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  • Nigerian Blenders Decry New Import regime0

    By Our reporter The lubricant producers association of Nigeria (LUPAN) has condemned a new policy that empowers the Nigerian Midstream and Downstream Petroleum regulatory Agency (NMDPRA) to issue import license for the importation of lubricants to Nigeria. “The policy will sound a death to the entire existing blending plants in the country, that are currently

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  • Trump’s Tariffs Unsettle African Lubricant markets2

    President Donald Trump’s trade tariff is negatively impacting lubricant markets across the African continent, stakeholders told Blenders ‘N” Dealers. “The trade tariff has increased the cost of raw materials, especially Group III base stocks, bio-based lubes, synthetic lubes and additives,” said Emmanuel Ekpenyong, Aviation Operations Manager, Puma Energy Tanzania. He added that, “The cost increase,

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  • Multinationals’ Exit Strategic Alignment0

    Cape Town, South Africa: Multinational oil corporations are exiting the African lubricant market as part of strategies to streamline business operations and ensure efficiency and profitability, stakeholders told BND at the 10th ICIS African Base Oils and Lubricant Conference in Cape Town. Siva Konar, Marketing Segment Manager, Middle East and Africa at Azelis, said that major

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  • Headwinds Hem in Nigerian Lubricant Market0

    Cape Town, South Africa: Insecurity, currency fluctuation, and logistic challenges are limiting the expansion of the Nigerian lubricant market into the West African sub-region, said stakeholders of the Nigerian lubricant at the 10th ICIS African Base Oils and Lubricant Conference in Cape Town, South Africa. “There is a lot of growth in West Africa,” said

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informative platform that covers a wide range of topics, including news and lubricants market reports in Africa, the Middle East, and Europe. This blog serves as a valuable resource for individuals interested in staying updated on the latest developments and trends in these regions' lubricants markets

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