Upturn in fortunes expected for lubricant manufacturing industry
11/06/2014 by OilStoreAdministrator
The research firm IBISWorld recently updated its report on the lubricant industry, forecasting that the sector’s revenue should increase strongly as economic growth takes hold over the next few years. This is expected to happen…
Fuchs extends its range as it acquires South African lubricant firms
28/05/2014 by Mark
The well-known German lubricant producer, Fuchs Petrolub SE, recently announced that it is to buy two sister South African lubricant companies, known as Lubrasa and Lubritene. Lubrasa produces
Oil prices fail to rise despite Ukraine tensions
20/05/2014 by OilStoreAdministrator
During the first week of May, oil prices decreased in spite of the increasingly difficult situation in Eastern Europe. Ukraine is crucially important as a