launch a limited edition tomato ketchup to celebrate record VW ketchup sales
Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.
European desire for small cars reduces emissions; self-healing starfish could prolong oil life; Indian collaboration on biofuels; 'lip gloss' for high speed trains; and Tedd Biddle gains Excellence honour.
Global forecasts for 2010 growth in real GDP are increased to 4.5% but the recovery rates vary significantly by country even within the dynamic BRIC economies. In Russia, how will the significant increase in car imports impact on the lubricants market?
The UEIL's Jean-Philippe Monod delivered a presentation at the 2009 UEIL Congress which focused on European competition policy and its affects on the lubricants industry.
Focusing on the correlation between national GDPs and the demand and supply of lubricants with market comparisons from 2008 and Q1 2009. Written by Sebastian Crawshaw of OATS and Apu Gosalia, Head of Strategic Marketing, Fuchs Petrolub AG.
The ACC shows slight encouragement for the chemical industry's production index, but ACEA can't lift the gloom for the European auto makers and calls for urgent help for the commercial vehicle sector. There's also an interesing report on the Nanocatalyst market.