OIL & GAS
Lukoil joint venture LLK-Naftan increased its lube additives production by 6%, while Intesmo’s grease production was flat, Lubes’n’Greases reports.
LLK-Naftan is a joint venture between Lukoil and Belarus-owned oil company Naftan. In 2019, the company produced 35,000 tons of lubricant additives — 6% more compared to the year before. The production is located in Novopolotsk, Belarus.
In 2019, more than 45% of the total production was used as additives for marine lubricants, while 20% of the output was additives for automotive and industrial lubricants.LLK-Naftan press-office
LLK-Naftan ships product to 90 companies in ex-Soviet states, the European Union, the Middle East, Asia and Africa.
Intesmo is a joint venture between Lukoil and Russian Railways, a state-owned railway transportation monopoly. The company’s grease plant in Volgograd, Russia, produced 32,000 tons of grease in 2019, the same as in 2018.
The company exported to 30 countries in 2019, 13 of which were new export destinations in Europe, Asia, South America and Africa.
Lukoil predicts increased demand for its additives and additive packages in 2020, especially in Europe. It plans to expand its production capacity to 40,000 t/y this year.