DYM Resources GmbH Participates in the 15th ICIS Middle Eastern Base Oils & Lubricants Conference

The 15th ICIS Middle Eastern Base Oils & Lubricants Conference starts in Dubai tomorrow, on the 16th of October. The discussion will mainly be devoted to global support of the market transformation and commercial development in the Middle East.

“The supply of high quality base oils from Russia is growing and we are excited to facilitate shipping to Middle East and Africa,” the managing director of DYM Resources, Denis Varaksin, has said.

Last year, the conference became the biggest event in the region’s oil industry and was attended by 370 delegates from 195 companies from all over the world.

DYM Resources is an international oil trading company specialized in base oil supply.

To meet our managing director Denis Varaksin at the 15th ICIS Middle Eastern Base Oils & Lubricants Conference, do not hesitate to contact us per email:

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The Availability of Russian Base Oils Improves in September

The availability of Russian base oils for export loading has improved after a restriction in July and August, as refineries have begun to run at full-scale and the attractiveness of export sales has improved due to the weaker Russian ruble, according to DYM Resources estimates.

The Russian currency dropped by 8.6% between July 30th and August 28th, making domestic sales less competitive against export loadings. This could support export sales of finished lubes as well.

Rosneft and Naftan underwent maintenance at their base oils units during the summer, which limited supplies from June to August. Both producers offered healthy volumes for September loadings. Gazpromneft and Lukoil also have base oils available for export in September, according to market participants. Tatneft had maintenance planned for September but decided to postpone it, according to producers of export Group III 4 cSt and Group II 2.5 cSt.

In September, maintenance will only take place at one base oils unit in Russia: The Angarsk refinery, which mostly supplies the Chinese market via railroad, will have turnaround. The refinery exports up to 10,000 tons per month.

Demand Improves After The Holiday Season

The demand for base oils has improved after religious holidays in Muslim countries have been completed. The European market is also improving for September-October orders after the traditional slow-down during the summer months.

Feedstock prices began to rise in the second half of August after dipping in July and the first two weeks of August. The growing crude oil price supports strong base oils prices. The Brent price increased by 5USD per barrel or 7% between August 15th and 28th, and reached 75,78 USD/bl.

Russian base oils are supplied to Turkey, Europe, Nigeria, Middle East, and other markets.

DYM Resources is a trading firm specialized in base oils, waxes, petroleum coke, and bitumen trading. The company offers a cost-effective solution for deliveries from Russia, Belarus, Turkmenistan, Uzbekistan, and Europe. DYM Resources is experienced in flexi-tanks exports. For any enquiries, feel free to contact us via our website.

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Gazpromneft Starts Export Sales of Yaroslavl Group III Base Oils

Russian state-owned Gazpromneft has offered HVI-2 and VHVI-4 base oils from Yaroslavl Refinery for export, according to data received by DYM Resources.

Yaroslavl Refinery launched 100,000 tons/year Group III base oils last summer 2017, but could not stabilize production quality by June.

“The product quality now looks good: The color is 0, saturates content is 99%, sulphur content is less than 10ppm,” commented Denis Varaksin, base oils and wax director of DYM Resources.

Gazpromneft does not guarantee minimum viscosity index in its specifications, although typical VI stands at 120, which is the minimum required to classify for Group III according to American Petroleum Institute (API) definition.

The feedstock quality has changed during the project implementation and the unit needed different catalysts to maintain a high quality of production, market participants say. The refinery planned to improve Group III products quality by the end of 2018.

Yaroslavl Refinery is located 300 km northeast of Moscow and exports about 40,000 tons of Group I base oils per year, most of them headed to the Baltic ports of Riga and Liepaja.
Ownership of the refinery is split between the Russian oil and gas giants Gazpromneft and Rosneft. Both companies have equal shares in the refinery’s output.

For June, loading consists of around 800 tons of HVI-2 (API Group II base oils with viscosity at 100C at 2 cst) and about 600 tons of HVHI-4 (API Group III, viscosity 4 cst).

Yaroslavl Refinery is located close to Russia’s western border and already exports its Group III products from Rosneft’s share via Baltic ports. Rosneft sells export volume through monthly tenders, while Gazprom allocates base oils through distributors.

Gazpromneft’s base oils are REACH registered.

DYM Resources GmbH is a base oils trading company that specializes in sourcing from Russia. The company can offer base oils from Yaroslavl refinery in flexi containers, liquid trucks, or other form of packing. To receive a quote, please email us at

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Fergana Refinery Plans Group II and III Base Oils Production

Fergana Refinery, the only base oils producer in Uzbekistan, plans to begin Group II and Group III production in 2021-2022, a refinery representative stated at the CIS Base Oils and Lubricants conference in Moscow, Russia, held from May 23rd to 24th, 2018.

The refinery can currently use ExxonMobil technology to produce Group II and III base oils, converting raffinates and using hydro-deparaffinization and hydro-finishing.

