30-01-2020

The future development of lubricants market in Russia: where is the market going?

Growth forecast and future development of lubricants market in Russia and the CIS become one of the topics in focus at the 8th Conference on CIS Base Oils & Lubricants, which will be held on May 20-21 at the Radisson Collection Hotel in Moscow. The conference is held with the partner support of Rosneft Lubricants for already ? years.

Local consultancy company B2X stated at the CIS Base Oils & Lubricants 2019 that lubricants production had increased by 3% to 2.5 million tons in response to increased demand. Global lubricants demand statistics show that Russia is now the largest European market and ranks fifth in the world. What are the new base oils and lubricants markets? What regions have a potential to compete on the global base oils and lubricants supply market? Who is the new potential leader? These topics will be the focus at CIS Gas Monetisation business forum.

In addition to growth forecast and future development of lubricants market in Russia & the CIS, such topics as global analysis of supply and demand for base oils, market changes with increasing demand for OEM brands, changing ways of interacting with end consumers in the digital marketing era and collection and re-refining of used oils in Russia & the CIS.

Participation in the conference has already been confirmed by such companies as IHS Markit, Kao Chemicals, Fluid Solutions, Arlanxeo, Avrora, Volvo Construction Equipment, Obninskorgsintez, Kline & Co, Oats, Russian Railways, Evonik, Kamaz, KAO Chemicals, Afton Chemical, Aurora-lab, Nis Gazpromneft, Liebherr, Russian Railways, Mosgortrans, Unido, CMB Italy-Technology, Fuchs Petrolub, Severstal, Ukla, Sibur, Hyundai and others.