Tuesday, March 5, 2024
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HomeCLUB DRIVELubricant consumption rises

Lubricant consumption rises

But, the end users are yet to enjoy the benefits that usually accompany a competitive market, such as product diversity and lower costs, due to a lack of local production.“The industrial sector will be benefitted when engine oils are blended in the country as only then will prices come down. Lube processing is not a high tech industry,” said Amirul Haque, managing director of Premier Cement.Petroleum products are materials derived from crude oil and processed at oil refineries to make motor oil, engine oil, engine lubricants and a host of other products.

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