“Group II and III base oils are in high demand in Central Asia, as economies in the region are growing and switching to modern machines and cars, which requires higher quality lubricants. The Fergana project looks promising, especially if the refinery manages to keep the production costs low.” – Denis Varaksin, the DYM Resources director of base oils and waxes

The Fergana Refinery representative estimated their export of base oils and lubes in bulk at around 100,000 tons per year. The refinery currently has the capacity to produce more than 450,000 tons of Group I base oils, but lacks the necessary feedstock. Sources at the refinery say that additional crude oil supplies delivered from Kazakhstan have recently improved the refinery’s running rates.

Fergana Refinery exports SN 100, SN 150, SN 350, and SN 500 base oils and their industrial equivalents. The main destination markets are Central Asia, the Middle East, and Turkey.

Uzbekistan’s lubes market is estimated at 216,000 tons per year, according to Uznefteproduct. The country imports around 20,000 tons of lubes annually.

DYM Resources can offer base oils as well as industrial lubes from Fergana Refinery in rail tank cars or flexi-containers at competitive prices, with high quality logistics and flexible payment terms. To receive a quote, please send your request with the desired base oil grade, volume, and destination via our website,


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CIS Base Oil and Lubricants conference

DYM Resources attends CIS Base Oil and Lubricants conference

DYM Resources GmbH will attend 6th CIS Base Oils & Lubricants conference in Moscow during 23-24 May 2018.

“Russian market is a key for our sourcing of Group I, II, III base oils as well as PAO and we are very excited to see our partners at industry leading event” – DYM Resources base oil and wax direct Denis Varaksin says.

The conference attracts 230+ delegates from 28 countries, all Russian major producers included Rosneft, Lukoil, Gapzromneft and Tatneft are going to be presented. The conference will cover Russia, Uzbekistan and Kazakhstan market, re-refining, additives markets and finished lubes market in ex-USSR region.

DYM Resources is a base oils and wax trading company focused on sourcing from Russia, Belarus, Turkmenistan, Uzbekistan and selling base oils in Europe, Africa, America, Middle East and Asia in bulk, flexi-containers, rail tank cars and trucks.

To schedule meeting with DYM Resources base oils director do not hesitate to contact us via our web-site email address or our Facebook page.

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Base Oil & Lubes Middle East 2018

DYM Resources speaks at 7th Base Oil & Lubes Middle East 2018

DYM Resources director of base oils and waxes Denis Varaksin will deliver a paper at 7th Base Oil & Lubes Middle East 2018 conference. The event will take place 25-26 April 2018 in Abu Dhabi, United Arab Emirates.

Presentation is titled:

“Russian base oils export and its impact on Mideast market”

  • Russian base oils market overview
  • New Group II / III capacities
  • PAO production in Russia
  • Export flows from Russia

“Russia is about to add another 200 tons of Group II capacity and is increasing its Group III exports from Taneco and Yaroslavl refineries” – Mr. Varaksin comments. Russia will not be able to accumulate all additional capacity planned and export from the country will compete with Mideast producers as Adnoc, Luberef, Bapco and other.

In 2018 year Base Oil & Lubes Middle (BLM) East conference will cover the following subject:

  • Impact of the Electric Vehicle Revolution on the Global Lubricants Industry
  • Lubricants Market of the Middle East
  • Continuing Evolution in the Re-Refining of Waste Oils
  • Outlook for Indian Lubricants and Base Oil Market
  • Group III base oils dominance in lubricants

DYM Resources is independent trading company focused on base oils, waxes and petroleum coke. The company has strong presence in Russia, Uzbekistan, Turkmenistan and Europe.

To meet DYM Resources base oils director during BLM in Abu Dhabi do not hesitate to contact us via our web-site email address

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PAO production process

Tatneft starts PAO production and sales

Russian oil company Tatneft has started polyalphaolefin (PAO) production, company representative said at Argus Tatarstan Oil products, Logistics and Trading conference. Conference took place in Kazan on 21-23 March.

The company has capacity to produce up to 10 000 tons per year of PAO and can produce the following viscosities: 2, 4, 6 and 12 cSt.

At the moment 2 and 4 cSt grades are available for export in flexi-container or tank-containers. You can find specification of PAO at our website.

Producer plans to allocate May volumes until 20 April. Usually there is strong domestic demand in Russia for PAO as there are no other producers of PAO in the region.

“Volume available for export will be small due to early stages of production, maybe 10 tons of each grade” – sources says.

The global polyalphaolefins market is expected to reach USD 1.58 billion by 2025, according to a new report by Grand View Research, Inc.

US PAO market by application

US PAO market by application

DYM Resources is able to supply PAO from Russia at competitive price levels with high-quality logistics and financial service. To get a quote for PAO-2 or PAO-4 do not hesitate to contact us via website of

PAO usage

PAO has various advantages over conventional lubricants such as wear & tear protection, excellent thermal stability, and good load carrying capacity which is anticipated to propel PAO industry growth over the forecast period.

PAO is Group IV base oils, fully synthetic with high viscosity index and very low pour point.

On of PAO application is rader coolant. Polyolefin is also used in pharmaceutical and medical industry for filter certification. PAO has very low pour point.

DYM Resources is a trading company, focused on base oils and waxes. The company key expertise is sourcing and delivering products from Russia and neighboring countries.

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